WestStar Industrial (ASX:WSI) Days Payable: 40.08 (As of Dec. 2025) — 30% Below Median


What is WestStar Industrial Days Payable?

WestStar Industrial ASX:WSI Days Payable is 40.08 as of Dec. 2025, which is 30% below its 10-year median of 57.26. The stock has 4 warning signs investors should review. Among 1,710 Construction companies, WestStar Industrial ranks worse than 70.47% on this metric.

WestStar Industrial's average Accounts Payable for the six months ended in Dec. 2025 was A$14.7 Mil. WestStar Industrial's Cost of Goods Sold for the six months ended in Dec. 2025 was A$67.0 Mil. Hence, WestStar Industrial's Days Payable for the six months ended in Dec. 2025 was 40.08.

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

ASX:WSI' s Days Payable Range Over the Past 10 Years
Min: 24.53   Med: 57.26   Max: 117.69
Current: 50.41

During the past 13 years, WestStar Industrial's highest Days Payable was 117.69. The lowest was 24.53. And the median was 57.26.

ASX:WSI's Days Payable is ranked worse than
70.47% of 1710 companies
in the Construction industry
Industry Median: 76.79 vs ASX:WSI: 50.41

WestStar Industrial's Days Payable declined from Dec. 2024 (47.83) to Dec. 2025 (40.08). It may suggest that WestStar Industrial accelerated paying its suppliers.


WestStar Industrial Days Payable Historical Data

* Premium members only.

The historical data trend for WestStar Industrial'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.

WestStar Industrial Days Payable Chart

WestStar Industrial 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 69.91 37.86 24.53 37.44 35.40

WestStar Industrial 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 35.45 40.04 47.83 42.32 40.08

ASX:WSI vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, WestStar Industrial'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.


WestStar Industrial Days Payable vs Construction Industry

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

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



WestStar Industrial 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.

WestStar Industrial'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
=( (17.784 + 3.907) / 2 ) / 111.822*365
=10.8455 / 111.822*365
=35.40

WestStar Industrial'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
=( (3.907 + 25.52) / 2 ) / 67.003*365 / 2
=14.7135 / 67.003*365 / 2
=40.08

* 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 40.08 mean?
WestStar Industrial (ASX:WSI) has a Days Payable of 40.08 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 WestStar Industrial and its competitors. This is 30% below median its historical median of 57.26. Over the past decade, WestStar Industrial's Days Payable has ranged from 24.53 to 117.69. According to the industry distribution chart, WestStar Industrial ranks #1205 out of 1710 companies in the Construction industry, placing it in the top 70.5%.
Is WestStar Industrial's Days Payable too high?
WestStar Industrial's current Days Payable of 40.08 is 30% below median its 10-year median of 57.26. Over the past 10 years, this metric has ranged from a low of 24.53 to a high of 117.69. The Construction industry median Days Payable is 76.79. WestStar Industrial's value of 40.08 is 47.8% below this industry median. Based on the distribution chart, WestStar Industrial ranks #1205 out of 1710 companies in the Construction industry, which is below the industry midpoint.
How does WestStar Industrial's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, WestStar Industrial ranks #1205 out of 1710 companies for Days Payable. This places WestStar Industrial in the lower half of its industry. The industry median Days Payable is 76.79. WestStar Industrial's value of 40.08 is 47.8% below this benchmark. Historically, WestStar Industrial's own Days Payable has ranged from 24.53 to 117.69 over the past decade. While the company's 10-year median is 57.26 vs. the industry median of 76.79, WestStar Industrial 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 Construction company?
The median Days Payable among Construction companies is 76.79, based on 1,710 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. WestStar Industrial's current Days Payable of 40.08 is 47.8% 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 WestStar Industrial and its competitors. For the Construction industry, the median Days Payable is 76.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WestStar Industrial's current Days Payable is 40.08, which is 30% below median its own 10-year median of 57.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WestStar Industrial stock overvalued right now?
Based on GuruFocus' analysis, WestStar Industrial (ASX:WSI) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.05, compared to a current price of A$0.06 — trading 18% above its estimated fair value. The current Days Payable is 40.08, which is 30% below median its 10-year median of 57.26 and 47.8% below the Construction industry median of 76.79. 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 WestStar Industrial (ASX:WSI), the current Days Payable is 40.08 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.

WestStar Industrial Business Description

Address 52 Hope Valley Road, Naval Base, WA, AUS, 6165
WestStar Industrial Ltd is an Australian company offering industrial project solutions in engineering, fabrication, construction, and maintenance across sectors such as resources, energy, oil and gas, petrochemical, water, marine, defence, and infrastructure. The company operates through three segments: SIMPEC, Alltype Engineering, and Watmar Engineering. SIMPEC specializes in structural, mechanical, piping, electrical, and instrumentation contracting. Alltype Engineering provides workshop services, site installation, construction, and maintenance across various industries. Watmar Engineering focuses on fluid systems engineering for the defence and marine sectors. The majority of the company's revenue is generated from the Alltype segment.