Air Products and Chemicals Inc (APD)
Working capital turnover
| Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 12,037,300 | 12,100,600 | 12,600,000 | 12,698,600 | 10,323,000 |
| Total current assets | US$ in thousands | 5,825,800 | 6,363,000 | 5,200,500 | 6,282,900 | 8,376,300 |
| Total current liabilities | US$ in thousands | 4,218,600 | 4,179,600 | 3,895,800 | 3,465,800 | 2,799,100 |
| Working capital turnover | 7.49 | 5.54 | 9.66 | 4.51 | 1.85 |
September 30, 2025 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $12,037,300K ÷ ($5,825,800K – $4,218,600K)
= 7.49
Peer comparison
Sep 30, 2025
Company name
Symbol
Working capital turnover
Air Products and Chemicals Inc
APD
7.49
Ashland Global Holdings Inc
ASH
—
WD-40 Company
WDFC
3.39