Activity ratios measure how efficiently a company performs day-to-day tasks, such us the collection of receivables and management of inventory.
Short-term Activity Ratios (Summary)
Based on: 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31).
Short-term activity ratio | Description | The company |
---|---|---|
Inventory turnover | An activity ratio calculated as cost of goods sold divided by inventory. | Halliburton Co. inventory turnover ratio deteriorated from Q2 2018 to Q3 2018 and from Q3 2018 to Q4 2018. |
Receivables turnover | An activity ratio equal to revenue divided by receivables. | Halliburton Co. receivables turnover ratio improved from Q2 2018 to Q3 2018 and from Q3 2018 to Q4 2018. |
Payables turnover | An activity ratio calculated as cost of goods sold divided by payables. | Halliburton Co. payables turnover ratio decreased from Q2 2018 to Q3 2018 but then increased from Q3 2018 to Q4 2018 exceeding Q2 2018 level. |
Working capital turnover | An activity ratio calculated as revenue divided by working capital. | Halliburton Co. working capital turnover ratio improved from Q2 2018 to Q3 2018 and from Q3 2018 to Q4 2018. |
Short-term activity ratio | Description | The company |
---|---|---|
Average inventory processing period | An activity ratio equal to the number of days in the period divided by inventory turnover over the period. | Halliburton Co. number of days of inventory outstanding deteriorated from Q2 2018 to Q3 2018 and from Q3 2018 to Q4 2018. |
Average receivable collection period | An activity ratio equal to the number of days in the period divided by receivables turnover. | Halliburton Co. number of days of receivables outstanding improved from Q2 2018 to Q3 2018 and from Q3 2018 to Q4 2018. |
Operating cycle | Equal to average inventory processing period plus average receivables collection period. | |
Average payables payment period | An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period. | |
Cash conversion cycle | A financial metric that measures the length of time required for a company to convert cash invested in its operations to cash received as a result of its operations; equal to average inventory processing period plus average receivables collection period minus average payables payment period. | Halliburton Co. cash conversion cycle deteriorated from Q2 2018 to Q3 2018 and from Q3 2018 to Q4 2018. |
Inventory Turnover
Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | |||||||
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Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||
Cost of services and product sales | 5,269) | 5,384) | 5,293) | 5,063) | 5,105) | 4,755) | 4,474) | 4,021) | 3,704) | 3,662) | 3,732) | 3,925) | 4,556) | 5,039) | 5,233) | 6,285) | 7,271) | 6,993) | 6,768) | 6,303) | ||||||
Inventories | 3,028) | 2,887) | 2,637) | 2,458) | 2,396) | 2,444) | 2,283) | 2,295) | 2,275) | 2,475) | 2,650) | 2,893) | 2,417) | 2,692) | 2,831) | 3,467) | 3,571) | 3,650) | 3,529) | 3,415) | ||||||
Short-term Activity Ratio | ||||||||||||||||||||||||||
Inventory turnover1 | 6.94 | 7.22 | 7.67 | 7.89 | 7.66 | 6.94 | 6.95 | 6.59 | 6.60 | 6.41 | 6.51 | 6.48 | 8.74 | 8.85 | 9.11 | 7.88 | 7.65 | — | — | — | ||||||
Benchmarks | ||||||||||||||||||||||||||
Inventory Turnover, Competitors2 | ||||||||||||||||||||||||||
Schlumberger Ltd. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on: 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31).
1 Q4 2018 Calculation
Inventory turnover
= (Cost of services and product salesQ4 2018
+ Cost of services and product salesQ3 2018
+ Cost of services and product salesQ2 2018
+ Cost of services and product salesQ1 2018)
÷ Inventories
= (5,269 + 5,384 + 5,293 + 5,063)
÷ 3,028 = 6.94
2 Click competitor name to see calculations.
Short-term activity ratio | Description | The company |
---|---|---|
Inventory turnover | An activity ratio calculated as cost of goods sold divided by inventory. | Halliburton Co. inventory turnover ratio deteriorated from Q2 2018 to Q3 2018 and from Q3 2018 to Q4 2018. |
Receivables Turnover
Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | |||||||
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Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||
Revenue | 5,936) | 6,172) | 6,147) | 5,740) | 5,940) | 5,444) | 4,957) | 4,279) | 4,021) | 3,833) | 3,835) | 4,198) | 5,082) | 5,582) | 5,919) | 7,050) | 8,770) | 8,701) | 8,051) | 7,348) | ||||||
Receivables, net of allowances for bad debts | 5,234) | 5,526) | 5,403) | 5,255) | 5,036) | 4,852) | 4,385) | 4,008) | 3,922) | 4,360) | 4,725) | 4,983) | 5,317) | 5,791) | 5,633) | 6,419) | 7,564) | 7,555) | 6,781) | 6,314) | ||||||
Short-term Activity Ratio | ||||||||||||||||||||||||||
Receivables turnover1 | 4.58 | 4.34 | 4.31 | 4.20 | 4.09 | 3.85 | 3.90 | 3.98 | 4.05 | 3.89 | 3.96 | 4.17 | 4.44 | 4.72 | 5.40 | 5.07 | 4.35 | — | — | — | ||||||
Benchmarks | ||||||||||||||||||||||||||
Receivables Turnover, Competitors2 | ||||||||||||||||||||||||||
Schlumberger Ltd. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on: 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31).
