APH · 10-Q · 2026Q2 · Full report

Supply Chain and Inventory

AMPHENOL CORP /DE/ · 2026-07-31 · Importance 64 · Surprise 56 · In source text

Inventories increased $1,126.7 million to $4,551.6 million at June 30, 2026, primarily reflecting the 2026 acquisitions and higher sales levels in the second quarter. Inventory days were 76 compared with 77 at December 31, 2025, indicating that inventory growth broadly tracked the higher operating volume rather than a significant buildup in days. Accounts payable increased $1,347.2 million to $4,009.1 million, driven by increased purchasing activity associated with higher sales, acquisitions and currency translation; payable days rose to 69 from 60.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
assetspositiverealized+2.5%Inventories increased $1,126.7 to $4,551.6 as of June 30, 2026 primarily due to the 2026 Acquisitions and higher sales; inventory days…