GLGASX:GLE 49 Days Payable is 32.80 as of Dec. 2025, which is 21% above its 10-year median of 27.11. GuruFocus rates ASX:GLE with a GF Score™ of 49/100 and a GF Value™ of A$0.13 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,019 Manufacturing - Apparel & Accessories companies, GLG ranks worse than 66.05% on this metric.
GLG's average Accounts Payable for the
six
months ended in Dec. 2025 was A$11.9 Mil. GLG's Cost of Goods Sold for the
six
months ended in Dec. 2025 was A$66.1 Mil.
Hence, GLG's Days Payable for the
six
months ended in Dec. 2025 was 32.80.
The historical rank and industry rank for GLG's Days Payable or its related term are showing as below:
ASX:GLE'
s Days Payable Range Over the Past 10 Years
Min: 0.8 Med: 27.11 Max: 38.02
Current: 38.02
During the past 13 years, GLG's highest Days Payable was 38.02. The lowest was 0.80. And the median was 27.11.
GLG's Days Payable
increased
from Dec. 2024 (25.38) to Dec. 2025 (32.80).
It may suggest that GLGdelayed paying its suppliers.
GLG Days Payable Related Terms
GLG Days Payable Historical Data
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The historical data trend for GLG'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.
For the Apparel Manufacturing subindustry, GLG'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.
GLG Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, GLG's Days Payable distribution charts can be found below:
* The bar in red indicates where GLG's Days Payable falls into.
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.
GLG's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as
* 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.
GLG (ASX:GLE) has a Days Payable of 32.80 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 GLG and its competitors. This is 21% above median its historical median of 27.11. Over the past decade, GLG's Days Payable has ranged from 0.80 to 38.02. According to the industry distribution chart, GLG ranks #673 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 66%.
Is GLG's Days Payable too high?
GLG's current Days Payable of 32.80 is 21% above median its 10-year median of 27.11. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 38.02. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.13. GLG's value of 32.80 is 39.4% below this industry median. Based on the distribution chart, GLG ranks #673 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, GLG has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GLG's Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, GLG ranks #673 out of 1019 companies for Days Payable. This places GLG in the lower half of its industry. The industry median Days Payable is 54.13. GLG's value of 32.80 is 39.4% below this benchmark. Historically, GLG's own Days Payable has ranged from 0.80 to 38.02 over the past decade. While the company's 10-year median is 27.11 vs. the industry median of 54.13, GLG 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.13, based on 1,019 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. GLG's current Days Payable of 32.80 is 39.4% 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 GLG and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GLG's current Days Payable is 32.80, which is 21% above median its own 10-year median of 27.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GLG stock overvalued right now?
Based on GuruFocus' analysis, GLG (ASX:GLE) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.13, compared to a current price of A$0.16 — trading 19.2% above its estimated fair value. The current Days Payable is 32.80, which is 21% above median its 10-year median of 27.11 and 39.4% below the Manufacturing - Apparel & Accessories industry median of 54.13. GLG's overall GF Score™ is 49/100 with 6 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 GLG (ASX:GLE), the current Days Payable is 32.80 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 GLG (ASX:GLE) Overvalued in 2026?
Based on GuruFocus' analysis, GLG stock appears to be overvalued.
The current stock price of A$0.16 is trading 19.2% above its estimated GF Value™ of A$0.13.
GuruFocus considers GLG to be Modestly Overvalued.
Key valuation signals for ASX:GLE:
Days Payable: 32.80 (21% above median its 10-year median of 27.11)
GF Value™: A$0.13 vs. price of A$0.16 (19.2% above fair value)
Industry Position: 39.4% below the Manufacturing - Apparel & Accessories median (#673 of 1019)
No single metric tells the full story. See the ASX:GLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GLG Corp Ltd is a supplier of knitwear, apparel, garments, accessories, and supply chain management operations. The company's operating segments are fabric, which manufactures and wholesales fabric; and garments, which is engaged in the manufacturing and wholesaling of garments. The garment segment contributes the majority of revenue. The products offered by the group include ready-to-wear, casual active, sleepwear, menswear, and childrenswear.
49GF Score
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