MCHVF (MGM China Holdings) Days Payable: 87.33 (As of Dec. 2025) — 46% Below Median


MCHVF MGM China Holdings Ltd MCHVF
79 GF Score
Price $1.28
GF Value $2.25
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is MGM China Holdings Days Payable?

MGM China Holdings MCHVF -14.67% 79 Days Payable is 87.33 as of Dec. 2025, which is 46% below its 10-year median of 161.36. GuruFocus rates MCHVF with a GF Score™ of 79/100 and a GF Value™ of $2.25 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 778 Travel & Leisure companies, MGM China Holdings ranks better than 65.68% on this metric.

MGM China Holdings's average Accounts Payable for the six months ended in Dec. 2025 was $698 Mil. MGM China Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was $1,459 Mil. Hence, MGM China Holdings's Days Payable for the six months ended in Dec. 2025 was 87.33.

The historical rank and industry rank for MGM China Holdings's Days Payable or its related term are showing as below:

MCHVF' s Days Payable Range Over the Past 10 Years
Min: 78.48   Med: 161.36   Max: 272.09
Current: 89.33

During the past 13 years, MGM China Holdings's highest Days Payable was 272.09. The lowest was 78.48. And the median was 161.36.

MCHVF's Days Payable is ranked better than
65.68% of 778 companies
in the Travel & Leisure industry
Industry Median: 56.525 vs MCHVF: 89.33

MGM China Holdings's Days Payable declined from Dec. 2024 (88.44) to Dec. 2025 (87.33). It may suggest that MGM China Holdings accelerated paying its suppliers.


MGM China Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for MGM China Holdings'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.

MGM China Holdings Days Payable Chart

MGM China Holdings 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 146.92 175.27 78.56 87.81 89.12

MGM China Holdings 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 81.64 78.32 88.44 91.81 87.33

MCHVF vs LVS, MGM, WYNN: Days Payable Comparison

For the Resorts & Casinos subindustry, MGM China Holdings'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.


MGM China Holdings Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, MGM China Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where MGM China Holdings's Days Payable falls into.


MCHVF
79GF Score
MGM China Holdings Ltd MCHVF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MGM China Holdings 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.

MGM China Holdings'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
=( (651.512 + 714.103) / 2 ) / 2796.451*365
=682.8075 / 2796.451*365
=89.12

MGM China Holdings'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
=( (682.311 + 714.103) / 2 ) / 1459.156*365 / 2
=698.207 / 1459.156*365 / 2
=87.33

* 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 87.33 mean?
MGM China Holdings (MCHVF) has a Days Payable of 87.33 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 MGM China Holdings and its competitors. This is 46% below median its historical median of 161.36. Over the past decade, MGM China Holdings' Days Payable has ranged from 78.48 to 272.09. According to the industry distribution chart, MGM China Holdings ranks #267 out of 778 companies in the Travel & Leisure industry, placing it in the top 34.3%.
Is MGM China Holdings' Days Payable too high?
MGM China Holdings' current Days Payable of 87.33 is 46% below median its 10-year median of 161.36. Over the past 10 years, this metric has ranged from a low of 78.48 to a high of 272.09. The Travel & Leisure industry median Days Payable is 56.53. MGM China Holdings' value of 87.33 is 54.5% above this industry median. Based on the distribution chart, MGM China Holdings ranks #267 out of 778 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, MGM China Holdings has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MGM China Holdings' Days Payable compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, MGM China Holdings ranks #267 out of 778 companies for Days Payable. This puts MGM China Holdings in the upper half of its industry. The industry median Days Payable is 56.53. MGM China Holdings' value of 87.33 is 54.5% above this benchmark. Historically, MGM China Holdings' own Days Payable has ranged from 78.48 to 272.09 over the past decade. While the company's 10-year median is 161.36 vs. the industry median of 56.53, MGM China Holdings has consistently been above 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.53, based on 778 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. MGM China Holdings's current Days Payable of 87.33 is 54.5% above 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 MGM China Holdings and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGM China Holdings's current Days Payable is 87.33, which is 46% below median its own 10-year median of 161.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGM China Holdings stock overvalued right now?
Based on GuruFocus' analysis, MGM China Holdings (MCHVF) is currently considered Significantly Undervalued. The stock's GF Value™ is $2.25, compared to a current price of $1.28 — trading 43.1% below its estimated fair value. The current Days Payable is 87.33, which is 46% below median its 10-year median of 161.36 and 54.5% above the Travel & Leisure industry median of 56.53. MGM China Holdings' overall GF Score™ is 79/100 with 3 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 MGM China Holdings (MCHVF), the current Days Payable is 87.33 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 MGM China Holdings (MCHVF) Overvalued in 2026?

Based on GuruFocus' analysis, MGM China Holdings stock appears to be undervalued. The current stock price of $1.28 is trading 43.1% below its estimated GF Value™ of $2.25. GuruFocus considers MGM China Holdings to be Significantly Undervalued.

Key valuation signals for MCHVF:

  • Days Payable: 87.33 (46% below median its 10-year median of 161.36)
  • GF Value™: $2.25 vs. price of $1.28 (43.1% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 54.5% above the Travel & Leisure median (#267 of 778)

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


MGM China Holdings Business Description

Address Avenida Dr. Sun Yat Sen, Edificio MGM MACAU NAPE, Macao, MAC
MGM China is one of six casino license holders in Macao. It operates two integrated resorts: the MGM Macau in the Peninsula and MGM Cotai in Cotai. The company is allowed to operate 750 gaming tables during its new 10-year concession period of 2023-32.
79GF Score

Get the complete analysis for MCHVF

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

$1.28
Price
$2.25
GF Value