Reece Ltd (REH) — Defensive Interval Ratio
Reece Ltd (REH) has a Defensive Interval Ratio of 408 days as of December 2025. Defensive assets of AU$1.49 Billion (cash AU$185.95 Million, short-term investments AU$-, receivables AU$1.30 Billion) cover 408 days of daily cash needs of AU$3.65 Million/day. Check REH intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Reece Ltd Defensive Interval Ratio (1989–2025)
This chart shows how Reece Ltd's Defensive Interval Ratio has evolved across 37 annual periods from 1989 to 2025. As of December 2025, the ratio stands at 408 days, meaning defensive assets of AU$1.49 Billion can fund 408 days of operations without new revenue. Also explore Reece Ltd annual equity growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Reece Ltd (1989–2025)
The table below presents the year-by-year Defensive Interval Ratio for Reece Ltd from 1989 to 2025, covering 37 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see market value of Reece Ltd.
| Year | DIR (days) | Defensive Assets (AUD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 390 days | AU$1.61 Billion | AU$4.14 Million/day | AU$274.91 Million | AU$- | ▼ -25 days |
| 2024 | 414 days | AU$1.68 Billion | AU$4.05 Million/day | AU$341.02 Million | AU$- | ▼ -18 days |
| 2023 | 433 days | AU$1.68 Billion | AU$3.89 Million/day | AU$372.35 Million | AU$- | ▲ +42 days |
| 2022 | 391 days | AU$1.56 Billion | AU$4.00 Million/day | AU$220.15 Million | AU$- | ▼ -146 days |
| 2021 | 538 days | AU$1.85 Billion | AU$3.45 Million/day | AU$828.64 Million | AU$- | ▼ -114 days |
| 2020 | 652 days | AU$1.92 Billion | AU$2.95 Million/day | AU$1.00 Billion | AU$- | ▲ +195 days |
| 2019 | 456 days | AU$991.96 Million | AU$2.17 Million/day | AU$126.89 Million | AU$223.00K | ▼ -337 days |
| 2018 | 793 days | AU$949.87 Million | AU$1.20 Million/day | AU$539.66 Million | AU$- | ▲ +407 days |
| 2017 | 386 days | AU$448.98 Million | AU$1.16 Million/day | AU$101.58 Million | AU$0.00 | ▲ +84 days |
| 2016 | 302 days | AU$347.21 Million | AU$1.15 Million/day | AU$- | AU$0.00 | ▲ +3 days |
| 2015 | 298 days | AU$306.27 Million | AU$1.03 Million/day | AU$- | AU$- | ▲ +19 days |
| 2014 | 279 days | AU$282.71 Million | AU$1.01 Million/day | AU$- | AU$- | ▼ -15 days |
| 2013 | 294 days | AU$245.38 Million | AU$834.82K/day | AU$- | AU$- | ▲ +9 days |
| 2012 | 285 days | AU$230.25 Million | AU$807.99K/day | AU$- | AU$- | ▼ -18 days |
| 2011 | 303 days | AU$246.26 Million | AU$813.25K/day | AU$- | AU$- | ▲ +6 days |
| 2010 | 297 days | AU$231.83 Million | AU$781.06K/day | AU$- | AU$- | ▲ +0 days |
| 2009 | 297 days | AU$242.70 Million | AU$818.36K/day | AU$- | AU$- | ▼ -5 days |
| 2008 | 302 days | AU$231.22 Million | AU$765.89K/day | AU$- | AU$- | ▼ -57 days |
| 2007 | 358 days | AU$215.91 Million | AU$602.37K/day | AU$- | AU$- | ▲ +36 days |
| 2006 | 323 days | AU$191.32 Million | AU$593.22K/day | AU$- | AU$- | ▼ -28 days |
| 2005 | 351 days | AU$174.72 Million | AU$497.81K/day | AU$- | AU$- | ▲ +33 days |
| 2004 | 318 days | AU$145.82 Million | AU$459.07K/day | AU$- | AU$- | ▼ -5 days |
| 2003 | 323 days | AU$124.08 Million | AU$384.23K/day | AU$- | AU$- | ▲ +27 days |
| 2002 | 296 days | AU$116.56 Million | AU$394.07K/day | AU$- | AU$- | ▲ +3 days |
| 2001 | 293 days | AU$89.51 Million | AU$305.36K/day | AU$- | AU$- | ▼ -19 days |
| 2000 | 312 days | AU$114.42 Million | AU$366.68K/day | AU$- | AU$10.31 Million | ▼ -53 days |
| 1999 | 365 days | AU$96.10 Million | AU$263.43K/day | AU$- | AU$18.34 Million | ▼ -40 days |
| 1998 | 405 days | AU$89.43 Million | AU$220.79K/day | AU$- | AU$18.03 Million | ▲ +71 days |
| 1997 | 334 days | AU$65.72 Million | AU$196.95K/day | AU$- | AU$- | ▼ -20 days |
| 1996 | 354 days | AU$45.14 Million | AU$127.47K/day | AU$- | AU$- | ▲ +27 days |
| 1995 | 327 days | AU$46.99 Million | AU$143.60K/day | AU$- | AU$- | ▲ +32 days |
| 1994 | 295 days | AU$37.52 Million | AU$127.12K/day | AU$- | AU$- | ▼ -13 days |
| 1993 | 308 days | AU$30.60 Million | AU$99.38K/day | AU$- | AU$- | ▲ +38 days |
| 1992 | 270 days | AU$25.67 Million | AU$95.15K/day | AU$- | AU$- | ▼ -29 days |
| 1991 | 299 days | AU$25.82 Million | AU$86.43K/day | AU$- | AU$- | ▲ +65 days |
| 1990 | 234 days | AU$30.26 Million | AU$129.44K/day | AU$- | AU$- | ▼ -9 days |
| 1989 | 242 days | AU$35.03 Million | AU$144.48K/day | AU$- | AU$- | — |