Baker Hughes Inventory Turnover Ratio 2010-2024 | BKR

Current and historical inventory turnover ratio for Baker Hughes (BKR) from 2010 to 2024. Inventory turnover ratio can be defined as a ratio showing how many times a company's inventory is sold and replaced over a period. Baker Hughes inventory turnover ratio for the three months ending March 31, 2024 was 0.96.
Baker Hughes Inventory Turnover Ratio Historical Data
Date
Sector Industry Market Cap Revenue
Oils/Energy Oil & Gas - Field Services $32.869B $25.506B
Baker Hughes Company is one of the world's largest oilfield service providers. The integrated oilfield products and digital solutions of Baker Hughes help customers efficiently and cost-effectively refine and transport hydrocarbons with low environmental concerns. Moreover, with growing demand for clean energy and the need to curb greenhouse gas emissions, countries around the world are investing in LNG terminals. This has given Baker Hughes the opportunity to expand its reach beyond oilfields in order to capitalize on contracts for manufacturing equipment that is being used in LNG facilities.
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