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Air Water (Air Water) Days Payable : 67.54 (As of Dec. 2023)


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What is Air Water Days Payable?

Air Water's average Accounts Payable for the three months ended in Dec. 2023 was $1,074 Mil. Air Water's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,452 Mil. Hence, Air Water's Days Payable for the three months ended in Dec. 2023 was 67.54.

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: 63.29   Med: 71.03   Max: 91.73
Current: 71.93

During the past 13 years, Air Water's highest Days Payable was 91.73. The lowest was 63.29. And the median was 71.03.

AWTRF's Days Payable is ranked better than
60.17% of 1504 companies
in the Chemicals industry
Industry Median: 60.16 vs AWTRF: 71.93

Air Water's Days Payable increased from Dec. 2022 (66.46) to Dec. 2023 (67.54). It may suggest that Air Water delayed paying its suppliers.


Air Water Days Payable Historical Data

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.

* Premium members only.

Air Water Days Payable Chart

Air Water Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.77 84.04 80.20 78.64 75.89

Air Water Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 66.46 66.93 81.89 74.08 67.54

Competitive Comparison of Air Water's Days Payable

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's Days Payable Distribution in the 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.



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. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (1257.39 + 1246.414) / 2 ) / 6021.279*365
=1251.902 / 6021.279*365
=75.89

Air Water's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1048.551 + 1100.294) / 2 ) / 1451.541*365 / 4
=1074.4225 / 1451.541*365 / 4
=67.54

* 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 Related Terms

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Air Water (Air Water) Business Description

Traded in Other Exchanges
Address
12-8, Minami Semba 2-chome, Chuo-ku, Osaka, JPN, 542-0081
Air Water Inc manufactures and sells a variety of chemicals and chemical-based products. The firm organizes itself into five primary segments based on product type. The industrial gas segment, which generates the most revenue of any segment, sells gases including oxygen used in blast furnaces to produce steel. The chemical business sells coal and fine chemicals to the agricultural and pharmaceutical industries. The medical segment sells medical gases and sterilization equipment to hospitals and home-care facilities. The agricultural and food products segment sells delicatessen meat, frozen foods, and fruit and vegetable juices. The energy segment sells natural gas.

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