Reece Ltd
ASX:REH

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Reece Ltd
ASX:REH
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Price: 23.04 AUD 1.63% Market Closed
Market Cap: 14.9B AUD
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Reece Ltd
Accounts Payable

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Reece Ltd
Accounts Payable Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Accounts Payable CAGR 3Y CAGR 5Y CAGR 10Y
Reece Ltd
ASX:REH
Accounts Payable
AU$1.2B
CAGR 3-Years
8%
CAGR 5-Years
12%
CAGR 10-Years
16%
Emeco Holdings Ltd
ASX:EHL
Accounts Payable
AU$130.5m
CAGR 3-Years
6%
CAGR 5-Years
9%
CAGR 10-Years
9%
Coventry Group Ltd
ASX:CYG
Accounts Payable
AU$56.6m
CAGR 3-Years
5%
CAGR 5-Years
8%
CAGR 10-Years
10%
Acrow Formwork and Construction Services Ltd
ASX:ACF
Accounts Payable
AU$21.5m
CAGR 3-Years
-5%
CAGR 5-Years
16%
CAGR 10-Years
N/A
Seven Group Holdings Ltd
ASX:SVW
Accounts Payable
AU$1.5B
CAGR 3-Years
36%
CAGR 5-Years
29%
CAGR 10-Years
15%
Hancock & Gore Ltd
ASX:HNG
Accounts Payable
AU$173k
CAGR 3-Years
-24%
CAGR 5-Years
-52%
CAGR 10-Years
-33%
No Stocks Found

Reece Ltd
Glance View

Market Cap
14.9B AUD
Industry
Trading Companies & Distributors
Economic Moat
None

Reece Ltd, a stalwart in the Australian plumbing and bathroom supplies space, has carved out its niche through an enduring commitment to quality and a vast network of supply channels. Founded in 1920 by Harold Joseph Reece, the company has meticulously grown from a small hardware store in Caulfield, Victoria, into a robust enterprise with a commanding presence across Australia and beyond. This growth story is deeply rooted in its resilient business model that hinges on tapping into the construction and home renovation boom by providing essential plumbing and bathroom products. By elegantly interweaving innovation with tradition, Reece has embraced digital transformation in its operations, offering an enriched online shopping experience that complements its extensive physical footprint. At the heart of Reece's success is its ability to anticipate and adapt to industry trends while maintaining strong relationships with tradespeople, builders, and DIY enthusiasts. It garners revenue by distributing high-quality local and international brands through its various channels, seamlessly integrating product sales with value-added services like expert advice and design consultation. Moreover, strategic acquisitions have bolstered its competitive edge, facilitating geographical expansion and enhancing product diversity. This multifaceted approach not only ensures a steady revenue flow but also cements Reece’s position as a preferred partner in the plumbing and construction industry, thriving amidst fluctuating economic cycles.

REH Intrinsic Value
18.52 AUD
Overvaluation 20%
Intrinsic Value
Price

See Also

What is Reece Ltd's Accounts Payable?
Accounts Payable
1.2B AUD

Based on the financial report for Jun 30, 2024, Reece Ltd's Accounts Payable amounts to 1.2B AUD.

What is Reece Ltd's Accounts Payable growth rate?
Accounts Payable CAGR 10Y
16%

Over the last year, the Accounts Payable growth was 5%. The average annual Accounts Payable growth rates for Reece Ltd have been 8% over the past three years , 12% over the past five years , and 16% over the past ten years .

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