China Airlines (TPE:2610) Days Payable: 3.07 (As of Mar. 2026) — 29% Below Median

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TPE:2610 China Airlines Ltd TPE:2610
37 GF Score
Price NT$20.60
! 5 Warning Signs
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What is China Airlines Days Payable?

China Airlines TPE:2610 -3.51% 37 Days Payable is 3.07 as of Mar. 2026, which is 29% below its 10-year median of 4.31. GuruFocus rates TPE:2610 with a GF Score™ of 37/100. The stock has 5 warning signs investors should review. Among 968 Transportation companies, China Airlines ranks worse than 97.52% on this metric.

China Airlines's average Accounts Payable for the three months ended in Mar. 2026 was NT$1,525 Mil. China Airlines's Cost of Goods Sold for the three months ended in Mar. 2026 was NT$45,256 Mil. Hence, China Airlines's Days Payable for the three months ended in Mar. 2026 was 3.07.

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

TPE:2610' s Days Payable Range Over the Past 10 Years
Min: 3.4   Med: 4.31   Max: 6.12
Current: 5.3

During the past 13 years, China Airlines's highest Days Payable was 6.12. The lowest was 3.40. And the median was 4.31.

TPE:2610's Days Payable is ranked worse than
97.52% of 968 companies
in the Transportation industry
Industry Median: 38.62 vs TPE:2610: 5.30

China Airlines's Days Payable declined from Mar. 2025 (4.92) to Mar. 2026 (3.07). It may suggest that China Airlines accelerated paying its suppliers.


China Airlines Days Payable Historical Data

* Premium members only.

The historical data trend for China Airlines'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.

China Airlines Days Payable Chart

China Airlines 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 4.31 3.83 4.23 4.86 0.00

China Airlines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.92 4.89 4.46 0.00 3.07

TPE:2610 vs DAL, UAL, LUV: Days Payable Comparison

For the Airlines subindustry, China Airlines'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.


China Airlines Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, China Airlines's Days Payable distribution charts can be found below:

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


TPE:2610
37GF Score
China Airlines Ltd TPE:2610
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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China Airlines 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.

China Airlines'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
=( (2465.378 + 2152.274) / 2 ) / 0*365
=2308.826 / 0*365
=N/A

China Airlines's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (2152.274 + 897.448) / 2 ) / 45256.107*365 / 4
=1524.861 / 45256.107*365 / 4
=3.07

* 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 3.07 mean?
China Airlines (TPE:2610) has a Days Payable of 3.07 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on China Airlines and its competitors. This is 29% below median its historical median of 4.31. Over the past decade, China Airlines' Days Payable has ranged from 3.40 to 6.12. According to the industry distribution chart, China Airlines ranks #944 out of 968 companies in the Transportation industry, placing it in the top 97.5%.
Is China Airlines' Days Payable too high?
China Airlines' current Days Payable of 3.07 is 29% below median its 10-year median of 4.31. Over the past 10 years, this metric has ranged from a low of 3.40 to a high of 6.12. The Transportation industry median Days Payable is 38.62. China Airlines' value of 3.07 is 92.1% below this industry median. Based on the distribution chart, China Airlines ranks #944 out of 968 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, China Airlines has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does China Airlines' Days Payable compare to DAL and UAL?
According to the Transportation industry distribution chart, China Airlines ranks #944 out of 968 companies for Days Payable. This places China Airlines in the lower half of its industry. The industry median Days Payable is 38.62. China Airlines' value of 3.07 is 92.1% below this benchmark. Historically, China Airlines' own Days Payable has ranged from 3.40 to 6.12 over the past decade. While the company's 10-year median is 4.31 vs. the industry median of 38.62, China Airlines 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 38.62, based on 968 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. China Airlines's current Days Payable of 3.07 is 92.1% 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 China Airlines and its competitors. For the Transportation industry, the median Days Payable is 38.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Airlines's current Days Payable is 3.07, which is 29% below median its own 10-year median of 4.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Airlines stock overvalued right now?
China Airlines (TPE:2610) has a current Days Payable of 3.07. The current Days Payable is 3.07, which is 29% below median its 10-year median of 4.31 and 92.1% below the Transportation industry median of 38.62. China Airlines' overall GF Score™ is 37/100 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 China Airlines (TPE:2610), the current Days Payable is 3.07 as of Mar. 2026. 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.

China Airlines Business Description

Address No. 1, Hangzhan South Road, Dayuan District, Taoyuan, TWN
China Airlines Ltd provides air transportation services. The company is composed of its flight and non-flight segments. The flight segment is the core business of the firm and offers transport services primarily for passengers and cargo. A vast proportion of the companies revenue is generated from transporting passengers in its flight operating unit. The non-flight segment provides various services such as mail and ground solutions, data processing services to other airlines, aircraft maintenance, and aircraft leasing. It engages in air transportation services for passengers, cargo and others. The company's geographical segments include America, Northeast Asia, Southeast Asia, Europe, Australia, China, and Domestic.
37GF Score

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