Air Products and Chemicals Inc (APD)
Number of days of payables
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 6.36 | — | — | — | 8.33 | — | — | — | 6.66 | — | — | — | 10.97 | — | — | — | 10.73 | — | — | — | |
| Number of days of payables | days | 57.35 | — | — | — | 43.82 | — | — | — | 54.78 | — | — | — | 33.28 | — | — | — | 34.03 | — | — | — |
September 30, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.36
= 57.35
The number of days of payables for Air Products and Chemicals Inc has fluctuated over the past few years, with the latest reported figure being 57.35 days as of September 30, 2024. This indicates that, on average, the company takes approximately 57 days to pay its creditors. It's worth noting that there are missing data points in between the reported figures, making it challenging to identify a consistent trend. However, the variations in the number of days of payables suggest that the company may be managing its payment terms with suppliers and vendors differently from one period to another. Further analysis and comparison with industry peers may provide additional insights into Air Products and Chemicals Inc's payables management strategy.
Peer comparison
Sep 30, 2024
See also:
Air Products and Chemicals Inc Average Payables Payment Period (Quarterly Data)