APD (Air Products and Chemicals) Days Payable: 123.07 (As of Mar. 2026) — 223% Above Median


APD Air Products and Chemicals Inc APD
79 GF Score
Price $279.93
GF Value $283.79
Valuation Fairly Valued
! 5 Warning Signs
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What is Air Products and Chemicals Days Payable?

Air Products and Chemicals APD +0.43% 79 Days Payable is 123.07 as of Mar. 2026, which is 223% above its 10-year median of 38.14. GuruFocus rates APD with a GF Score™ of 79/100 and a GF Value™ of $283.79 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,559 Chemicals companies, Air Products and Chemicals ranks better than 82.68% on this metric.

Air Products and Chemicals's average Accounts Payable for the three months ended in Mar. 2026 was $2,946 Mil. Air Products and Chemicals's Cost of Goods Sold for the three months ended in Mar. 2026 was $2,184 Mil. Hence, Air Products and Chemicals's Days Payable for the three months ended in Mar. 2026 was 123.07.

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

APD' s Days Payable Range Over the Past 10 Years
Min: 32.58   Med: 38.14   Max: 121.6
Current: 121.6

During the past 13 years, Air Products and Chemicals's highest Days Payable was 121.60. The lowest was 32.58. And the median was 38.14.

APD's Days Payable is ranked better than
82.68% of 1559 companies
in the Chemicals industry
Industry Median: 59.88 vs APD: 121.60

Air Products and Chemicals's Days Payable declined from Mar. 2025 (143.23) to Mar. 2026 (123.07). It may suggest that Air Products and Chemicals accelerated paying its suppliers.


Air Products and Chemicals Days Payable Historical Data

* Premium members only.

The historical data trend for Air Products and Chemicals'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.

Air Products and Chemicals Days Payable Chart

Air Products and Chemicals Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.58 36.30 48.21 59.53 63.85

Air Products and Chemicals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial 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 143.23 151.90 102.18 96.82 123.07

APD vs ECL, SHW, PPG: Days Payable Comparison

For the Specialty Chemicals subindustry, Air Products and Chemicals'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 Products and Chemicals Days Payable vs Chemicals Industry

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

* The bar in red indicates where Air Products and Chemicals's Days Payable falls into.


APD
79GF Score
Air Products and Chemicals Inc APD
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Air Products and Chemicals 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 Products and Chemicals's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (1451.6 + 1437) / 2 ) / 8256*365
=1444.3 / 8256*365
=63.85

Air Products and Chemicals's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (3035.3 + 2856.9) / 2 ) / 2184.4*365 / 4
=2946.1 / 2184.4*365 / 4
=123.07

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 123.07 mean?
Air Products and Chemicals (APD) has a Days Payable of 123.07 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Air Products and Chemicals and its competitors. This is 223% above median its historical median of 38.14. Over the past decade, Air Products and Chemicals' Days Payable has ranged from 32.58 to 121.60. According to the industry distribution chart, Air Products and Chemicals ranks #270 out of 1559 companies in the Chemicals industry, placing it in the top 17.3%.
Is Air Products and Chemicals' Days Payable too high?
Air Products and Chemicals' current Days Payable of 123.07 is 223% above median its 10-year median of 38.14. Over the past 10 years, this metric has ranged from a low of 32.58 to a high of 121.60. The Chemicals industry median Days Payable is 59.88. Air Products and Chemicals' value of 123.07 is 105.5% above this industry median. Based on the distribution chart, Air Products and Chemicals ranks #270 out of 1559 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Air Products and Chemicals has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Air Products and Chemicals' Days Payable compare to ECL and SHW?
According to the Chemicals industry distribution chart, Air Products and Chemicals ranks #270 out of 1559 companies for Days Payable. This places Air Products and Chemicals in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.88. Air Products and Chemicals' value of 123.07 is 105.5% above this benchmark. Historically, Air Products and Chemicals' own Days Payable has ranged from 32.58 to 121.60 over the past decade. While the company's 10-year median is 38.14 vs. the industry median of 59.88, Air Products and Chemicals has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Chemicals company?
The median Days Payable among Chemicals companies is 59.88, based on 1,559 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Air Products and Chemicals's current Days Payable of 123.07 is 105.5% above 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 Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Air Products and Chemicals and its competitors. For the Chemicals industry, the median Days Payable is 59.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Products and Chemicals's current Days Payable is 123.07, which is 223% above median its own 10-year median of 38.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Products and Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Air Products and Chemicals (APD) is currently considered Fairly Valued. The stock's GF Value™ is $283.79, compared to a current price of $279.93 — trading 1.4% below its estimated fair value. The current Days Payable is 123.07, which is 223% above median its 10-year median of 38.14 and 105.5% above the Chemicals industry median of 59.88. Air Products and Chemicals' overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Air Products and Chemicals (APD), the current Days Payable is 123.07 as of Mar. 2026. 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 Products and Chemicals (APD) Overvalued in 2026?

Based on GuruFocus' analysis, Air Products and Chemicals stock appears to be undervalued. The current stock price of $279.93 is trading 1.4% below its estimated GF Value™ of $283.79. GuruFocus considers Air Products and Chemicals to be Fairly Valued.

Key valuation signals for APD:

  • Days Payable: 123.07 (223% above median its 10-year median of 38.14)
  • GF Value™: $283.79 vs. price of $279.93 (1.4% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 105.5% above the Chemicals median (#270 of 1559)

No single metric tells the full story. See the APD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Air Products and Chemicals Business Description

Address 1940 Air Products Boulevard, Allentown, PA, USA, 18106-5500
Since its founding in 1940, Air Products has become one of the leading industrial gas suppliers globally, with operations in 50 countries and 19,000 employees. The company is the world's largest supplier of hydrogen and helium. It has a unique portfolio serving customers across industries, including chemicals, energy, healthcare, metals, and electronics. Air Products generated roughly $12 billion in revenue in fiscal 2025.
79GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$279.93
Price
$283.79
GF Value