The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Air Products and Chemicals's Revenue for the
three
months ended in Mar. 2026 was MXN57,196 Mil. Air Products and Chemicals's average Accounts Receivable for the
three
months ended in Mar. 2026 was MXN34,530 Mil.
Hence, Air Products and Chemicals's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.66.
Air Products and Chemicals (MEX:APD) Receivables Turnover Explanation
An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.
Air Products and Chemicals Receivables Turnover Related Terms
Air Products and Chemicals Receivables Turnover Historical Data
* 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 Receivables Turnover Chart
MEX:APD vs ECL, SHW, PPG: Receivables Turnover Comparison
For the Specialty Chemicals subindustry, Air Products and Chemicals's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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 Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Air Products and Chemicals's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Air Products and Chemicals's Receivables Turnover falls into.
* 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 (MEX:APD) has a Receivables Turnover of 1.66 as of Mar. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Air Products and Chemicals and its competitors. According to the industry distribution chart, Air Products and Chemicals ranks #615 out of 1575 companies in the Chemicals industry, placing it in the top 39%.
Is Air Products and Chemicals' Receivables Turnover too high?
Air Products and Chemicals' current Receivables Turnover is 1.66. The Chemicals industry median Receivables Turnover is 5.56. Air Products and Chemicals' value of 1.66 is 70.1% below this industry median. Based on the distribution chart, Air Products and Chemicals ranks #615 out of 1575 companies in the Chemicals industry, which is above the industry midpoint. Overall, Air Products and Chemicals has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Air Products and Chemicals' Receivables Turnover compare to ECL and SHW?
According to the Chemicals industry distribution chart, Air Products and Chemicals ranks #615 out of 1575 companies for Receivables Turnover. This puts Air Products and Chemicals in the upper half of its industry. The industry median Receivables Turnover is 5.56. Air Products and Chemicals' value of 1.66 is 70.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.56, based on 1,575 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Air Products and Chemicals's current Receivables Turnover of 1.66 is 70.1% below 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Air Products and Chemicals and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Products and Chemicals's current Receivables Turnover is 1.66. 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 (MEX:APD) is currently considered Fairly Valued. The stock's GF Value™ is MXN5,034.28, compared to a current price of MXN5,254.93 — trading 4.4% above its estimated fair value. The current Receivables Turnover is 1.66 and 70.1% below the Chemicals industry median of 5.56. Air Products and Chemicals' overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Air Products and Chemicals (MEX:APD), the current Receivables Turnover is 1.66 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 (MEX:APD) Overvalued in 2026?
Based on GuruFocus' analysis, Air Products and Chemicals stock appears to be overvalued.
The current stock price of MXN5,254.93 is trading 4.4% above its estimated GF Value™ of MXN5,034.28.
GuruFocus considers Air Products and Chemicals to be Fairly Valued.
Key valuation signals for MEX:APD:
Receivables Turnover: 1.66
GF Value™: MXN5,034.28 vs. price of MXN5,254.93 (4.4% above fair value)
Industry Position: 70.1% below the Chemicals median (#615 of 1575)
No single metric tells the full story. See the MEX:APD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
77GF Score
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