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WestStar Industrial (ASX:WSI) Days Payable : 47.83 (As of Dec. 2024)


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What is WestStar Industrial Days Payable?

WestStar Industrial's average Accounts Payable for the six months ended in Dec. 2024 was A$17.4 Mil. WestStar Industrial's Cost of Goods Sold for the six months ended in Dec. 2024 was A$66.5 Mil. Hence, WestStar Industrial's Days Payable for the six months ended in Dec. 2024 was 47.83.

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: 63.59   Max: 117.69
Current: 43.55

During the past 13 years, WestStar Industrial's highest Days Payable was 117.69. The lowest was 24.53. And the median was 63.59.

ASX:WSI's Days Payable is ranked worse than
77.17% of 1669 companies
in the Construction industry
Industry Median: 77.17 vs ASX:WSI: 43.55

WestStar Industrial's Days Payable increased from Dec. 2023 (35.45) to Dec. 2024 (47.83). It may suggest that WestStar Industrial delayed paying its suppliers.


WestStar Industrial Days Payable Historical Data

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.

* Premium members only.

WestStar Industrial Days Payable Chart

WestStar Industrial Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.26 69.91 37.86 24.53 37.44

WestStar Industrial Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 33.52 38.58 35.45 40.04 47.83

Competitive Comparison of WestStar Industrial's Days Payable

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's Days Payable Distribution in the 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.


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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. 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
=( (19.342 + 17.784) / 2 ) / 180.97*365
=18.563 / 180.97*365
=37.44

WestStar Industrial'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
=( (17.784 + 17.096) / 2 ) / 66.539*365 / 2
=17.44 / 66.539*365 / 2
=47.83

* 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 Related Terms

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WestStar Industrial Business Description

Traded in Other Exchanges
N/A
Address
52 Hope Valley Road, Naval Base, WA, AUS, 6165
WestStar Industrial Ltd provides industrial services company providing engineering, construction, and mining services to the resources, energy, and infrastructure sectors. The company operates in the segments namely Precast, Simpec, Alltype, and Group. It generates maximum revenue from the Simpec segment. Simpec segment is a construction contractor with specialist experience in both Structural Mechanical and Piping and Electrical and Instrumentation works.

WestStar Industrial Headlines

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