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 Average Total Inventories for the quarter that ended in Dec. 2023 was $98 Mil. Helmerich & Payne's Revenue for the
three
months ended in Dec. 2023 was $677 Mil.
Helmerich & Payne's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.14.
Helmerich & Payne's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Sep. 2023 (0.15) to Sep. 2023 (0.14)
A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
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
three
months ended in Dec. 2023 was 17.95.
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 Dec. 2023 was 5.08.
Helmerich & Payne Inventory-to-Revenue Historical Data
The historical data trend for Helmerich & Payne's Inventory-to-Revenue 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.
* Premium members only.
Helmerich & Payne Annual Data
Trend
Sep14
Sep15
Sep16
Sep17
Sep18
Sep19
Sep20
Sep21
Sep22
Sep23
Inventory-to-Revenue
0.06
0.07
0.08
0.04
0.03
Helmerich & Payne Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Inventory-to-Revenue
0.12
0.12
0.14
0.15
0.14
Competitive Comparison
For the Oil & Gas Drilling subindustry, Helmerich & Payne's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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 Inventory-to-Revenue Distribution
For the Oil & Gas industry and Energy sector, Helmerich & Payne's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Helmerich & Payne's Inventory-to-Revenue falls into.
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 fiscal year that ended in Sep. 2023 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.
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
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
three
months ended in Dec. 2023 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 Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Helmerich & Payne's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Helmerich & Payne (Helmerich & Payne) Business Description
Helmerich & Payne has the largest fleet of U.S. land drilling rigs. The company's FlexRig line is the leading choice to drill horizontal wells for production of U.S. tight oil and gas. H&P is present in nearly every major U.S. shale play and also has a small but growing presence internationally.
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