Helmerich and Payne Inc (HP)
Days of inventory on hand (DOH)
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 20.64 | 18.58 | 14.48 | 18.69 | 14.94 | |
| DOH | days | 17.68 | 19.65 | 25.20 | 19.52 | 24.44 |
September 30, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 20.64
= 17.68
As the table provided does not contain specific data for days of inventory on hand (DOH), it is not possible to perform a detailed analysis of this specific ratio for Helmerich & Payne, Inc. Without the necessary numerical values for the DOH ratio, it is not feasible to calculate trends or make comparisons over the years. In order to conduct a thorough analysis, the specific numerical data for days of inventory on hand for the relevant years will be required. This ratio is instrumental in understanding how efficiently a company manages its inventory, and without the actual figures, no meaningful insights can be derived at this time.
Peer comparison
Sep 30, 2023