Air Products & Chemicals (FRA:AP3) Days Payable : 87.34 (As of Dec. 2023)

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What is Air Products & Chemicals Days Payable?

Air Products & Chemicals's average Accounts Payable for the three months ended in Dec. 2023 was €1,814 Mil. Air Products & Chemicals's Cost of Goods Sold for the three months ended in Dec. 2023 was €1,896 Mil. Hence, Air Products & Chemicals's Days Payable for the three months ended in Dec. 2023 was 87.34.

The historical rank and industry rank for Air Products & Chemicals's Days Payable or its related term are showing as below:

FRA:AP3' s Days Payable Range Over the Past 10 Years
Min: 32.58 Med: 38.14 Max: 101.82
Current: 101.82

During the past 13 years, Air Products & Chemicals's highest Days Payable was 101.82. The lowest was 32.58. And the median was 38.14.

FRA:AP3's Days Payable is ranked better than
77.01% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs FRA:AP3: 101.82

Air Products & Chemicals's Days Payable increased from Dec. 2022 (75.32) to Dec. 2023 (87.34). It may suggest that Air Products & Chemicals delayed paying its suppliers.

Air Products & Chemicals Days Payable Historical Data

The historical data trend for Air Products & Chemicals'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.

Air Products & Chemicals Days Payable Chart

Air Products & Chemicals Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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33.27

34.61

32.57

34.02

50.02

Air Products & Chemicals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															75.32	101.30	122.97	87.42	87.34

Competitive Comparison of Air Products & Chemicals's Days Payable

For the Specialty Chemicals subindustry, Air Products & Chemicals'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.

Air Products & Chemicals's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Air Products & Chemicals's Days Payable distribution charts can be found below:

* The bar in red indicates where Air Products & Chemicals's Days Payable falls into.

Air Products & Chemicals 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.

Air Products & Chemicals's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (1131.907	+	1136.487)	/	2 )	/	8276.521	*	365
=	1134.197					/	8276.521	*	365
=	50.02

Air Products & Chemicals's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1136.487	+	2492.314)	/	2 )	/	1895.623	*	365 / 4
=	1814.4005					/	1895.623	*	365 / 4
=	87.34

Air Products & Chemicals Days Payable Related Terms

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Air Products & Chemicals (FRA:AP3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Air Products & Chemicals Inc (FRA:AP3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

APD:USA 1APD:Italy AP3:Germany A1PD34:Brazil APCD:Austria

Address

1940 Air Products Boulevard, Allentown, PA, USA, 18106-5500

Website

https://www.airproducts.com

Since its founding in 1940, Air Products has become one of the leading industrial gas suppliers globally, with operations in 50 countries and 19,000 employees. The company is the largest supplier of hydrogen and helium in the world. It has a unique portfolio serving customers in a number of industries, including chemicals, energy, healthcare, metals, and electronics. Air Products generated $12.6 billion in revenue in fiscal 2023.

Air Products & Chemicals (FRA:AP3) Headlines

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