Gildan Activewear (MEX:GILN) Days Payable: 118.92 (As of Mar. 2026) — 70% Above Median


MEX:GILN Gildan Activewear Inc MEX:GILN
88 GF Score
Price MXN1,009.86
GF Value MXN1,177.79
! 5 Warning Signs
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What is Gildan Activewear Days Payable?

Gildan Activewear MEX:GILN 88 Days Payable is 118.92 as of Mar. 2026, which is 70% above its 10-year median of 70.10. GuruFocus rates MEX:GILN with a GF Score™ of 88/100 and a GF Value™ of MXN1,177.79. The stock has 5 warning signs investors should review. Among 1,019 Manufacturing - Apparel & Accessories companies, Gildan Activewear ranks better than 77.63% on this metric.

Gildan Activewear's average Accounts Payable for the three months ended in Mar. 2026 was MXN20,860 Mil. Gildan Activewear's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN16,006 Mil. Hence, Gildan Activewear's Days Payable for the three months ended in Mar. 2026 was 118.92.

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

MEX:GILN' s Days Payable Range Over the Past 10 Years
Min: 47.08   Med: 70.1   Max: 129.79
Current: 106.52

During the past 13 years, Gildan Activewear's highest Days Payable was 129.79. The lowest was 47.08. And the median was 70.10.

MEX:GILN's Days Payable is ranked better than
77.63% of 1019 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.13 vs MEX:GILN: 106.52

Gildan Activewear's Days Payable increased from Mar. 2025 (88.03) to Mar. 2026 (118.92). It may suggest that Gildan Activewear delayed paying its suppliers.


Gildan Activewear Days Payable Historical Data

* Premium members only.

The historical data trend for Gildan Activewear'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.

Gildan Activewear Days Payable Chart

Gildan Activewear 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 71.23 75.87 74.83 66.21 134.30

Gildan Activewear 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 88.03 70.18 88.42 110.74 118.92

MEX:GILN vs RL, LEVI, VFC: Days Payable Comparison

For the Apparel Manufacturing subindustry, Gildan Activewear'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.


Gildan Activewear Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Gildan Activewear's Days Payable falls into.


MEX:GILN
88GF Score
Gildan Activewear Inc MEX:GILN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Gildan Activewear 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.

Gildan Activewear'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
=( (10220.815 + 22762.986) / 2 ) / 44822.832*365
=16491.9005 / 44822.832*365
=134.30

Gildan Activewear'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
=( (22762.986 + 18956.299) / 2 ) / 16005.644*365 / 4
=20859.6425 / 16005.644*365 / 4
=118.92

* 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 118.92 mean?
Gildan Activewear (MEX:GILN) has a Days Payable of 118.92 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 Gildan Activewear and its competitors. This is 70% above median its historical median of 70.10. Over the past decade, Gildan Activewear's Days Payable has ranged from 47.08 to 129.79. According to the industry distribution chart, Gildan Activewear ranks #228 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 22.4%.
Is Gildan Activewear's Days Payable too high?
Gildan Activewear's current Days Payable of 118.92 is 70% above median its 10-year median of 70.10. Over the past 10 years, this metric has ranged from a low of 47.08 to a high of 129.79. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.13. Gildan Activewear's value of 118.92 is 119.7% above this industry median. Based on the distribution chart, Gildan Activewear ranks #228 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Gildan Activewear has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Gildan Activewear's Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Gildan Activewear ranks #228 out of 1019 companies for Days Payable. This places Gildan Activewear in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.13. Gildan Activewear's value of 118.92 is 119.7% above this benchmark. Historically, Gildan Activewear's own Days Payable has ranged from 47.08 to 129.79 over the past decade. While the company's 10-year median is 70.10 vs. the industry median of 54.13, Gildan Activewear 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 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. Gildan Activewear's current Days Payable of 118.92 is 119.7% 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 Gildan Activewear 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. Gildan Activewear's current Days Payable is 118.92, which is 70% above median its own 10-year median of 70.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gildan Activewear stock overvalued right now?
Gildan Activewear (MEX:GILN) has a current Days Payable of 118.92. The stock's GF Value™ is MXN1,177.79, compared to a current price of MXN1,009.86 — trading 14.3% below its estimated fair value. The current Days Payable is 118.92, which is 70% above median its 10-year median of 70.10 and 119.7% above the Manufacturing - Apparel & Accessories industry median of 54.13. Gildan Activewear's overall GF Score™ is 88/100 with 5 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 Gildan Activewear (MEX:GILN), the current Days Payable is 118.92 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.

Is Gildan Activewear (MEX:GILN) Overvalued in 2026?

Based on GuruFocus' analysis, Gildan Activewear stock appears to be undervalued. The current stock price of MXN1,009.86 is trading 14.3% below its estimated GF Value™ of MXN1,177.79.

Key valuation signals for MEX:GILN:

  • Days Payable: 118.92 (70% above median its 10-year median of 70.10)
  • GF Value™: MXN1,177.79 vs. price of MXN1,009.86 (14.3% below fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 119.7% above the Manufacturing - Apparel & Accessories median (#228 of 1019)

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


Gildan Activewear Business Description

Address 600 de Maisonneuve Boulevard West, 33rd Floor, Suite 3300, Montreal, QC, CAN, H3A 3J2
Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. It is a leader in blank T-shirts, sweatshirts, and other apparel to wholesalers, major clothing brands, and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels, a business that has been greatly enhanced by the Hanesbrands acquisition. Gildan's brands include Hanes, Bali, Maidenform, Playtex, Gildan, American Apparel, Comfort Colors, and Goldtoe. Gildan produces most of its clothing at factories in Latin America but has been ramping up production at its new facility in Bangladesh. Incorporated in 1984, the Montreal-based company operates internationally but generated 90% of its sales in the US in 2025.
88GF Score

Get the complete analysis for MEX:GILN

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

MXN1,009.86
Price
MXN1,177.79
GF Value