Air Products and Chemicals Inc

NYSE APD

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Air Products and Chemicals Inc Accounts Payable Turnover Ratio for the quarter ending March 31, 2024: 1.05

Air Products and Chemicals Inc Accounts Payable Turnover Ratio is 1.05 for the quarter ending March 31, 2024, a -18.10% change year over year. The accounts payable turnover ratio measures the number of times a company pays off its accounts payable during a specific period. It is calculated by dividing the company's revenue by its accounts payable. This ratio indicates how efficiently a company manages its outstanding payments to suppliers and vendors. A higher turnover ratio suggests that the company is paying off its obligations quickly, while a lower ratio may indicate a slower payment process or potential liquidity issues.
  • Air Products and Chemicals Inc Accounts Payable Turnover Ratio for the quarter ending March 31, 2023 was 1.29, a 5.07% change year over year.
  • Air Products and Chemicals Inc Accounts Payable Turnover Ratio for the quarter ending March 31, 2022 was 1.22, a -0.13% change year over year.
  • Air Products and Chemicals Inc Accounts Payable Turnover Ratio for the quarter ending March 31, 2021 was 1.23, a -8.84% change year over year.
  • Air Products and Chemicals Inc Accounts Payable Turnover Ratio for the quarter ending March 31, 2020 was 1.34, a -7.01% change year over year.
NYSE: APD

Air Products and Chemicals Inc

CEO Mr. Seifollah Ghasemi
IPO Date Jan. 1, 1987
Location United States
Headquarters 1940 Air Products Boulevard, Allentown, PA, United States, 18106-5500
Employees 23,000
Sector Basic Materials
Industry Specialty chemicals
Description

Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals. It also designs and manufactures equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction, and liquid helium and liquid hydrogen transport and storage. The company was founded in 1940 and is headquartered in Allentown, Pennsylvania.

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StockViz Staff

September 19, 2024

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