Air Liquide (XSWX:AI1) Days Payable: 123.77 (As of Dec. 2025) — Near Median


XSWX:AI1 Air Liquide SA XSWX:AI1
98 GF Score
Price CHF157.66
GF Value CHF140.88
! 5 Warning Signs
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What is Air Liquide Days Payable?

Air Liquide XSWX:AI1 98 Days Payable is 123.77 as of Dec. 2025, which is 5% above its 10-year median of 117.40. GuruFocus rates XSWX:AI1 with a GF Score™ of 98/100 and a GF Value™ of CHF140.88. The stock has 5 warning signs investors should review. Among 1,559 Chemicals companies, Air Liquide ranks better than 82.17% on this metric.

Air Liquide's average Accounts Payable for the six months ended in Dec. 2025 was CHF2,926 Mil. Air Liquide's Cost of Goods Sold for the six months ended in Dec. 2025 was CHF4,314 Mil. Hence, Air Liquide's Days Payable for the six months ended in Dec. 2025 was 123.77.

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

XSWX:AI1' s Days Payable Range Over the Past 10 Years
Min: 94.02   Med: 117.4   Max: 129.67
Current: 120.68

During the past 13 years, Air Liquide's highest Days Payable was 129.67. The lowest was 94.02. And the median was 117.40.

XSWX:AI1's Days Payable is ranked better than
82.17% of 1559 companies
in the Chemicals industry
Industry Median: 59.88 vs XSWX:AI1: 120.68

Air Liquide's Days Payable increased from Dec. 2024 (119.76) to Dec. 2025 (123.77). It may suggest that Air Liquide delayed paying its suppliers.


Air Liquide Days Payable Historical Data

* Premium members only.

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.

Air Liquide Days Payable Chart

Air Liquide Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 114.01 96.42 119.01 121.50 119.60

Air Liquide Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 112.26 118.00 119.76 118.93 123.77

XSWX:AI1 vs LIN, SHW, ECL: Days Payable 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 vs Chemicals Industry

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.


XSWX:AI1
98GF Score
Air Liquide SA XSWX:AI1
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (3098.66 + 2803.24) / 2 ) / 9005.903*365
=2950.95 / 9005.903*365
=119.60

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

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (3048.14 + 2803.24) / 2 ) / 4313.804*365 / 2
=2925.69 / 4313.804*365 / 2
=123.77

* 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 123.77 mean?
Air Liquide (XSWX:AI1) has a Days Payable of 123.77 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Air Liquide and its competitors. This is near median its historical median of 117.40. Over the past decade, Air Liquide's Days Payable has ranged from 94.02 to 129.67. According to the industry distribution chart, Air Liquide ranks #278 out of 1559 companies in the Chemicals industry, placing it in the top 17.8%.
Is Air Liquide's Days Payable too high?
Air Liquide's current Days Payable of 123.77 is near median its 10-year median of 117.40. Over the past 10 years, this metric has ranged from a low of 94.02 to a high of 129.67. The Chemicals industry median Days Payable is 59.88. Air Liquide's value of 123.77 is 106.7% above this industry median. Based on the distribution chart, Air Liquide ranks #278 out of 1559 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. 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 Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Air Liquide ranks #278 out of 1559 companies for Days Payable. This places Air Liquide in the top 18% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.88. Air Liquide's value of 123.77 is 106.7% above this benchmark. Historically, Air Liquide's own Days Payable has ranged from 94.02 to 129.67 over the past decade. While the company's 10-year median is 117.40 vs. the industry median of 59.88, Air Liquide 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 Liquide's current Days Payable of 123.77 is 106.7% 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 Liquide 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 Liquide's current Days Payable is 123.77, which is near median its own 10-year median of 117.40. 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 Days Payable of 123.77. The stock's GF Value™ is CHF140.88, compared to a current price of CHF157.66 — trading 11.9% above its estimated fair value. The current Days Payable is 123.77, which is near median its 10-year median of 117.40 and 106.7% above the Chemicals industry median of 59.88. Air Liquide's overall GF Score™ is 98/100 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 Liquide (XSWX:AI1), the current Days Payable is 123.77 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 11.9% above its estimated GF Value™ of CHF140.88.

Key valuation signals for XSWX:AI1:

  • Days Payable: 123.77 (near median its 10-year median of 117.40)
  • GF Value™: CHF140.88 vs. price of CHF157.66 (11.9% above fair value)
  • GF Score™: 98/100 with 5 warning signs
  • Industry Position: 106.7% above the Chemicals median (#278 of 1559)

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.


Air Liquide Business Description

Address 1, 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 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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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF157.66
Price
CHF140.88
GF Value