Helmerich and Payne Inc (HP)

Number of days of payables

		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	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Payables turnover		12.18	14.86	12.84	11.81	12.18	12.87	12.56	13.20	12.17	16.93	16.95	16.22	37.19	53.31	99.17	24.93	21.45	49.25	2.83	1.21
Number of days of payables	days	29.97	24.56	28.43	30.92	29.97	28.36	29.05	27.65	29.98	21.56	21.53	22.51	9.81	6.85	3.68	14.64	17.01	7.41	128.83	301.21

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 12.18
= 29.97

I'm sorry, but I cannot provide a detailed and comprehensive analysis of Helmerich & Payne, Inc.'s number of days of payables based on the provided table, as it lacks the necessary data. The "Number of days of payables" for each period is not specified, as indicated by the blank entries in the table. Without this key information, it is not possible to calculate or analyze the trend in the number of days of payables. If you could provide the specific number of days of payables for the mentioned periods, I would be able to conduct a thorough analysis of this metric for Helmerich & Payne, Inc.

Peer comparison

Dec 31, 2023

Company name

Symbol

Number of days of payables

Helmerich and Payne Inc

29.97

Nabors Industries Ltd

NBR

52.82

Patterson-UTI Energy Inc