Noble Corporation plc (NE)
Working capital turnover
| 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 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 3,451,029 | 3,295,221 | 3,057,818 | 2,773,456 | 2,670,357 | 2,616,048 | 2,589,018 | 2,568,631 | 2,177,053 | 1,813,671 | 1,413,847 | 983,706 | 928,205 | 872,395 | 832,079 | 842,835 | 819,514 | 820,312 | 917,762 | 1,155,867 |
| Total current assets | US$ in thousands | 1,289,060 | 1,443,200 | 1,258,860 | 1,410,690 | 986,865 | 971,070 | 1,061,750 | 1,031,450 | 932,618 | 872,178 | 1,051,790 | 754,626 | 480,655 | 417,960 | 455,646 | 420,910 | 467,272 | 354,595 | 602,284 | 611,186 |
| Total current liabilities | US$ in thousands | 715,973 | 919,962 | 810,362 | 900,465 | 636,998 | 603,375 | 641,680 | 515,829 | 514,151 | 462,977 | 667,098 | 268,819 | 247,639 | 234,086 | 248,394 | 241,507 | 271,584 | 203,015 | 218,351 | 199,583 |
| Working capital turnover | 6.02 | 6.30 | 6.82 | 5.44 | 7.63 | 7.11 | 6.16 | 4.98 | 5.20 | 4.43 | 3.68 | 2.02 | 3.98 | 4.74 | 4.01 | 4.70 | 4.19 | 5.41 | 2.39 | 2.81 |
June 30, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $3,451,029K ÷ ($1,289,060K – $715,973K)
= 6.02
Peer comparison
Jun 30, 2025
Company name
Symbol
Working capital turnover
Noble Corporation plc
NE
6.02
Helmerich and Payne Inc
HP
5.76