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Air Products & Chemicals Inc (NYSE:APD)
Days Payable
37.42 (As of Sep. 2016)

Air Products & Chemicals Inc's payable for the three months ended in Sep. 2016 was $676 Mil. Air Products & Chemicals Inc's cost of goods sold for the three months ended in Sep. 2016 was $1,649 Mil. Hence, Air Products & Chemicals Inc's days payable for the three months ended in Sep. 2016 was 37.42.

APD' s Days Payable Range Over the Past 10 Years
Min: 32.71   Max: 50.09
Current: 38.53

32.71
50.09

During the past 13 years, Air Products & Chemicals Inc's highest Days Payable was 50.09. The lowest was 32.71. And the median was 37.19.

APD's Days Payable is ranked lower than
61% of the 829 Companies
in the Global Chemicals industry.

( Industry Median: 49.64 vs. APD: 38.53 )

Air Products & Chemicals Inc's days payable increased from Sep. 2015 (33.46) to Sep. 2016 (37.42). It may suggest that Air Products & Chemicals Inc delayed paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Air Products & Chemicals Inc's Days Payable for the fiscal year that ended in Sep. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=676.1/6402.7*365
=38.54

Air Products & Chemicals Inc's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=676.1/1648.7*365 / 4
=37.42

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Air Products & Chemicals Inc Annual Data

Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15Sep16
DaysPayable 84.500.000.000.000.000.0050.0935.4132.7138.54

Air Products & Chemicals Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 0.0034.970.000.000.0033.460.000.000.0037.42
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