Noble Corporation plc (NE)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 2,313,340 | 1,845,270 | 1,108,400 | 855,133 | 989,804 |
| Payables | US$ in thousands | 397,622 | 395,165 | 290,690 | 120,389 | 95,159 |
| Payables turnover | 5.82 | 4.67 | 3.81 | 7.10 | 10.40 |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $2,313,340K ÷ $397,622K
= 5.82
Peer comparison
Dec 31, 2024
Company name
Symbol
Payables turnover
Noble Corporation plc
NE
5.82
Helmerich and Payne Inc
HP
14.65