Helmerich and Payne Inc (HP)
Cash conversion cycle
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 37.49 | 43.59 | 49.03 | 22.77 | 21.23 | 20.82 | 19.27 | 17.88 | 16.39 | 17.56 | 17.63 | 16.91 | 17.49 | 18.63 | 19.41 | 21.73 | 22.36 | 25.75 | 28.53 | 25.16 |
| Days of sales outstanding (DSO) | days | 76.26 | 83.33 | 93.04 | 56.53 | 56.92 | 55.69 | 57.32 | 56.21 | 55.63 | 57.70 | 71.84 | 79.00 | 82.44 | 81.98 | 77.44 | 74.58 | 69.91 | 78.74 | 71.55 | 60.66 |
| Number of days of payables | days | 25.19 | 31.82 | 41.59 | 26.61 | 24.32 | 28.70 | 28.46 | 27.74 | 22.76 | 26.30 | 28.40 | 27.17 | 25.25 | 25.97 | 24.41 | 27.15 | 19.15 | 18.26 | 18.90 | 11.81 |
| Cash conversion cycle | days | 88.56 | 95.10 | 100.48 | 52.69 | 53.82 | 47.82 | 48.14 | 46.36 | 49.26 | 48.96 | 61.08 | 68.74 | 74.68 | 74.65 | 72.44 | 69.16 | 73.12 | 86.23 | 81.18 | 74.02 |
September 30, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 37.49 + 76.26 – 25.19
= 88.56
Peer comparison
Sep 30, 2025
Company name
Symbol
Cash conversion cycle
Helmerich and Payne Inc
HP
88.56
Noble Corporation plc
NE
31.82