NRW Holdings (ASX:NWH) Days Payable: 111.17 (As of Dec. 2025) — 64% Above Median


ASX:NWH NRW Holdings Ltd ASX:NWH
76 GF Score
Price A$7.25
GF Value A$4.41
Valuation Significantly Overvalued
! 8 Warning Signs
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What is NRW Holdings Days Payable?

NRW Holdings ASX:NWH 76 Days Payable is 111.17 as of Dec. 2025, which is 64% above its 10-year median of 67.70. GuruFocus rates ASX:NWH with a GF Score™ of 76/100 and a GF Value™ of A$4.41 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 506 Conglomerates companies, NRW Holdings ranks better than 78.06% on this metric.

NRW Holdings's average Accounts Payable for the six months ended in Dec. 2025 was A$458 Mil. NRW Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was A$752 Mil. Hence, NRW Holdings's Days Payable for the six months ended in Dec. 2025 was 111.17.

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

ASX:NWH' s Days Payable Range Over the Past 10 Years
Min: 53.05   Med: 67.7   Max: 118.16
Current: 111.33

During the past 13 years, NRW Holdings's highest Days Payable was 118.16. The lowest was 53.05. And the median was 67.70.

ASX:NWH's Days Payable is ranked better than
78.06% of 506 companies
in the Conglomerates industry
Industry Median: 55.855 vs ASX:NWH: 111.33

NRW Holdings's Days Payable increased from Dec. 2024 (84.67) to Dec. 2025 (111.17). It may suggest that NRW Holdings delayed paying its suppliers.


NRW Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for NRW Holdings'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.

NRW Holdings Days Payable Chart

NRW Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.86 68.22 75.22 69.21 62.11

NRW Holdings 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 86.11 79.42 84.67 88.28 111.17

ASX:NWH vs HON, MMM: Days Payable Comparison

For the Conglomerates subindustry, NRW Holdings'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.


NRW Holdings Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, NRW Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where NRW Holdings's Days Payable falls into.


ASX:NWH
76GF Score
NRW Holdings Ltd ASX:NWH
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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NRW Holdings 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.

NRW Holdings's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (233.56 + 266.847) / 2 ) / 1470.346*365
=250.2035 / 1470.346*365
=62.11

NRW Holdings'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
=( (266.847 + 649.946) / 2 ) / 752.498*365 / 2
=458.3965 / 752.498*365 / 2
=111.17

* 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 111.17 mean?
NRW Holdings (ASX:NWH) has a Days Payable of 111.17 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 NRW Holdings and its competitors. This is 64% above median its historical median of 67.70. Over the past decade, NRW Holdings' Days Payable has ranged from 53.05 to 118.16. According to the industry distribution chart, NRW Holdings ranks #111 out of 506 companies in the Conglomerates industry, placing it in the top 21.9%.
Is NRW Holdings' Days Payable too high?
NRW Holdings' current Days Payable of 111.17 is 64% above median its 10-year median of 67.70. Over the past 10 years, this metric has ranged from a low of 53.05 to a high of 118.16. The Conglomerates industry median Days Payable is 55.86. NRW Holdings' value of 111.17 is 99% above this industry median. Based on the distribution chart, NRW Holdings ranks #111 out of 506 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, NRW Holdings has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NRW Holdings' Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, NRW Holdings ranks #111 out of 506 companies for Days Payable. This places NRW Holdings in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 55.86. NRW Holdings' value of 111.17 is 99% above this benchmark. Historically, NRW Holdings' own Days Payable has ranged from 53.05 to 118.16 over the past decade. While the company's 10-year median is 67.70 vs. the industry median of 55.86, NRW Holdings 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 55.86, based on 506 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. NRW Holdings's current Days Payable of 111.17 is 99% 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 NRW Holdings and its competitors. For the Conglomerates industry, the median Days Payable is 55.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NRW Holdings's current Days Payable is 111.17, which is 64% above median its own 10-year median of 67.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NRW Holdings stock overvalued right now?
Based on GuruFocus' analysis, NRW Holdings (ASX:NWH) is currently considered Significantly Overvalued. The stock's GF Value™ is A$4.41, compared to a current price of A$7.25 — trading 64.4% above its estimated fair value. The current Days Payable is 111.17, which is 64% above median its 10-year median of 67.70 and 99% above the Conglomerates industry median of 55.86. NRW Holdings' overall GF Score™ is 76/100 with 8 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 NRW Holdings (ASX:NWH), the current Days Payable is 111.17 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 NRW Holdings (ASX:NWH) Overvalued in 2026?

Based on GuruFocus' analysis, NRW Holdings stock appears to be overvalued. The current stock price of A$7.25 is trading 64.4% above its estimated GF Value™ of A$4.41. GuruFocus considers NRW Holdings to be Significantly Overvalued.

Key valuation signals for ASX:NWH:

  • Days Payable: 111.17 (64% above median its 10-year median of 67.70)
  • GF Value™: A$4.41 vs. price of A$7.25 (64.4% above fair value)
  • GF Score™: 76/100 with 8 warning signs
  • Industry Position: 99% above the Conglomerates median (#111 of 506)

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


NRW Holdings Business Description

Other Exchanges 3NR:Germany
Address 181 Great Eastern Highway, Belmont, Perth, WA, AUS, 6104
NRW Holdings Ltd is a provider of diversified contract services to the resources and infrastructure sectors. The company's operating segment includes Civil; Mining and Minerals, Energy & Technologies. It generates maximum revenue from the Mining segment. The Mining business specialises in mine management, contract mining, load and haul, dragline operations, drill and blast, coal handling prep plants, maintenance services, and the fabrication of water and service vehicles.
76GF Score

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

A$7.25
Price
A$4.41
GF Value