Helmerich & Payne (FRA:HPC) Receivables Turnover : 1.65 (As of Dec. 2024)

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What is Helmerich & Payne Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Helmerich & Payne's Revenue for the three months ended in Dec. 2024 was €647 Mil. Helmerich & Payne's average Accounts Receivable for the three months ended in Dec. 2024 was €392 Mil. Hence, Helmerich & Payne's Receivables Turnover for the three months ended in Dec. 2024 was 1.65.

Helmerich & Payne Receivables Turnover Historical Data

The historical data trend for Helmerich & Payne's Receivables Turnover 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.

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Helmerich & Payne Receivables Turnover Chart

Helmerich & Payne Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Receivables Turnover

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5.51

6.87

6.83

6.62

6.58

Helmerich & Payne Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															1.60	1.59	1.66	1.64	1.65

Competitive Comparison of Helmerich & Payne's Receivables Turnover

For the Oil & Gas Drilling subindustry, Helmerich & Payne's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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 Receivables Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Helmerich & Payne's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Helmerich & Payne's Receivables Turnover falls into.

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Helmerich & Payne Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Helmerich & Payne's Receivables Turnover for the fiscal year that ended in Sep. 2024 is calculated as

	Receivables Turnover (A: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2024 )	/ (	(Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )
=	2483.703	/ (	(377.696	+	377.146)	/	2 )
=	2483.703	/	377.421
=	6.58

Helmerich & Payne's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	646.823	/ (	(377.146	+	407.721)	/	2 )
=	646.823	/	392.4335
=	1.65

Helmerich & Payne (FRA:HPC) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Helmerich & Payne Receivables Turnover Related Terms

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Helmerich & Payne Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Helmerich & Payne Inc (FRA:HPC) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

HP:USA 0J4G:UK HPC:Germany

Address

222 North Detroit Avenue, Tulsa, OK, USA, 74120

Website

https://www.helmerichpayne.com

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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