GLGLF (GLG Life Tech) Days Payable: 965.59 (As of Mar. 2026) — 282% Above Median


What is GLG Life Tech Days Payable?

GLG Life Tech GLGLF -90.00% Days Payable is 965.59 as of Mar. 2026, which is 282% above its 10-year median of 252.68. The stock has 11 warning signs investors should review.

GLG Life Tech's average Accounts Payable for the three months ended in Mar. 2026 was $15.72 Mil. GLG Life Tech's Cost of Goods Sold for the three months ended in Mar. 2026 was $1.49 Mil. Hence, GLG Life Tech's Days Payable for the three months ended in Mar. 2026 was 965.59.

The historical rank and industry rank for GLG Life Tech's Days Payable or its related term are showing as below:

GLGLF' s Days Payable Range Over the Past 10 Years
Min: 84.66   Med: 252.68   Max: 969.89
Current: 969.89

During the past 13 years, GLG Life Tech's highest Days Payable was 969.89. The lowest was 84.66. And the median was 252.68.

GLGLF's Days Payable is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 43.885 vs GLGLF: 969.89

GLG Life Tech's Days Payable increased from Mar. 2025 (755.73) to Mar. 2026 (965.59). It may suggest that GLG Life Tech delayed paying its suppliers.


GLG Life Tech Days Payable Historical Data

* Premium members only.

The historical data trend for GLG Life Tech'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.

GLG Life Tech Days Payable Chart

GLG Life Tech 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 214.92 300.44 477.24 651.26 880.41

GLG Life Tech 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 755.73 796.26 1,056.90 1,051.31 965.59

GLGLF vs ADM, TSN, BG: Days Payable Comparison

For the Farm Products subindustry, GLG Life Tech'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 Life Tech Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, GLG Life Tech's Days Payable distribution charts can be found below:

* The bar in red indicates where GLG Life Tech's Days Payable falls into.



GLG Life Tech 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.

GLG Life Tech'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
=( (15.579 + 15.199) / 2 ) / 6.38*365
=15.389 / 6.38*365
=880.41

GLG Life Tech'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
=( (15.199 + 16.25) / 2 ) / 1.486*365 / 4
=15.7245 / 1.486*365 / 4
=965.59

* 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 965.59 mean?
GLG Life Tech (GLGLF) has a Days Payable of 965.59 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 GLG Life Tech and its competitors. This is 282% above median its historical median of 252.68. Over the past decade, GLG Life Tech's Days Payable has ranged from 84.66 to 969.89.
Is GLG Life Tech's Days Payable too high?
GLG Life Tech's current Days Payable of 965.59 is 282% above median its 10-year median of 252.68. Over the past 10 years, this metric has ranged from a low of 84.66 to a high of 969.89. The Consumer Packaged Goods industry median Days Payable is 43.89. GLG Life Tech's value of 965.59 is 2100.3% above this industry median.
How does GLG Life Tech's Days Payable compare to ADM and TSN?
GLG Life Tech's Days Payable of 965.59 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 43.89. GLG Life Tech's value of 965.59 is 2100.3% above this benchmark. Historically, GLG Life Tech's own Days Payable has ranged from 84.66 to 969.89 over the past decade. While the company's 10-year median is 252.68 vs. the industry median of 43.89, GLG Life Tech 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 43.89, based on 1,884 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 Life Tech's current Days Payable of 965.59 is 2100.3% 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 GLG Life Tech and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 43.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GLG Life Tech's current Days Payable is 965.59, which is 282% above median its own 10-year median of 252.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GLG Life Tech stock overvalued right now?
GLG Life Tech (GLGLF) has a current Days Payable of 965.59. The current Days Payable is 965.59, which is 282% above median its 10-year median of 252.68 and 2100.3% above the Consumer Packaged Goods industry median of 43.89. 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 Life Tech (GLGLF), the current Days Payable is 965.59 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.

GLG Life Tech Business Description

Address 13071 Vanier Place, Suite 220, Richmond, BC, CAN, V6V 2J1
GLG Life Tech Corp is a supplier of stevia extract, an all-natural sweetener extracted from the stevia plant, and monk fruit extract, an all-natural sweetener extracted from monk fruit (also known as luo han guo). The company specializes in the research and development and, through its long-term contractual relationship with a Chinese firm, produces these extracts for distribution to the food and beverage industry globally. Furthermore, it has expanded its product offerings through the supply of ingredients complementary to the natural high-intensity sweetener market under its Naturals+ product line. GLG has only one reportable segment: the Natural Sweeteners Products segment. Geographically, the company generates maximum revenue from North America and the rest from other markets.