Cathay Pacific Airways (HAM:CTY) Receivables Turnover: 12.23 (As of Dec. 2025)

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HAM:CTY Cathay Pacific Airways Ltd HAM:CTY
80 GF Score
Price €1.44
GF Value €1.45
! 4 Warning Signs
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What is Cathay Pacific Airways Receivables Turnover?

Cathay Pacific Airways HAM:CTY -1.13% 80 Receivables Turnover is 12.23 as of Dec. 2025. GuruFocus rates HAM:CTY with a GF Score™ of 80/100 and a GF Value™ of €1.45. The stock has 4 warning signs investors should review. Among 999 Transportation companies, Cathay Pacific Airways ranks better than 86.79% on this metric.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Cathay Pacific Airways's Revenue for the six months ended in Dec. 2025 was €6,855 Mil. Cathay Pacific Airways's average Accounts Receivable for the six months ended in Dec. 2025 was €561 Mil. Hence, Cathay Pacific Airways's Receivables Turnover for the six months ended in Dec. 2025 was 12.23.


Cathay Pacific Airways  (HAM:CTY) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Cathay Pacific Airways Receivables Turnover Related Terms


Cathay Pacific Airways Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Cathay Pacific Airways's Receivables Turnover 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.

Cathay Pacific Airways Receivables Turnover Chart

Cathay Pacific Airways Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.96 8.67 22.33 23.55 22.19

Cathay Pacific Airways Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Receivables Turnover 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 12.23 11.01 11.75 10.63 12.23

HAM:CTY vs DAL, UAL, LUV: Receivables Turnover Comparison

For the Airlines subindustry, Cathay Pacific Airways's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.


Cathay Pacific Airways Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Cathay Pacific Airways's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Cathay Pacific Airways's Receivables Turnover falls into.


HAM:CTY
80GF Score
Cathay Pacific Airways Ltd HAM:CTY
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Cathay Pacific Airways Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Cathay Pacific Airways's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=12815.927 / ((581.226 + 573.811) / 2 )
=12815.927 / 577.5185
=22.19

Cathay Pacific Airways's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Jun. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=6855.115 / ((547.467 + 573.811) / 2 )
=6855.115 / 560.639
=12.23

* 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 Receivables Turnover →
What does a Receivables Turnover of 12.23 mean?
Cathay Pacific Airways (HAM:CTY) has a Receivables Turnover of 12.23 as of Dec. 2025. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Cathay Pacific Airways and its competitors. According to the industry distribution chart, Cathay Pacific Airways ranks #132 out of 999 companies in the Transportation industry, placing it in the top 13.2%.
Is Cathay Pacific Airways' Receivables Turnover too high?
Cathay Pacific Airways' current Receivables Turnover is 12.23. The Transportation industry median Receivables Turnover is 7.73. Cathay Pacific Airways' value of 12.23 is 58.2% above this industry median. Based on the distribution chart, Cathay Pacific Airways ranks #132 out of 999 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Cathay Pacific Airways has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Cathay Pacific Airways' Receivables Turnover compare to DAL and UAL?
According to the Transportation industry distribution chart, Cathay Pacific Airways ranks #132 out of 999 companies for Receivables Turnover. This places Cathay Pacific Airways in the top 13% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.73. Cathay Pacific Airways' value of 12.23 is 58.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Transportation company?
The median Receivables Turnover among Transportation companies is 7.73, based on 999 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cathay Pacific Airways's current Receivables Turnover of 12.23 is 58.2% 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Cathay Pacific Airways and its competitors. For the Transportation industry, the median Receivables Turnover is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cathay Pacific Airways's current Receivables Turnover is 12.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cathay Pacific Airways stock overvalued right now?
Cathay Pacific Airways (HAM:CTY) has a current Receivables Turnover of 12.23. The stock's GF Value™ is €1.45, compared to a current price of €1.44 — trading 0.8% below its estimated fair value. The current Receivables Turnover is 12.23 and 58.2% above the Transportation industry median of 7.73. Cathay Pacific Airways' overall GF Score™ is 80/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Cathay Pacific Airways (HAM:CTY), the current Receivables Turnover is 12.23 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 Cathay Pacific Airways (HAM:CTY) Overvalued in 2026?

Based on GuruFocus' analysis, Cathay Pacific Airways stock appears to be undervalued. The current stock price of €1.44 is trading 0.8% below its estimated GF Value™ of €1.45.

Key valuation signals for HAM:CTY:

  • Receivables Turnover: 12.23
  • GF Value™: €1.45 vs. price of €1.44 (0.8% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 58.2% above the Transportation median (#132 of 999)

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


Cathay Pacific Airways Business Description

Address 88 Queensway, 33rd Floor, One Pacific Place, Hong Kong, HKG
Cathay Pacific is Hong Kong's largest airline group, operating a fleet of 237 aircraft as of December 2025 and serving over 100 destinations globally. As of March 2026, its largest shareholders remain Swire Pacific and Air China, with stakes of 45% and 29%, respectively. The group operates the full-service carrier Cathay Pacific, low-cost carrier HK Express, and cargo operator Air Hong Kong.
80GF Score

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

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€1.45
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