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Helmerich & Payne (HP) Non-Current Receivables (2015 - 2019)

Helmerich & Payne (HP) reported Non-Current Receivables of -$2.6 billion for Q1 2019, down 228.68% year-over-year from $2.0 billion in Q1 2018, and down 255.22% on a QoQ basis from $1.7 billion in Q4 2018.

Helmerich & Payne (HP) has 5 years of Non-Current Receivables data on file, last reported at -$2.6 billion in Q1 2019.

  • Quarterly Non-Current Receivables fell 228.68% year-over-year to -$2.6 billion in Q1 2019, while the trailing twelve-month figure through Mar 2019 was -$2.6 billion (down 228.68% YoY) and the FY2018 annual result came in at $294.2 million, up 223.71% from the prior year.
  • Non-Current Receivables eased to -$2.6 billion in Q1 2019 per HP's latest filing, from $1.7 billion in the prior quarter.
  • Across five years, Non-Current Receivables topped out at $2.1 billion in Q2 2018 and bottomed at -$2.6 billion in Q1 2019.
  • The 5-year median for Non-Current Receivables is $140.4 million (2017), against an average of $169.4 million.
  • The widest annual swing landed in 2016, when Non-Current Receivables plunged 799.05%; it then soared 12183.74% in 2018.
  • Tracing HP's Non-Current Receivables over 5 years: stood at $253.6 million in 2015, then sank by 799.05% to -$1.8 billion in 2016, then surged by 107.92% to $140.4 million in 2017, then surged by 1080.71% to $1.7 billion in 2018, then tumbled by 255.22% to -$2.6 billion in 2019.
  • Per Business Quant, the three latest HP Non-Current Receivables figures stand at -$2.6 billion (Q1 2019), $1.7 billion (Q4 2018), and $294.2 million (Q3 2018).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Receivables (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn 3.09 Mn
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn -
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn -
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn -
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn -
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn -
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn -
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn -
9 Borr Drilling 1.48 Bn 1.10 Bn - 79.40 Mn

Historic Data

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DateValue
Mar 31, 2019 -2.57 Bn
Dec 31, 2018 1.66 Bn
Sep 30, 2018 294.21 Mn
Jun 30, 2018 2.08 Bn
Mar 31, 2018 2.00 Bn
Dec 31, 2017 140.44 Mn
Sep 30, 2017 90.89 Mn
Jun 30, 2017 90.69 Mn
Mar 31, 2017 16.28 Mn
Dec 31, 2016 -1.77 Bn
Sep 30, 2016 260.94 Mn
Jun 30, 2016 1.43 Bn
Mar 31, 2016 15.14 Mn
Dec 31, 2015 253.56 Mn
Sep 30, 2015 -1.44 Bn