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Air Liquide (Air Liquide) Days Inventory

: 68.09 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Air Liquide's Average Total Inventories for the six months ended in Dec. 2023 was $2,201 Mil. Air Liquide's Cost of Goods Sold for the six months ended in Dec. 2023 was $5,900 Mil. Hence, Air Liquide's Days Inventory for the six months ended in Dec. 2023 was 68.09.

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

AIQUY' s Days Inventory Range Over the Past 10 Years
Min: 46.85   Med: 62.21   Max: 74.48
Current: 65.61

During the past 13 years, Air Liquide's highest Days Inventory was 74.48. The lowest was 46.85. And the median was 62.21.

AIQUY's Days Inventory is ranked better than
64.03% of 1493 companies
in the Chemicals industry
Industry Median: 83.51 vs AIQUY: 65.61

Air Liquide's Days Inventory increased from Dec. 2022 (47.34) to Dec. 2023 (68.09). It might indicate that Air Liquide's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Air Liquide's Inventory Turnover for the six months ended in Dec. 2023 was 2.68.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Air Liquide's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.15.


Air Liquide Days Inventory Historical Data

The historical data trend for Air Liquide's Days Inventory 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 Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 67.74 71.11 60.23 48.25 64.38

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 Inventory 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 54.39 49.34 47.34 62.67 68.09

Competitive Comparison

For the Specialty Chemicals subindustry, Air Liquide's Days Inventory, along with its competitors' market caps and Days Inventory 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 Inventory Distribution

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

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



Air Liquide Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (2077.331 + 2211.123) / 2 ) / 12155.725*365
=2144.227 / 12155.725*365
=64.38

Air Liquide's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (2191.333 + 2211.123) / 2 ) / 5899.673*365 / 2
=2201.228 / 5899.673*365 / 2
=68.09

* 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  (OTCPK:AIQUY) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Air Liquide's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Air Liquide's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

* 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Air Liquide Days Inventory Related Terms

Thank you for viewing the detailed overview of Air Liquide's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Air Liquide (Air Liquide) 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.

Air Liquide (Air Liquide) Headlines