Operating

Change in Inventories

Air Products and Chemicals Change in Inventories decreased by 245.5% to -$16.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 151.9%, from $30.80M to -$16.00M. Over 4 years (FY 2021 to FY 2025), Change in Inventories shows a downward trend with a -6.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ2 2026Apr 30, 2026

How to read this metric

A decrease is often positive as it signals efficient inventory turnover and cash release, provided it does not lead to stockouts.

Detailed definition

This metric tracks the change in the value of raw materials, work-in-progress, and finished goods held by the company. A...

Peer comparison

Highly dependent on industry; manufacturing and device companies typically maintain higher inventory levels than software firms.

Metric ID: change_in_inventories

Historical Data

20 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Value$11.00M$10.80M$33.70M$23.60M$23.50M$13.50M$102.80M$9.50M$21.20M$0.00$48.60M$24.10M$38.30M$26.80M-$6.40M$30.80M$11.20M$200.00K$11.00M-$16.00M
QoQ Change-1.8%+212.0%-30.0%-0.4%-42.6%+661.5%-90.8%+123.2%-100.0%-50.4%+58.9%-30.0%-123.9%+581.3%-63.6%-98.2%>999%-245.5%
YoY Change+113.6%+25.0%+205.0%-59.7%-9.8%-100.0%-52.7%+153.7%+80.7%-113.2%+27.8%-70.8%-99.3%+271.9%-151.9%
Range-$16.00M$102.80M
CAGR+8.2%
Avg YoY Growth+14.7%
Median YoY Growth-9.8%

Frequently Asked Questions

What is Air Products and Chemicals's change in inventories?
Air Products and Chemicals (APD) reported change in inventories of -$16.00M in Q1 2026.
How has Air Products and Chemicals's change in inventories changed year-over-year?
Air Products and Chemicals's change in inventories decreased by 151.9% year-over-year, from $30.80M to -$16.00M.
What is the long-term trend for Air Products and Chemicals's change in inventories?
Over 4 years (2021 to 2025), Air Products and Chemicals's change in inventories has grown at a -6.7% compound annual growth rate (CAGR), from $47.20M to $35.80M.
What does change in inventories mean?
The change in the value of products and materials held in stock.