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Air Liquide (XPAR:AI) Days Payable

: 110.39 (As of Dec. 2023)
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Air Liquide's average Accounts Payable for the six months ended in Dec. 2023 was €3,272 Mil. Air Liquide's Cost of Goods Sold for the six months ended in Dec. 2023 was €5,410 Mil. Hence, Air Liquide's Days Payable for the six months ended in Dec. 2023 was 110.39.

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

XPAR:AI' s Days Payable Range Over the Past 10 Years
Min: 94.02   Med: 117.4   Max: 137.97
Current: 112.72

During the past 13 years, Air Liquide's highest Days Payable was 137.97. The lowest was 94.02. And the median was 117.40.

XPAR:AI's Days Payable is ranked better than
81.5% of 1503 companies
in the Chemicals industry
Industry Median: 60.45 vs XPAR:AI: 112.72

Air Liquide's Days Payable increased from Dec. 2022 (92.45) to Dec. 2023 (110.39). It may suggest that Air Liquide delayed paying its suppliers.


Air Liquide Days Payable Historical Data

The historical data trend for Air Liquide'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 Liquide Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 118.20 126.89 112.18 94.02 116.13

Air Liquide Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 102.10 97.25 92.45 111.61 110.39

Competitive Comparison

For the Specialty Chemicals subindustry, Air Liquide'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 Liquide Days Payable Distribution

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

* The bar in red indicates where Air Liquide's Days Payable falls into.



Air Liquide 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 Liquide's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (3782.6 + 3310.5) / 2 ) / 11146.8*365
=3546.55 / 11146.8*365
=116.13

Air Liquide'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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (3234 + 3310.5) / 2 ) / 5410*365 / 2
=3272.25 / 5410*365 / 2
=110.39

* 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.


Air Liquide Days Payable Related Terms

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Air Liquide (XPAR:AI) Business Description

Address
75, Quai d'Orsay, Paris, FRA, 75007
Founded in 1902, Air Liquide is one of the leading industrial gas companies in the world, serving over 3.8 million customers in 78 countries. The company generated approximately EUR 29.9 billion of revenue in 2022, serving a wide range of industries, including chemicals, energy, healthcare, food and beverage, and electronics. The healthcare division serves around 1.8 million patients and 15,000 hospitals and clinics annually. Air Liquide employs approximately 65,000 people.