JL (J-Long Group) Days Payable: 21.50 (As of Sep. 2025) — 47% Below Median


JL J-Long Group Ltd JL
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Price $5.55
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What is J-Long Group Days Payable?

J-Long Group JL -2.80% 24 Days Payable is 21.50 as of Sep. 2025, which is 47% below its 10-year median of 40.86. GuruFocus rates JL with a GF Score™ of 24/100. Among 1,019 Manufacturing - Apparel & Accessories companies, J-Long Group ranks worse than 83.91% on this metric.

J-Long Group's average Accounts Payable for the six months ended in Sep. 2025 was $1.84 Mil. J-Long Group's Cost of Goods Sold for the six months ended in Sep. 2025 was $15.62 Mil. Hence, J-Long Group's Days Payable for the six months ended in Sep. 2025 was 21.50.

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

JL' s Days Payable Range Over the Past 10 Years
Min: 21.8   Med: 40.86   Max: 60.66
Current: 22.47

During the past 5 years, J-Long Group's highest Days Payable was 60.66. The lowest was 21.80. And the median was 40.86.

JL's Days Payable is ranked worse than
83.91% of 1019 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.13 vs JL: 22.47

J-Long Group's Days Payable increased from Sep. 2024 (21.02) to Sep. 2025 (21.50). It may suggest that J-Long Group delayed paying its suppliers.


J-Long Group Days Payable Historical Data

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The historical data trend for J-Long 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.

J-Long Group Days Payable Chart

J-Long Group Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
60.66 40.86 40.97 35.65 21.80

J-Long Group Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Days Payable Get a 7-Day Free Trial Premium Member Only 51.92 37.59 21.02 24.42 21.50

JL vs NCI, XELB, PMNT: Days Payable Comparison

For the Apparel Manufacturing subindustry, J-Long 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.


J-Long Group Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where J-Long Group's Days Payable falls into.


JL
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J-Long Group Ltd JL
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J-Long 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.

J-Long Group's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (1.359 + 1.964) / 2 ) / 27.818*365
=1.6615 / 27.818*365
=21.80

J-Long Group's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (1.964 + 1.716) / 2 ) / 15.621*365 / 2
=1.84 / 15.621*365 / 2
=21.50

* 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 21.50 mean?
J-Long Group (JL) has a Days Payable of 21.50 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on J-Long Group and its competitors. This is 47% below median its historical median of 40.86. Over the past decade, J-Long Group's Days Payable has ranged from 21.80 to 60.66. According to the industry distribution chart, J-Long Group ranks #855 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 83.9%.
Is J-Long Group's Days Payable too high?
J-Long Group's current Days Payable of 21.50 is 47% below median its 10-year median of 40.86. Over the past 10 years, this metric has ranged from a low of 21.80 to a high of 60.66. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.13. J-Long Group's value of 21.50 is 60.3% below this industry median. Based on the distribution chart, J-Long Group ranks #855 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, J-Long Group has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does J-Long Group's Days Payable compare to NCI and XELB?
According to the Manufacturing - Apparel & Accessories industry distribution chart, J-Long Group ranks #855 out of 1019 companies for Days Payable. This places J-Long Group in the lower half of its industry. The industry median Days Payable is 54.13. J-Long Group's value of 21.50 is 60.3% below this benchmark. Historically, J-Long Group's own Days Payable has ranged from 21.80 to 60.66 over the past decade. While the company's 10-year median is 40.86 vs. the industry median of 54.13, J-Long 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 54.13, 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. J-Long Group's current Days Payable of 21.50 is 60.3% 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 J-Long Group 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. J-Long Group's current Days Payable is 21.50, which is 47% below median its own 10-year median of 40.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is J-Long Group stock overvalued right now?
J-Long Group (JL) has a current Days Payable of 21.50. The current Days Payable is 21.50, which is 47% below median its 10-year median of 40.86 and 60.3% below the Manufacturing - Apparel & Accessories industry median of 54.13. J-Long Group's overall GF Score™ is 24/100. 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 J-Long Group (JL), the current Days Payable is 21.50 as of Sep. 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.

J-Long Group Business Description

Address 32-40 Wang Lung Street, Flat F, 8th Floor, Houston Industrial Building, Tsuen Wan New Territories, Hong Kong, HKG
J-Long Group Ltd is an established distributor in Hong Kong of reflective and non-reflective garment trims including, among others, heat transfers, fabrics, woven labels and tapes, sewing badges, piping, zipper pullers and drawcords. It also offers a wide range of apparel solution services to cater to its customers' needs for reflective and non-reflective garment trims, ranging from market trend analysis, product design and development and production to quality control. The company operates in Asia (excluding other than Hong Kong and China), Hong Kong, China, and Others (Non-Asian).
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