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Air Products & Chemicals (MEX:APD) Total Inventories : MXN15,083 Mil (As of Sep. 2024)


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What is Air Products & Chemicals Total Inventories?

Air Products & Chemicals's total inventories for the quarter that ended in Sep. 2024 was MXN15,083 Mil. Air Products & Chemicals's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was MXN14,463 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Air Products & Chemicals's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was MXN-1,576.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Air Products & Chemicals's Days Inventory for the three months ended in Sep. 2024 was 31.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. Air Products & Chemicals's Inventory Turnover for the quarter that ended in Sep. 2024 was 2.87.

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 Products & Chemicals's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.23.


Air Products & Chemicals Total Inventories Historical Data

The historical data trend for Air Products & Chemicals's Total Inventories 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 Products & Chemicals Total Inventories Chart

Air Products & Chemicals Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,942.44 9,333.09 10,343.13 11,353.64 15,082.77

Air Products & Chemicals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Inventories 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 11,353.64 12,039.83 11,969.22 13,842.67 15,082.77

Air Products & Chemicals Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Air Products & Chemicals  (MEX:APD) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Air Products & Chemicals's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(58769.638+0.75 * 35867.851+0.5 * 15082.77-411544.992
-0-32236.959)/222.372
=-1,576.50

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

Air Products & Chemicals's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=14462.72/41436.267*365 / 4
=31.85

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

Air Products & Chemicals's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=41436.267 / 14462.72
=2.87

4. 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 Products & Chemicals's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=14462.72 / 62762.831
=0.23

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Air Products & Chemicals Total Inventories Related Terms

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Air Products & 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 largest supplier of hydrogen and helium in the world. It has a unique portfolio serving customers in a number of industries, including chemicals, energy, healthcare, metals, and electronics. Air Products generated $12.1 billion in revenue in fiscal 2024.