AWTRF (Air Water) Days Payable: 66.39 (As of Sep. 2025) — 10% Below Median


AWTRF Air Water Inc AWTRF
86 GF Score
Price $14.75
GF Value $11.73
Valuation Modestly Overvalued
! 14 Warning Signs
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What is Air Water Days Payable?

Air Water AWTRF 86 Days Payable is 66.39 as of Sep. 2025, which is 10% below its 10-year median of 73.92. GuruFocus rates AWTRF with a GF Score™ of 86/100 and a GF Value™ of $11.73 (Modestly Overvalued). The stock has 14 warning signs investors should review. Among 1,556 Chemicals companies, Air Water ranks better than 55.66% on this metric.

Air Water's average Accounts Payable for the three months ended in Sep. 2025 was $992 Mil. Air Water's Cost of Goods Sold for the three months ended in Sep. 2025 was $1,363 Mil. Hence, Air Water's Days Payable for the three months ended in Sep. 2025 was 66.39.

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

AWTRF' s Days Payable Range Over the Past 10 Years
Min: 63.9   Med: 73.92   Max: 91.73
Current: 66.22

During the past 13 years, Air Water's highest Days Payable was 91.73. The lowest was 63.90. And the median was 73.92.

AWTRF's Days Payable is ranked better than
55.66% of 1556 companies
in the Chemicals industry
Industry Median: 59.915 vs AWTRF: 66.22

Air Water's Days Payable increased from Sep. 2024 (65.80) to Sep. 2025 (66.39). It may suggest that Air Water delayed paying its suppliers.


Air Water Days Payable Historical Data

* Premium members only.

The historical data trend for Air Water'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 Water Days Payable Chart

Air Water Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 80.20 78.64 75.89 80.42 72.28

Air Water Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 65.80 67.23 65.88 71.24 66.39

AWTRF vs LIN, SHW, ECL: Days Payable Comparison

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

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

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


AWTRF
86GF Score
Air Water Inc AWTRF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Air Water 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 Water's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (1119.254 + 1124.33) / 2 ) / 5664.925*365
=1121.792 / 5664.925*365
=72.28

Air Water's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (1022.864 + 960.207) / 2 ) / 1362.837*365 / 4
=991.5355 / 1362.837*365 / 4
=66.39

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 66.39 mean?
Air Water (AWTRF) has a Days Payable of 66.39 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Air Water and its competitors. This is 10% below median its historical median of 73.92. Over the past decade, Air Water's Days Payable has ranged from 63.90 to 91.73. According to the industry distribution chart, Air Water ranks #690 out of 1556 companies in the Chemicals industry, placing it in the top 44.3%.
Is Air Water's Days Payable too high?
Air Water's current Days Payable of 66.39 is 10% below median its 10-year median of 73.92. Over the past 10 years, this metric has ranged from a low of 63.90 to a high of 91.73. The Chemicals industry median Days Payable is 59.92. Air Water's value of 66.39 is 10.8% above this industry median. Based on the distribution chart, Air Water ranks #690 out of 1556 companies in the Chemicals industry, which is above the industry midpoint. Overall, Air Water has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air Water's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Air Water ranks #690 out of 1556 companies for Days Payable. This puts Air Water in the upper half of its industry. The industry median Days Payable is 59.92. Air Water's value of 66.39 is 10.8% above this benchmark. Historically, Air Water's own Days Payable has ranged from 63.90 to 91.73 over the past decade. While the company's 10-year median is 73.92 vs. the industry median of 59.92, Air Water 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 59.92, based on 1,556 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 Water's current Days Payable of 66.39 is 10.8% 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 Water and its competitors. For the Chemicals industry, the median Days Payable is 59.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Water's current Days Payable is 66.39, which is 10% below median its own 10-year median of 73.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Water stock overvalued right now?
Based on GuruFocus' analysis, Air Water (AWTRF) is currently considered Modestly Overvalued. The stock's GF Value™ is $11.73, compared to a current price of $14.75 — trading 25.7% above its estimated fair value. The current Days Payable is 66.39, which is 10% below median its 10-year median of 73.92 and 10.8% above the Chemicals industry median of 59.92. Air Water's overall GF Score™ is 86/100 with 14 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 Water (AWTRF), the current Days Payable is 66.39 as of Sep. 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 Water (AWTRF) Overvalued in 2026?

Based on GuruFocus' analysis, Air Water stock appears to be overvalued. The current stock price of $14.75 is trading 25.7% above its estimated GF Value™ of $11.73. GuruFocus considers Air Water to be Modestly Overvalued.

Key valuation signals for AWTRF:

  • Days Payable: 66.39 (10% below median its 10-year median of 73.92)
  • GF Value™: $11.73 vs. price of $14.75 (25.7% above fair value)
  • GF Score™: 86/100 with 14 warning signs
  • Industry Position: 10.8% above the Chemicals median (#690 of 1556)

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


Air Water Business Description

Other Exchanges 4088:Japan0AW:Germany
Address 2-12-8 Minamisenba, Chuo-ku, Osaka, JPN, 542-0081
Air Water Inc is a diversified conglomerate engaged in the supply of industrial gases and various other businesses and services. The company operates through five segments. The Agri & Foods segment covers the processing and distribution of fruits and vegetables, frozen foods, meat products, and contract manufacturing of beverages. The Digital & Industry segment focuses on industrial gases, electrical, and functional materials. The Energy Solutions segment deals with LP gas, kerosene, and related equipment. The Health & Safety segment provides medical gases, dental and protective materials, hospital equipment, and home medical care services. The Other Businesses segment includes logistics, salt production, overseas industrial gas operations, biomass power, and high-output UPS solutions.
86GF Score

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

$14.75
Price
$11.73
GF Value