Patterson-UTI Energy Inc (PTEN)

Receivables turnover

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Revenue US$ in thousands 4,826,620 5,377,910 4,146,460 2,647,590 1,357,080
Receivables US$ in thousands 723,277 821,823 1,029,050 565,919 356,150
Receivables turnover 6.67 6.54 4.03 4.68 3.81

December 31, 2025 calculation

Receivables turnover = Revenue ÷ Receivables
= $4,826,620K ÷ $723,277K
= 6.67


Peer comparison

Dec 31, 2025

Company name
Symbol
Receivables turnover
Patterson-UTI Energy Inc
PTEN
6.67
Helmerich and Payne Inc
HP
4.79
Noble Corporation plc
NE
3.84