Air Inventory Turnover from 2010 to 2024
APD Stock | USD 279.53 9.81 3.64% |
Inventory Turnover | First Reported 2010-12-31 | Previous Quarter 12.2 | Current Value 8.23 | Quarterly Volatility 4.19760086 |
Check Air Products financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Air Products' main balance sheet or income statement drivers, such as Depreciation And Amortization of 796.2 M, Interest Expense of 214.3 M or Selling General Administrative of 950.1 M, as well as many indicators such as Price To Sales Ratio of 4.72, Dividend Yield of 0.0187 or PTB Ratio of 2.22. Air financial statements analysis is a perfect complement when working with Air Products Valuation or Volatility modules.
Air | Inventory Turnover |
Latest Air Products' Inventory Turnover Growth Pattern
Below is the plot of the Inventory Turnover of Air Products and over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. Air Products' Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Air Products' overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover | 10 Years Trend |
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Inventory Turnover |
Timeline |
Air Inventory Turnover Regression Statistics
Arithmetic Mean | 13.10 | |
Geometric Mean | 12.35 | |
Coefficient Of Variation | 32.05 | |
Mean Deviation | 3.43 | |
Median | 13.55 | |
Standard Deviation | 4.20 | |
Sample Variance | 17.62 | |
Range | 15.683 | |
R-Value | 0.35 | |
Mean Square Error | 16.68 | |
R-Squared | 0.12 | |
Significance | 0.20 | |
Slope | 0.33 | |
Total Sum of Squares | 246.68 |
Air Inventory Turnover History
About Air Products Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Air Products income statement, its balance sheet, and the statement of cash flows. Air Products investors use historical funamental indicators, such as Air Products's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Air Products investors may use each financial statement separately, they are all related. The changes in Air Products's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Air Products's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Air Products Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Air Products. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Inventory Turnover | 12.20 | 8.23 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Air Stock
When determining whether Air Products is a strong investment it is important to analyze Air Products' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Air Products' future performance. For an informed investment choice regarding Air Stock, refer to the following important reports:Check out the analysis of Air Products Correlation against competitors. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Industrial Gases space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Air Products. If investors know Air will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Air Products listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.305 | Dividend Share 7.02 | Earnings Share 11.06 | Revenue Per Share 54.644 | Quarterly Revenue Growth (0.08) |
The market value of Air Products is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air Products' value that differs from its market value or its book value, called intrinsic value, which is Air Products' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Air Products' market value can be influenced by many factors that don't directly affect Air Products' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Air Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Air Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Products' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.