Current Assets

Inventories

Air Products and Chemicals Inventories decreased by 2.6% to $767.90M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.2%, from $769.70M to $767.90M. Over 5 years (FY 2020 to FY 2025), Inventories shows an upward trend with a 13.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ2 2026Apr 30, 2026

How to read this metric

Rising inventory relative to sales may indicate slowing demand or overproduction, while declining inventory may signal strong sales or supply constraints.

Detailed definition

The aggregate value of all raw materials, work-in-progress, and finished goods held by the company. This metric is a cri...

Peer comparison

Benchmark against inventory turnover ratios of peer healthcare and consumer goods companies.

Metric ID: 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$447.20M$453.90M$487.20M$507.50M$514.00M$514.20M$635.30M$645.60M$663.90M$651.80M$709.30M$721.20M$755.60M$766.00M$739.00M$769.70M$797.70M$776.50M$788.10M$767.90M
QoQ Change+1.5%+7.3%+4.2%+1.3%+0.0%+23.6%+1.6%+2.8%-1.8%+8.8%+1.7%+4.8%+1.4%-3.5%+4.2%+3.6%-2.7%+1.5%-2.6%
YoY Change+14.9%+13.3%+30.4%+27.2%+29.2%+26.8%+11.6%+11.7%+13.8%+17.5%+4.2%+6.7%+5.6%+1.4%+6.6%-0.2%
Range$447.20M$797.70M
CAGR+12.1%
Avg YoY Growth+13.8%
Median YoY Growth+12.5%

Frequently Asked Questions

What is Air Products and Chemicals's inventories?
Air Products and Chemicals (APD) reported inventories of $767.90M in Q1 2026.
How has Air Products and Chemicals's inventories changed year-over-year?
Air Products and Chemicals's inventories decreased by 0.2% year-over-year, from $769.70M to $767.90M.
What is the long-term trend for Air Products and Chemicals's inventories?
Over 5 years (2020 to 2025), Air Products and Chemicals's inventories has grown at a 13.9% compound annual growth rate (CAGR), from $404.80M to $776.50M.
What does inventories mean?
The total value of all goods held for production or sale.