Helmerich and Payne Inc (HP)
Inventory turnover
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 3,157,753 | 2,763,001 | 2,394,130 | 2,040,661 | 2,027,018 | 2,021,131 | 2,030,280 | 2,069,800 | 2,098,338 | 2,105,035 | 2,057,846 | 1,958,758 | 1,835,197 | 1,686,255 | 1,571,596 | 1,465,723 | 1,372,164 | 1,283,366 | 1,234,529 | 1,441,289 |
| Inventory | US$ in thousands | 324,326 | 329,985 | 321,620 | 127,288 | 117,884 | 115,312 | 107,210 | 101,419 | 94,227 | 101,299 | 99,408 | 90,761 | 87,957 | 86,091 | 83,588 | 87,272 | 84,057 | 90,537 | 96,504 | 99,353 |
| Inventory turnover | 9.74 | 8.37 | 7.44 | 16.03 | 17.20 | 17.53 | 18.94 | 20.41 | 22.27 | 20.78 | 20.70 | 21.58 | 20.86 | 19.59 | 18.80 | 16.79 | 16.32 | 14.18 | 12.79 | 14.51 |
September 30, 2025 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $3,157,753K ÷ $324,326K
= 9.74
Peer comparison
Sep 30, 2025
Sep 30, 2025