Rubicon Water (ASX:RWL) Days Payable: 75.42 (As of Dec. 2025) — 46% Above Median


What is Rubicon Water Days Payable?

Rubicon Water ASX:RWL +1.64% Days Payable is 75.42 as of Dec. 2025, which is 46% above its 10-year median of 51.80. The stock has 2 warning signs investors should review. Among 481 Utilities - Regulated companies, Rubicon Water ranks better than 52.81% on this metric.

Rubicon Water's average Accounts Payable for the six months ended in Dec. 2025 was A$7.74 Mil. Rubicon Water's Cost of Goods Sold for the six months ended in Dec. 2025 was A$18.73 Mil. Hence, Rubicon Water's Days Payable for the six months ended in Dec. 2025 was 75.42.

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

ASX:RWL' s Days Payable Range Over the Past 10 Years
Min: 38.29   Med: 51.8   Max: 75.79
Current: 73.59

During the past 4 years, Rubicon Water's highest Days Payable was 75.79. The lowest was 38.29. And the median was 51.80.

ASX:RWL's Days Payable is ranked better than
52.81% of 481 companies
in the Utilities - Regulated industry
Industry Median: 70.61 vs ASX:RWL: 73.59

Rubicon Water's Days Payable increased from Dec. 2024 (65.29) to Dec. 2025 (75.42). It may suggest that Rubicon Water delayed paying its suppliers.


Rubicon Water Days Payable Historical Data

* Premium members only.

The historical data trend for Rubicon Water'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.

Rubicon Water Days Payable Chart

Rubicon Water Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Days Payable
75.79 55.99 38.29 47.61

Rubicon Water Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.89 70.87 65.29 65.10 75.42

ASX:RWL vs AWK, WTRG, AWR: Days Payable Comparison

For the Utilities - Regulated Water subindustry, Rubicon Water'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.


Rubicon Water Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Rubicon Water's Days Payable distribution charts can be found below:

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



Rubicon Water 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.

Rubicon Water'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
=( (4.038 + 6.55) / 2 ) / 40.587*365
=5.294 / 40.587*365
=47.61

Rubicon Water'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
=( (6.55 + 8.928) / 2 ) / 18.727*365 / 2
=7.739 / 18.727*365 / 2
=75.42

* 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 75.42 mean?
Rubicon Water (ASX:RWL) has a Days Payable of 75.42 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 Rubicon Water and its competitors. This is 46% above median its historical median of 51.80. Over the past decade, Rubicon Water's Days Payable has ranged from 38.29 to 75.79. According to the industry distribution chart, Rubicon Water ranks #227 out of 481 companies in the Utilities - Regulated industry, placing it in the top 47.2%.
Is Rubicon Water's Days Payable too high?
Rubicon Water's current Days Payable of 75.42 is 46% above median its 10-year median of 51.80. Over the past 10 years, this metric has ranged from a low of 38.29 to a high of 75.79. The Utilities - Regulated industry median Days Payable is 70.61. Rubicon Water's value of 75.42 is 6.8% above this industry median. Based on the distribution chart, Rubicon Water ranks #227 out of 481 companies in the Utilities - Regulated industry, which is above the industry midpoint.
How does Rubicon Water's Days Payable compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Rubicon Water ranks #227 out of 481 companies for Days Payable. This puts Rubicon Water in the upper half of its industry. The industry median Days Payable is 70.61. Rubicon Water's value of 75.42 is 6.8% above this benchmark. Historically, Rubicon Water's own Days Payable has ranged from 38.29 to 75.79 over the past decade. While the company's 10-year median is 51.80 vs. the industry median of 70.61, Rubicon Water 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 an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.61, based on 481 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. Rubicon Water's current Days Payable of 75.42 is 6.8% 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 Rubicon Water and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rubicon Water's current Days Payable is 75.42, which is 46% above median its own 10-year median of 51.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rubicon Water stock overvalued right now?
Based on GuruFocus' analysis, Rubicon Water (ASX:RWL) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.29, compared to a current price of A$0.06 — trading 78.6% below its estimated fair value. The current Days Payable is 75.42, which is 46% above median its 10-year median of 51.80 and 6.8% above the Utilities - Regulated industry median of 70.61. 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 Rubicon Water (ASX:RWL), the current Days Payable is 75.42 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.

Rubicon Water Business Description

Address 1 Cato Street, Hawthorn East, Melbourne, VIC, AUS, 3123
Rubicon Water Ltd is engaged in the water technology solutions business that designs, manufactures, installs, and maintains irrigation automation software and hardware. It generates revenue through sales of hardware, software, and services, as well as from ongoing maintenance of the installed end-to-end solution base.