Air Liquide (XPAR:AI) Total Inventories: €2,128 Mil (As of Dec. 2025)


XPAR:AI Air Liquide SA XPAR:AI
98 GF Score
Price €169.76
GF Value €148.75
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Air Liquide Total Inventories?

Air Liquide XPAR:AI +1.99% 98 Total Inventories is €2,128 Mil as of Dec. 2025. GuruFocus rates XPAR:AI with a GF Score™ of 98/100 and a GF Value™ of €148.75 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Air Liquide's total inventories for the quarter that ended in Dec. 2025 was €2,128 Mil. Air Liquide's average total inventories from the quarter that ended in Jun. 2025 to the quarter that ended in Dec. 2025 was €2,155 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Air Liquide's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was €-29.66.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Air Liquide's Days Inventory for the six months ended in Dec. 2025 was 85.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Air Liquide's Inventory Turnover for the quarter that ended in Dec. 2025 was 2.15.

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 Liquide's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.16.


Air Liquide  (XPAR:AI) 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 Liquide's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2025 is

Net-Net Working Capital Per Share (Q: Dec. 2025 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3632+0.75 * 2866.5+0.5 * 2128.3-24966.2
-0-733.3)/635.735
=-29.66

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

Air Liquide's Days Inventory for the six months ended in Dec. 2025 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2025 )/Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=2155.15/4622.9*365 / 2
=85.08

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

Air Liquide's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2025 ) / Average Total Inventories (Q: Dec. 2025 )
=4622.9 / 2155.15
=2.15

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 Liquide's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=2155.15 / 13218
=0.16

* 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 Liquide Total Inventories Related Terms


Air Liquide Total Inventories Historical Data

* Premium members only.

The historical data trend for Air Liquide'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.

Air Liquide Total Inventories Chart

Air Liquide Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,585.10 1,961.00 2,027.60 2,189.60 2,128.30

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
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 2,027.60 2,080.40 2,189.60 2,182.00 2,128.30
XPAR:AI
98GF Score
Air Liquide SA XPAR:AI
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Air Liquide 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of €2,128 Mil mean?
Air Liquide (XPAR:AI) has a Total Inventories of €2,128 Mil as of Dec. 2025. The total amount of inventory as recorded on a company's balance sheet. View historical data for Air Liquide and its competitors.
Is Air Liquide's Total Inventories too high?
Air Liquide's current Total Inventories is €2,128 Mil. Overall, Air Liquide has a GF Score™ of 98/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air Liquide's Total Inventories compare to LIN and SHW?
Air Liquide's Total Inventories of €2,128 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Chemicals company?
A good Total Inventories depends on the Chemicals industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Air Liquide and its competitors. Air Liquide's current Total Inventories is €2,128 Mil. 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?
Based on GuruFocus' analysis, Air Liquide (XPAR:AI) is currently considered Modestly Overvalued. The stock's GF Value™ is €148.75, compared to a current price of €169.76 — trading 14.1% above its estimated fair value. The current Total Inventories is €2,128 Mil. 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 Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Air Liquide (XPAR:AI), the current Total Inventories is €2,128 Mil 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 (XPAR:AI) Overvalued in 2026?

Based on GuruFocus' analysis, Air Liquide stock appears to be overvalued. The current stock price of €169.76 is trading 14.1% above its estimated GF Value™ of €148.75. GuruFocus considers Air Liquide to be Modestly Overvalued.

Key valuation signals for XPAR:AI:

  • Total Inventories: €2,128 Mil
  • GF Value™: €148.75 vs. price of €169.76 (14.1% above fair value)
  • GF Score™: 98/100 with 5 warning signs

No single metric tells the full story. See the XPAR:AI 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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Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€169.76
Price
€148.75
GF Value