HP (Helmerich & Payne) Change In Inventory: $-21 Mil (TTM As of Mar. 2026)

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HP Helmerich & Payne Inc HP
71 GF Score
Price $33.96
GF Value $47.75
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Helmerich & Payne Change In Inventory?

Helmerich & Payne HP -1.76% 71 Change In Inventory is $-21 Mil as of Mar. 2026. GuruFocus rates HP with a GF Score™ of 71/100 and a GF Value™ of $47.75 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Helmerich & Payne's change in inventory for the quarter that ended in Mar. 2026 was $-5 Mil. It means Helmerich & Payne's inventory increased by $5 Mil from Dec. 2025 to Mar. 2026 .

Helmerich & Payne's change in inventory for the fiscal year that ended in Sep. 2025 was $-27 Mil. It means Helmerich & Payne's inventory increased by $27 Mil from Sep. 2024 to Sep. 2025 .

Helmerich & Payne's Total Inventories for the quarter that ended in Mar. 2026 was $331 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Helmerich & Payne's Days Inventory for the quarter that ended in Mar. 2026 was 35.52.

Inventory Turnover measures how fast the company turns over its inventory within a year. Helmerich & Payne's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.57.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Helmerich & Payne's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.35.


Helmerich & Payne  (NYSE:HP) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Helmerich & Payne's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=327.678/841.914*365 / 4
=35.52

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Helmerich & Payne's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Helmerich & Payne's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Helmerich & Payne Change In Inventory Related Terms


Helmerich & Payne Change In Inventory Historical Data

* Premium members only.

The historical data trend for Helmerich & Payne's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Helmerich & Payne Change In Inventory Chart

Helmerich & Payne Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.85 -5.23 -7.83 -20.76 -26.85

Helmerich & Payne Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.60 -6.44 -9.31 -0.39 -5.14
HP
71GF Score
Helmerich & Payne Inc HP
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Helmerich & Payne Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-21 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $-21 Mil mean?
Helmerich & Payne (HP) has a Change In Inventory of $-21 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Helmerich & Payne and its competitors.
Is Helmerich & Payne's Change In Inventory too high?
Helmerich & Payne's current Change In Inventory is $-21 Mil. Overall, Helmerich & Payne has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Helmerich & Payne's Change In Inventory compare to PTEN and SDRL?
Helmerich & Payne's Change In Inventory of $-21 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for an Oil & Gas company?
A good Change In Inventory depends on the Oil & Gas industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Helmerich & Payne and its competitors. Helmerich & Payne's current Change In Inventory is $-21 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Helmerich & Payne stock overvalued right now?
Based on GuruFocus' analysis, Helmerich & Payne (HP) is currently considered Modestly Undervalued. The stock's GF Value™ is $47.75, compared to a current price of $33.96 — trading 28.9% below its estimated fair value. The current Change In Inventory is $-21 Mil. Helmerich & Payne's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Helmerich & Payne (HP), the current Change In Inventory is $-21 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Helmerich & Payne (HP) Overvalued in 2026?

Based on GuruFocus' analysis, Helmerich & Payne stock appears to be undervalued. The current stock price of $33.96 is trading 28.9% below its estimated GF Value™ of $47.75. GuruFocus considers Helmerich & Payne to be Modestly Undervalued.

Key valuation signals for HP:

  • Change In Inventory: $-21 Mil
  • GF Value™: $47.75 vs. price of $33.96 (28.9% below fair value)
  • GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the HP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Helmerich & Payne Business Description

Industry EnergyOil & Gas
Other Exchanges 0J4G:UKHPC:Germany
Address 222 North Detroit Avenue, Tulsa, OK, USA, 74120
Helmerich & Payne Inc provides performance-driven drilling solutions and technologies to make hydrocarbon recovery safer and more economical for oil and gas exploration and production companies. Focusing on the drilling segment, its technology services develop and commercialize solutions that improve drilling efficiency, accuracy, and wellbore quality and placement. The company operates through North America Solutions, International Solutions, and Offshore Solutions segments. The North America segment runs a technologically advanced AC drive drilling rig fleet in the U.S., with a presence in shale and unconventional basins, while the Offshore Solutions segment, operating rigs on fixed-leg and floating platforms, generates the majority of revenue.
71GF Score

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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$33.96
Price
$47.75
GF Value