Noble Corporation plc (NE)
Cash conversion cycle
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Days of sales outstanding (DSO) | days | 80.56 | 93.07 | 95.13 | 99.00 | 87.07 | 82.35 | 77.38 | 90.77 | 97.28 | 115.85 | 123.91 | 104.48 | 104.99 | 103.55 | 90.44 | 98.58 | 116.15 | 94.01 | 71.04 | 56.28 |
| Number of days of payables | days | 48.75 | 48.13 | 62.74 | 74.18 | 66.29 | 70.99 | 78.16 | 56.16 | 70.68 | 71.23 | 95.73 | 63.74 | 59.65 | 52.48 | 53.81 | 45.37 | 59.31 | 52.02 | 52.25 | 47.43 |
| Cash conversion cycle | days | 31.82 | 44.94 | 32.39 | 24.82 | 20.79 | 11.36 | -0.79 | 34.60 | 26.59 | 44.62 | 28.18 | 40.74 | 45.34 | 51.07 | 36.62 | 53.22 | 56.83 | 41.99 | 18.79 | 8.85 |
June 30, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + 80.56 – 48.75
= 31.82
Peer comparison
Jun 30, 2025
Company name
Symbol
Cash conversion cycle
Noble Corporation plc
NE
31.82
Helmerich and Payne Inc
HP
88.56