Gilston Group (HKSE:02011) Days Payable: 25.78 (As of Dec. 2025) — Near Median

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HKSE:02011 Gilston Group Ltd HKSE:02011
70 GF Score
Price HK$1.35
GF Value HK$1.94
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Gilston Group Days Payable?

Gilston Group HKSE:02011 70 Days Payable is 25.78 as of Dec. 2025, which is 5% above its 10-year median of 24.44. GuruFocus rates HKSE:02011 with a GF Score™ of 70/100 and a GF Value™ of HK$1.94 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,018 Manufacturing - Apparel & Accessories companies, Gilston Group ranks worse than 81.63% on this metric.

Gilston Group's average Accounts Payable for the six months ended in Dec. 2025 was HK$11.1 Mil. Gilston Group's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$78.9 Mil. Hence, Gilston Group's Days Payable for the six months ended in Dec. 2025 was 25.78.

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

HKSE:02011' s Days Payable Range Over the Past 10 Years
Min: 17.2   Med: 24.44   Max: 93.31
Current: 24.56

During the past 13 years, Gilston Group's highest Days Payable was 93.31. The lowest was 17.20. And the median was 24.44.

HKSE:02011's Days Payable is ranked worse than
81.63% of 1018 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.18 vs HKSE:02011: 24.56

Gilston Group's Days Payable declined from Dec. 2024 (31.58) to Dec. 2025 (25.78). It may suggest that Gilston Group accelerated paying its suppliers.


Gilston Group Days Payable Historical Data

* Premium members only.

The historical data trend for Gilston Group'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.

Gilston Group Days Payable Chart

Gilston Group 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 22.25 23.13 22.96 28.74 17.20

Gilston Group 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 29.79 37.06 31.58 30.29 25.78

HKSE:02011 vs RL, LEVI, VFC: Days Payable Comparison

For the Apparel Manufacturing subindustry, Gilston Group'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.


Gilston Group Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gilston Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Gilston Group's Days Payable falls into.


HKSE:02011
70GF Score
Gilston Group Ltd HKSE:02011
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gilston Group 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.

Gilston Group'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
=( (12.869 + 3.545) / 2 ) / 174.18*365
=8.207 / 174.18*365
=17.20

Gilston Group'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
=( (18.751 + 3.545) / 2 ) / 78.914*365 / 2
=11.148 / 78.914*365 / 2
=25.78

* 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 25.78 mean?
Gilston Group (HKSE:02011) has a Days Payable of 25.78 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 Gilston Group and its competitors. This is near median its historical median of 24.44. Over the past decade, Gilston Group's Days Payable has ranged from 17.20 to 93.31. According to the industry distribution chart, Gilston Group ranks #831 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 81.6%.
Is Gilston Group's Days Payable too high?
Gilston Group's current Days Payable of 25.78 is near median its 10-year median of 24.44. Over the past 10 years, this metric has ranged from a low of 17.20 to a high of 93.31. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.18. Gilston Group's value of 25.78 is 52.4% below this industry median. Based on the distribution chart, Gilston Group ranks #831 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Gilston Group has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gilston Group's Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Gilston Group ranks #831 out of 1018 companies for Days Payable. This places Gilston Group in the lower half of its industry. The industry median Days Payable is 54.18. Gilston Group's value of 25.78 is 52.4% below this benchmark. Historically, Gilston Group's own Days Payable has ranged from 17.20 to 93.31 over the past decade. While the company's 10-year median is 24.44 vs. the industry median of 54.18, Gilston Group 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 54.18, based on 1,018 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. Gilston Group's current Days Payable of 25.78 is 52.4% 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 Gilston Group and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gilston Group's current Days Payable is 25.78, which is near median its own 10-year median of 24.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gilston Group stock overvalued right now?
Based on GuruFocus' analysis, Gilston Group (HKSE:02011) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$1.94, compared to a current price of HK$1.35 — trading 30.4% below its estimated fair value. The current Days Payable is 25.78, which is near median its 10-year median of 24.44 and 52.4% below the Manufacturing - Apparel & Accessories industry median of 54.18. Gilston Group's overall GF Score™ is 70/100 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 Gilston Group (HKSE:02011), the current Days Payable is 25.78 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 Gilston Group (HKSE:02011) Overvalued in 2026?

Based on GuruFocus' analysis, Gilston Group stock appears to be undervalued. The current stock price of HK$1.35 is trading 30.4% below its estimated GF Value™ of HK$1.94. GuruFocus considers Gilston Group to be Significantly Undervalued.

Key valuation signals for HKSE:02011:

  • Days Payable: 25.78 (near median its 10-year median of 24.44)
  • GF Value™: HK$1.94 vs. price of HK$1.35 (30.4% below fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 52.4% below the Manufacturing - Apparel & Accessories median (#831 of 1018)

No single metric tells the full story. See the HKSE:02011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gilston Group Business Description

Address Nine Queen’s Road Central, Suite 10A and 10B, 15th Floor, Central, Hong Kong, HKG
Gilston Group Ltd specializes in zipper design, development, production and sale. It is providing high-quality zipper products and zipper-based overall solutions for customers. The company operates in two reportable segments: Manufacture and Sales of Zippers, and Property Investment and Provision of Property Management Services. The company generates the majority of its revenue from the Manufacture and Sales of the Zippers segment. Geographically, Mainland China contributes the majority of company's revenue.
70GF Score

Get the complete analysis for HKSE:02011

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

HK$1.35
Price
HK$1.94
GF Value