RemSense Technologies (ASX:REM) Days Payable: 38.49 (As of Jun. 2026) — 62% Below Median

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What is RemSense Technologies Days Payable?

RemSense Technologies ASX:REM -3.70% Days Payable is 38.49 as of Jun. 2026, which is 62% below its 10-year median of 102.13. The stock has 3 warning signs investors should review. Among 2,610 Software companies, RemSense Technologies ranks better than 93.64% on this metric.

RemSense Technologies's average Accounts Payable for the six months ended in Jun. 2026 was A$0.27 Mil. RemSense Technologies's Cost of Goods Sold for the six months ended in Jun. 2026 was A$1.30 Mil. Hence, RemSense Technologies's Days Payable for the six months ended in Jun. 2026 was 38.49.

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

ASX:REM' s Days Payable Range Over the Past 10 Years
Min: 35.18   Med: 102.13   Max: 544.99
Current: 544.99

During the past 5 years, RemSense Technologies's highest Days Payable was 544.99. The lowest was 35.18. And the median was 102.13.

ASX:REM's Days Payable is ranked better than
93.64% of 2610 companies
in the Software industry
Industry Median: 51.36 vs ASX:REM: 544.99

RemSense Technologies's Days Payable increased from Jun. 2025 (34.42) to Jun. 2026 (38.49). It may suggest that RemSense Technologies delayed paying its suppliers.


RemSense Technologies Days Payable Historical Data

* Premium members only.

The historical data trend for RemSense Technologies'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.

RemSense Technologies Days Payable Chart

RemSense Technologies Annual Data
Trend Jun22 Jun23 Jun24 Jun25 Jun26
Days Payable
28.99 39.52 22.93 12.94 17.43

RemSense Technologies Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.51 31.36 34.42 42.51 38.49

ASX:REM vs IBM, ACN, CTSH: Days Payable Comparison

For the Information Technology Services subindustry, RemSense Technologies'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.


RemSense Technologies Days Payable vs Software Industry

For the Software industry and Technology sector, RemSense Technologies's Days Payable distribution charts can be found below:

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



RemSense Technologies 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.

RemSense Technologies's Days Payable for the fiscal year that ended in Jun. 2026 is calculated as

Days Payable (A: Jun. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2025 ) + Accounts Payable (A: Jun. 2026 )) / count ) / Cost of Goods Sold (A: Jun. 2026 )*Days in Period
=( (0.103191 + 0.09645) / 2 ) / 2.089846*365
=0.0998205 / 2.089846*365
=17.43

RemSense Technologies's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (0.343036 + 0.204895) / 2 ) / 1.298907*365 / 2
=0.2739655 / 1.298907*365 / 2
=38.49

* 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 38.49 mean?
RemSense Technologies (ASX:REM) has a Days Payable of 38.49 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on RemSense Technologies and its competitors. This is 62% below median its historical median of 102.13. Over the past decade, RemSense Technologies' Days Payable has ranged from 35.18 to 544.99. According to the industry distribution chart, RemSense Technologies ranks #166 out of 2610 companies in the Software industry, placing it in the top 6.4%.
Is RemSense Technologies' Days Payable too high?
RemSense Technologies' current Days Payable of 38.49 is 62% below median its 10-year median of 102.13. Over the past 10 years, this metric has ranged from a low of 35.18 to a high of 544.99. The Software industry median Days Payable is 51.36. RemSense Technologies' value of 38.49 is 25.1% below this industry median. Based on the distribution chart, RemSense Technologies ranks #166 out of 2610 companies in the Software industry, which is in the top quartile — a strong position relative to peers.
How does RemSense Technologies' Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, RemSense Technologies ranks #166 out of 2610 companies for Days Payable. This places RemSense Technologies in the top 6% of its industry — outperforming the majority of peers. The industry median Days Payable is 51.36. RemSense Technologies' value of 38.49 is 25.1% below this benchmark. Historically, RemSense Technologies' own Days Payable has ranged from 35.18 to 544.99 over the past decade. While the company's 10-year median is 102.13 vs. the industry median of 51.36, RemSense Technologies 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 Software company?
The median Days Payable among Software companies is 51.36, based on 2,610 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. RemSense Technologies's current Days Payable of 38.49 is 25.1% 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 RemSense Technologies and its competitors. For the Software industry, the median Days Payable is 51.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RemSense Technologies's current Days Payable is 38.49, which is 62% below median its own 10-year median of 102.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RemSense Technologies stock overvalued right now?
Based on GuruFocus' analysis, RemSense Technologies (ASX:REM) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.03, compared to a current price of A$0.03 — trading 13.3% below its estimated fair value. The current Days Payable is 38.49, which is 62% below median its 10-year median of 102.13 and 25.1% below the Software industry median of 51.36. 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 RemSense Technologies (ASX:REM), the current Days Payable is 38.49 as of Jun. 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.

RemSense Technologies Business Description

Address 5 Mill Street, Suite 0101, Level 1, Perth, WA, AUS, 6000
RemSense Technologies Ltd is an Australian technology company that provides industrial digital transformation solutions predominantly through its Virtualplant platform, a photogrammetric digital twin. The company combines aerial and terrestrial data capture, including drone services, to create high-resolution visual representations of industrial assets. These solutions help clients in sectors like energy, resources, and infrastructure improve asset management, safety, and operational efficiency. The majority of the revenue was generated by delivering digital engineering services and asset visualization technology across various industrial applications, i.e., through its Virtualplant scanning services and subscriptions.