WH Smith PLC (SMWH) — Defensive Interval Ratio

Latest as of February 2026: 40 days

WH Smith PLC (SMWH) has a Defensive Interval Ratio of 40 days as of February 2026. Defensive assets of GBX96.00 Million (cash GBX-, short-term investments GBX-, receivables GBX96.00 Million) cover 40 days of daily cash needs of GBX2.37 Million/day. See WH Smith PLC short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

40 days
Days of operational coverage

Defensive Assets

GBX96.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX2.37 Million
Current Liabilities ÷ 365

Current Liabilities

GBX866.00 Million
GBX

WH Smith PLC Defensive Interval Ratio (2000–2025)

This chart shows how WH Smith PLC's Defensive Interval Ratio has evolved across 26 annual periods from 2000 to 2025. As of February 2026, the ratio stands at 40 days, meaning defensive assets of GBX96.00 Million can fund 40 days of operations without new revenue. See WH Smith PLC (SMWH) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for WH Smith PLC (2000–2025)

The table below presents the year-by-year Defensive Interval Ratio for WH Smith PLC from 2000 to 2025, covering 26 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 WH Smith PLC (SMWH) total market value.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2025 52 days GBX125.00 Million GBX2.39 Million/day GBX- GBX- ▼ -29 days
2024 81 days GBX133.00 Million GBX1.64 Million/day GBX- GBX- ▲ +10 days
2023 71 days GBX105.00 Million GBX1.49 Million/day GBX- GBX5.00 Million ▲ +25 days
2022 45 days GBX64.00 Million GBX1.42 Million/day GBX- GBX-3.00 Million ▲ +20 days
2021 25 days GBX26.00 Million GBX1.03 Million/day GBX- GBX-2.00 Million ▼ -14 days
2020 40 days GBX41.00 Million GBX1.03 Million/day GBX- GBX-6.00 Million ▼ -56 days
2019 96 days GBX73.00 Million GBX764.38K/day GBX- GBX- ▲ +60 days
2018 36 days GBX28.00 Million GBX786.30K/day GBX- GBX1.00 Million ▼ -6 days
2017 42 days GBX31.00 Million GBX745.21K/day GBX- GBX- ▼ -2 days
2016 44 days GBX32.00 Million GBX734.25K/day GBX- GBX2.00 Million ▼ -2 days
2015 46 days GBX35.00 Million GBX764.38K/day GBX- GBX- ▼ 0 days
2014 46 days GBX37.00 Million GBX805.48K/day GBX- GBX- ▲ +5 days
2013 41 days GBX32.00 Million GBX789.04K/day GBX- GBX- ▼ 0 days
2012 41 days GBX33.00 Million GBX808.22K/day GBX- GBX- ▼ -9 days
2011 50 days GBX40.00 Million GBX805.48K/day GBX- GBX- ▼ -16 days
2010 66 days GBX54.00 Million GBX821.92K/day GBX- GBX- ▲ +66 days
2009 0 days GBX0.00 GBX769.86K/day GBX- GBX7.00 Million ▲ +0 days
2008 0 days GBX0.00 GBX830.14K/day GBX- GBX4.00 Million ▲ +0 days
2007 0 days GBX0.00 GBX715.07K/day GBX- GBX4.00 Million ▼ -69 days
2006 69 days GBX48.00 Million GBX698.63K/day GBX- GBX- ▲ +11 days
2005 58 days GBX47.00 Million GBX810.96K/day GBX- GBX- ▼ -106 days
2004 164 days GBX186.00 Million GBX1.13 Million/day GBX- GBX- ▲ +32 days
2003 132 days GBX168.00 Million GBX1.27 Million/day GBX- GBX- ▼ -5 days
2002 137 days GBX167.00 Million GBX1.22 Million/day GBX- GBX- ▲ +19 days
2001 118 days GBX156.00 Million GBX1.33 Million/day GBX- GBX- ▼ -9 days
2000 127 days GBX137.00 Million GBX1.08 Million/day GBX- GBX- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)