Helmerich and Payne Inc (HP)
Inventory turnover
| Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 3,192,510 | 2,027,570 | 2,097,410 | 1,829,760 | 1,372,330 |
| Inventory | US$ in thousands | 324,326 | 117,884 | 94,227 | 87,957 | 84,057 |
| Inventory turnover | 9.84 | 17.20 | 22.26 | 20.80 | 16.33 |
September 30, 2025 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $3,192,510K ÷ $324,326K
= 9.84
Peer comparison
Sep 30, 2025