Redox (ASX:RDX) Days Payable : 40.94 (As of Dec. 2024)

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What is Redox Days Payable?

Redox's average Accounts Payable for the six months ended in Dec. 2024 was A$111 Mil. Redox's Cost of Goods Sold for the six months ended in Dec. 2024 was A$495 Mil. Hence, Redox's Days Payable for the six months ended in Dec. 2024 was 40.94.

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

ASX:RDX' s Days Payable Range Over the Past 10 Years
Min: 39.11 Med: 40.66 Max: 42.74
Current: 42.74

During the past 5 years, Redox's highest Days Payable was 42.74. The lowest was 39.11. And the median was 40.66.

ASX:RDX's Days Payable is ranked worse than
69.13% of 1526 companies
in the Chemicals industry
Industry Median: 61.24 vs ASX:RDX: 42.74

Redox's Days Payable increased from Dec. 2023 (40.46) to Dec. 2024 (40.94). It may suggest that Redox delayed paying its suppliers.

Redox Days Payable Historical Data

The historical data trend for Redox'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.

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Redox Days Payable Chart

Redox Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

Days Payable

41.16

40.11

41.44

39.11

40.66

Redox Semi-Annual Data
	Jun20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial				41.89	39.86	40.46	42.44	40.94

Competitive Comparison of Redox's Days Payable

For the Chemicals subindustry, Redox'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.

Redox's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Redox's Days Payable distribution charts can be found below:

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

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Redox 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.

Redox's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

	Days Payable (A: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2023 )	+	Accounts Payable (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (97.741	+	96.404)	/	2 )	/	871.403	*	365
=	97.0725					/	871.403	*	365
=	40.66

Redox's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (96.404	+	125.797)	/	2 )	/	495.288	*	365 / 2
=	111.1005					/	495.288	*	365 / 2
=	40.94

Redox Days Payable Related Terms

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Redox Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Redox Ltd (ASX:RDX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Swettenham Road, Minto, Sydney, NSW, AUS, 2566

Website

https://www.redox.com

Redox is a distributor of chemicals for a diverse range of industries within Australia and New Zealand, North America, and Southeast Asia. It is the largest player in the Australian market, with approximately 5% market share in a very fragmented market. In Southeast Asia and the US it is a smaller player, but with growth ambitions. Redox sources over 5,000 stock keeping units from over 1,000 domestic and global chemical producers. Its customers are from a diverse range of almost 200 industry sub-sectors. About half of annual sales are in the categories of human and animal health and nutrition, and crop production and protection. Other categories include industrial, surface coatings, plastics, rubber and foam, household and personal care, water care, and mining and explosives.

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