Helmerich & Payne Inventory Turnover Ratio 2010-2023 | HP
Helmerich & Payne inventory turnover ratio from 2010 to 2023. Inventory turnover ratio can be defined as a ratio showing how many times a company's inventory is sold and replaced over a period.
Helmerich & Payne Inventory Turnover Ratio Historical Data |
Date |
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Sector |
Industry |
Market Cap |
Revenue |
Oils/Energy |
Oil & Gas - Drilling |
$3.878B |
$2.872B |
Helmerich & Payne Inc. is engaged in the contract drilling of oil and gas wells in the U.S. and internationally. The company supplies drilling rigs, equipment, personnel, and camps on a contractual basis to explore for and develop oil and gas from onshore areas and from fixed platforms, tension-leg platforms, and spars in offshore areas. The technologically advanced FlexRigs rigs, multi-pad drilling, hydraulic fracturing coupled with horizontal drilling, have greatly increased drilling efficiencies of the firm. Helmerich & Payne divides its operations into three business segments: North America Solutions, International Solutions and Offshore Gulf of Mexico.
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