Waterco (ASX:WAT) Days Payable : 69.10 (As of Dec. 2023)

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What is Waterco Days Payable?

Waterco's average Accounts Payable for the six months ended in Dec. 2023 was A$22.8 Mil. Waterco's Cost of Goods Sold for the six months ended in Dec. 2023 was A$60.1 Mil. Hence, Waterco's Days Payable for the six months ended in Dec. 2023 was 69.10.

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

ASX:WAT' s Days Payable Range Over the Past 10 Years
Min: 41.66 Med: 54.97 Max: 86.02
Current: 86.02

During the past 13 years, Waterco's highest Days Payable was 86.02. The lowest was 41.66. And the median was 54.97.

ASX:WAT's Days Payable is ranked better than
55.92% of 2931 companies
in the Industrial Products industry
Industry Median: 76.42 vs ASX:WAT: 86.02

Waterco's Days Payable declined from Dec. 2022 (72.12) to Dec. 2023 (69.10). It may suggest that Waterco accelerated paying its suppliers.

Waterco Days Payable Historical Data

The historical data trend for Waterco'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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Waterco Days Payable Chart

Waterco Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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52.24

61.43

49.12

41.66

46.04

Waterco Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															75.50	81.11	72.12	78.87	69.10

Competitive Comparison of Waterco's Days Payable

For the Pollution & Treatment Controls subindustry, Waterco'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.

Waterco's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Waterco's Days Payable distribution charts can be found below:

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

Waterco 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.

Waterco's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (8.469	+	7.807)	/	2 )	/	64.517	*	365
=	8.138					/	64.517	*	365
=	46.04

Waterco's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (7.807	+	37.738)	/	2 )	/	60.147	*	365 / 2
=	22.7725					/	60.147	*	365 / 2
=	69.10

Waterco Days Payable Related Terms

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Waterco (ASX:WAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Waterco Ltd (ASX:WAT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

36 South Street, Rydalmere, Sydney, NSW, AUS, 2116

Website

https://www.waterco.com.au

Waterco Ltd engages in the manufacture and distribution of pool and spa products and water treatment equipment. The firm involves in the wholesale, export, and manufacture of equipment and accessories in the swimming pool, spa pool, spa bath, rural pump. The company's pool and spa products comprise commercial accessories and chemical dosers, commercial heating products and pumps, test kits and maintenance products, chemical pool products, pool, and spa blowers, swimming pool and spa valves, recirculation accessories, pool lighting products, robotic pool cleaners, pool suction cleaners, spa equipment, hydroxzone ozone generators. Its maximum revenue is generated from Australia and New Zealand.