Air Liquide's Days Sales Outstanding for the
six
months ended in Dec. 2025 was 41.42.
Air Liquide's Days Inventory for the
six
months ended in Dec. 2025 was 85.3.
Air Liquide's Days Payable for the
six
months ended in Dec. 2025 was 123.77.
Therefore, Air Liquide's Cash Conversion Cycle (CCC) for the
six
months ended in Dec. 2025 was 2.95.
Air Liquide (XSWX:AI1) Cash Conversion Cycle Explanation
Generally, the lower this number is, the better for the company. Although it should be combined with other metrics (such as ROE % and ROA %), it can be especially useful for comparing close competitors, because the company with the lowest CCC is often the one with better management.
Be Aware
CCC is most effective with retail-type companies, which have inventories that are sold to customers. Consulting businesses, software companies and insurance companies are all examples of companies for whom this metric is meaningless.
The CCC is one of several tools that can help you evaluate management, especially if it is calculated for several consecutive time periods and for several competitors. Decreasing or steady CCCs are good, while rising ones should motivate you to dig a bit deeper.
Air Liquide Cash Conversion Cycle Related Terms
Air Liquide Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Air Liquide's Cash Conversion Cycle 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.
XSWX:AI1 vs LIN, SHW, ECL: Cash Conversion Cycle Comparison
For the Specialty Chemicals subindustry, Air Liquide's Cash Conversion Cycle, along with its competitors' market caps and Cash Conversion Cycle 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 Cash Conversion Cycle vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Air Liquide's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Air Liquide's Cash Conversion Cycle falls into.
Cash Conversion Cycle (CCC) measures how fast a company can convert cash on hand into even more cash on hand. This metric looks at the amount of time needed to sell inventory, the amount of time needed to collect receivables and the length of time the company is afforded to pay its bills without incurring penalties.
Cash Conversion Cycle is one of several measures of management effectiveness.
Air Liquide's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 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.
Air Liquide (XSWX:AI1) has a Cash Conversion Cycle of 2.95 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Air Liquide and its competitors.
Is Air Liquide's Cash Conversion Cycle too high?
Air Liquide's current Cash Conversion Cycle is 2.95. The Chemicals industry median Cash Conversion Cycle is 89.08. Air Liquide's value of 2.95 is 96.7% below this industry median. Overall, Air Liquide has a GF Score™ of 98/100, reflecting its overall financial health beyond just this single metric.
How does Air Liquide's Cash Conversion Cycle compare to LIN and SHW?
Air Liquide's Cash Conversion Cycle of 2.95 can be compared against companies in the Chemicals industry. The industry median Cash Conversion Cycle is 89.08. Air Liquide's value of 2.95 is 96.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for a Chemicals company?
The median Cash Conversion Cycle among Chemicals companies is 89.08, based on 1,585 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Air Liquide's current Cash Conversion Cycle of 2.95 is 96.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Air Liquide and its competitors. For the Chemicals industry, the median Cash Conversion Cycle is 89.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Liquide's current Cash Conversion Cycle is 2.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Liquide stock overvalued right now?
Air Liquide (XSWX:AI1) has a current Cash Conversion Cycle of 2.95. The stock's GF Value™ is CHF138.15, compared to a current price of CHF157.66 — trading 14.1% above its estimated fair value. The current Cash Conversion Cycle is 2.95 and 96.7% below the Chemicals industry median of 89.08. Air Liquide's overall GF Score™ is 98/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Air Liquide (XSWX:AI1), the current Cash Conversion Cycle is 2.95 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Air Liquide (XSWX:AI1) Overvalued in 2026?
Based on GuruFocus' analysis, Air Liquide stock appears to be overvalued.
The current stock price of CHF157.66 is trading 14.1% above its estimated GF Value™ of CHF138.15.
Key valuation signals for XSWX:AI1:
Cash Conversion Cycle: 2.95
GF Value™: CHF138.15 vs. price of CHF157.66 (14.1% above fair value)
Industry Position: 96.7% below the Chemicals median
No single metric tells the full story. See the XSWX:AI1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 27.9 billion of revenue in 2025, serving a wide range of industries, including chemicals, energy, healthcare, food and beverage, and electronics. Air Liquide employs approximately 65,000 people.
98GF Score
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