The historical rank and industry rank for Helmerich & Payne's Days Inventory or its related term are showing as below:
HP'
s Days Inventory Range Over the Past 10 Years
Min: 15.85 Med: 23.95 Max: 30.94
Current: 20.35
During the past 13 years, Helmerich & Payne's highest Days Inventory was 30.94. The lowest was 15.85. And the median was 23.95.
HP's Days Inventory is ranked better than 64.37% of 696
companies
in the Oil & Gas industry
Industry Median: 31.745
vs HP: 20.35
Helmerich & Payne's Days Inventory
increased
from Dec. 2023 (17.95) to Dec. 2024 (21.89).
It might indicate that Helmerich & Payne's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Helmerich & Payne's Inventory Turnover for the
three
months ended in Dec. 2024 was 4.17.
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
three
months ended in Dec. 2024 was 0.18.
Helmerich & Payne Days Inventory Historical Data
The historical data trend for Helmerich & Payne's Days 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.
Competitive Comparison of Helmerich & Payne's Days Inventory
For the Oil & Gas Drilling subindustry, Helmerich & Payne's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Helmerich & Payne's Days Inventory Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Helmerich & Payne's Days Inventory distribution charts can be found below:
* The bar in red indicates where Helmerich & Payne's Days Inventory falls into.
* 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 (NYSE:HP) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Helmerich & Payne's Inventory Turnover for the
three
months ended in Dec. 2024 is calculated as
2. 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
three
months ended in Dec. 2024 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.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Helmerich & Payne Days Inventory Related Terms
Thank you for viewing the detailed overview of Helmerich & Payne's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Helmerich & Payne Inc provides performance-driven drilling solutions and technologies that are intended to make hydrocarbon recovery safer and more economical for oil and gas exploration and production companies. The Company focus on the drilling segment of the oil and gas production value chain. Company operates in North America, Gulf of Mexico, and other international places such as Argentina, Australia, Bahrain, Colombia and the United Arab Emirates (UAE). Also own and operates a limited number of commercial real estate properties located in Tulsa, Oklahoma. It's real estate investments include a shopping center and of undeveloped real estate projects.
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