HMCTF (Hainan Meilan International Airport Co) Days Payable: 37.51 (As of Dec. 2025) — 41% Below Median


HMCTF Hainan Meilan International Airport Co Ltd HMCTF
67 GF Score
Price $0.65
GF Value $1.55
Valuation Possible Value Trap
! 5 Warning Signs
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What is Hainan Meilan International Airport Co Days Payable?

Hainan Meilan International Airport Co HMCTF 67 Days Payable is 37.51 as of Dec. 2025, which is 41% below its 10-year median of 64.11. GuruFocus rates HMCTF with a GF Scoreâ„¢ of 67/100 and a GF Valueâ„¢ of $1.55 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 972 Transportation companies, Hainan Meilan International Airport Co ranks better than 51.03% on this metric.

Hainan Meilan International Airport Co's average Accounts Payable for the six months ended in Dec. 2025 was $30.4 Mil. Hainan Meilan International Airport Co's Cost of Goods Sold for the six months ended in Dec. 2025 was $147.7 Mil. Hence, Hainan Meilan International Airport Co's Days Payable for the six months ended in Dec. 2025 was 37.51.

The historical rank and industry rank for Hainan Meilan International Airport Co's Days Payable or its related term are showing as below:

HMCTF' s Days Payable Range Over the Past 10 Years
Min: 16.67   Med: 64.11   Max: 162.24
Current: 39.88

During the past 13 years, Hainan Meilan International Airport Co's highest Days Payable was 162.24. The lowest was 16.67. And the median was 64.11.

HMCTF's Days Payable is ranked better than
51.03% of 972 companies
in the Transportation industry
Industry Median: 38.905 vs HMCTF: 39.88

Hainan Meilan International Airport Co's Days Payable declined from Dec. 2024 (43.71) to Dec. 2025 (37.51). It may suggest that Hainan Meilan International Airport Co accelerated paying its suppliers.


Hainan Meilan International Airport Co Days Payable Related Terms


Hainan Meilan International Airport Co Days Payable Historical Data

* Premium members only.

The historical data trend for Hainan Meilan International Airport Co's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hainan Meilan International Airport Co Days Payable Chart

Hainan Meilan International Airport Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 135.38 120.07 58.58 49.81 40.36

Hainan Meilan International Airport Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52.76 48.32 43.71 41.63 37.51

HMCTF vs JOBY, CAAP: Days Payable Comparison

For the Airports & Air Services subindustry, Hainan Meilan International Airport Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hainan Meilan International Airport Co Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Hainan Meilan International Airport Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hainan Meilan International Airport Co's Days Payable falls into.


HMCTF
67GF Score
Hainan Meilan International Airport Co Ltd HMCTF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hainan Meilan International Airport Co Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Hainan Meilan International Airport Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (35.628 + 29.873) / 2 ) / 296.219*365
=32.7505 / 296.219*365
=40.36

Hainan Meilan International Airport Co's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (30.837 + 29.873) / 2 ) / 147.699*365 / 2
=30.355 / 147.699*365 / 2
=37.51

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 37.51 mean?
Hainan Meilan International Airport Co (HMCTF) has a Days Payable of 37.51 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hainan Meilan International Airport Co and its competitors. This is 41% below median its historical median of 64.11. Over the past decade, Hainan Meilan International Airport Co's Days Payable has ranged from 16.67 to 162.24. According to the industry distribution chart, Hainan Meilan International Airport Co ranks #476 out of 972 companies in the Transportation industry, placing it in the top 49%.
Is Hainan Meilan International Airport Co's Days Payable too high?
Hainan Meilan International Airport Co's current Days Payable of 37.51 is 41% below median its 10-year median of 64.11. Over the past 10 years, this metric has ranged from a low of 16.67 to a high of 162.24. The Transportation industry median Days Payable is 38.91. Hainan Meilan International Airport Co's value of 37.51 is 3.6% below this industry median. Based on the distribution chart, Hainan Meilan International Airport Co ranks #476 out of 972 companies in the Transportation industry, which is above the industry midpoint. Overall, Hainan Meilan International Airport Co has a GF Scoreâ„¢ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hainan Meilan International Airport Co's Days Payable compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Hainan Meilan International Airport Co ranks #476 out of 972 companies for Days Payable. This puts Hainan Meilan International Airport Co in the upper half of its industry. The industry median Days Payable is 38.91. Hainan Meilan International Airport Co's value of 37.51 is 3.6% below this benchmark. Historically, Hainan Meilan International Airport Co's own Days Payable has ranged from 16.67 to 162.24 over the past decade. While the company's 10-year median is 64.11 vs. the industry median of 38.91, Hainan Meilan International Airport Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Transportation company?
The median Days Payable among Transportation companies is 38.91, based on 972 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hainan Meilan International Airport Co's current Days Payable of 37.51 is 3.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hainan Meilan International Airport Co and its competitors. For the Transportation industry, the median Days Payable is 38.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hainan Meilan International Airport Co's current Days Payable is 37.51, which is 41% below median its own 10-year median of 64.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hainan Meilan International Airport Co stock overvalued right now?
Based on GuruFocus' analysis, Hainan Meilan International Airport Co (HMCTF) is currently considered Possible Value Trap. The stock's GF Value™ is $1.55, compared to a current price of $0.65 — trading 58.1% below its estimated fair value. The current Days Payable is 37.51, which is 41% below median its 10-year median of 64.11 and 3.6% below the Transportation industry median of 38.91. Hainan Meilan International Airport Co's overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Hainan Meilan International Airport Co (HMCTF), the current Days Payable is 37.51 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hainan Meilan International Airport Co (HMCTF) Overvalued in 2026?

Based on GuruFocus' analysis, Hainan Meilan International Airport Co stock appears to be undervalued. The current stock price of $0.65 is trading 58.1% below its estimated GF Value™ of $1.55. GuruFocus considers Hainan Meilan International Airport Co to be Possible Value Trap.

Key valuation signals for HMCTF:

  • Days Payable: 37.51 (41% below median its 10-year median of 64.11)
  • GF Value™: $1.55 vs. price of $0.65 (58.1% below fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 3.6% below the Transportation median (#476 of 972)

No single metric tells the full story. See the HMCTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hainan Meilan International Airport Co Business Description

Other Exchanges 00357:Hong KongHAO:Germany
Address Office Building of Meilan Airport, Hainan Province, Haikou, CHN, 571126
Hainan Meilan International Airport Co Ltd is engaged in the operation of an airport and an ancillary hotel, and the provision of related services in the PRC. The company engages and generates revenues from the operational activities at the Meilan Airport of the Hainan Province in the People's Republic of China (PRC). Under its aeronautical businesses, the firm provides terminal facilities, ground handling services, and passenger services. The non-aeronautical business includes the leasing of commercial and retail spaces at Meilan Airport, franchising of airport-related business, advertising, car parking, cargo handling, and sales of consumable goods.
67GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.65
Price
$1.55
GF Value