1 Q4 2018 Calculation
Receivables turnover
= (RevenueQ4 2018
+ RevenueQ3 2018
+ RevenueQ2 2018
+ RevenueQ1 2018)
÷ Receivables, net of allowances for bad debts
= (5,936 + 6,172 + 6,147 + 5,740)
÷ 5,234 = 4.58
2 Click competitor name to see calculations.
Short-term activity ratio | Description | The company |
---|---|---|
Receivables turnover | An activity ratio equal to revenue divided by receivables. | Halliburton Co. receivables turnover ratio improved from Q2 2018 to Q3 2018 and from Q3 2018 to Q4 2018. |
Payables Turnover
Based on: 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31).
1 Q4 2018 Calculation
Payables turnover
= (Cost of services and product salesQ4 2018
+ Cost of services and product salesQ3 2018
+ Cost of services and product salesQ2 2018
+ Cost of services and product salesQ1 2018)
÷ Accounts payable
= (5,269 + 5,384 + 5,293 + 5,063)
÷ 3,018 = 6.96
Short-term activity ratio | Description | The company |
---|---|---|
Payables turnover | An activity ratio calculated as cost of goods sold divided by payables. | Halliburton Co. payables turnover ratio decreased from Q2 2018 to Q3 2018 but then increased from Q3 2018 to Q4 2018 exceeding Q2 2018 level. |
Working Capital Turnover
Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||
Current assets | 11,151) | 11,436) | 11,436) | 11,035) | 10,777) | 10,144) | 10,260) | 9,828) | 11,677) | 11,760) | 12,580) | 19,105) | 21,609) | 14,919) | 15,224) | 13,825) | 15,068) | 14,847) | 14,165) | 13,486) | ||||||
Less: Current liabilities | 4,802) | 4,953) | 5,107) | 4,969) | 4,862) | 4,601) | 4,068) | 3,842) | 4,023) | 3,631) | 4,478) | 7,412) | 5,359) | 5,703) | 5,005) | 5,018) | 5,883) | 5,889) | 5,369) | 4,932) | ||||||
Working capital | 6,349) | 6,483) | 6,329) | 6,066) | 5,915) | 5,543) | 6,192) | 5,986) | 7,654) | 8,129) | 8,102) | 11,693) | 16,250) | 9,216) | 10,219) | 8,807) | 9,185) | 8,958) | 8,796) | 8,554) | ||||||
Revenue | 5,936) | 6,172) | 6,147) | 5,740) | 5,940) | 5,444) | 4,957) | 4,279) | 4,021) | 3,833) | 3,835) | 4,198) | 5,082) | 5,582) | 5,919) | 7,050) | 8,770) | 8,701) | 8,051) | 7,348) | ||||||
Short-term Activity Ratio | ||||||||||||||||||||||||||
Working capital turnover1 | 3.78 | 3.70 | 3.68 | 3.64 | 3.49 | 3.37 | 2.76 | 2.67 | 2.08 | 2.08 | 2.31 | 1.78 | 1.45 | 2.96 | 2.98 | 3.70 | 3.58 | — | — | — | ||||||
Benchmarks | ||||||||||||||||||||||||||
Working Capital Turnover, Competitors2 | ||||||||||||||||||||||||||
Schlumberger Ltd. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on: 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31).
1 Q4 2018 Calculation
Working capital turnover
= (RevenueQ4 2018
+ RevenueQ3 2018
+ RevenueQ2 2018
+ RevenueQ1 2018)
÷ Working capital
= (5,936 + 6,172 + 6,147 + 5,740)
÷ 6,349 = 3.78
2 Click competitor name to see calculations.
Short-term activity ratio | Description | The company |
---|---|---|
Working capital turnover | An activity ratio calculated as revenue divided by working capital. | Halliburton Co. working capital turnover ratio improved from Q2 2018 to Q3 2018 and from Q3 2018 to Q4 2018. |
Average Inventory Processing Period
Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data | ||||||||||||||||||||||||||
Inventory turnover | 6.94 | 7.22 | 7.67 | 7.89 | 7.66 | 6.94 | 6.95 | 6.59 | 6.60 | 6.41 | 6.51 | 6.48 | 8.74 | 8.85 | 9.11 | 7.88 | 7.65 | — | — | — | ||||||
Short-term Activity Ratio (no. days) | ||||||||||||||||||||||||||
Average inventory processing period1 | 53 | 51 | 48 | 46 | 48 | 53 | 53 | 55 | 55 | 57 | 56 | 56 | 42 | 41 | 40 | 46 | 48 | — | — | — | ||||||
Benchmarks (no. days) | ||||||||||||||||||||||||||
Average Inventory Processing Period, Competitors2 | ||||||||||||||||||||||||||
Schlumberger Ltd. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on: 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31).
1 Q4 2018 Calculation
Average inventory processing period = 365 ÷ Inventory turnover
= 365 ÷ 6.94 = 53
2 Click competitor name to see calculations.
Short-term activity ratio | Description | The company |
---|---|---|
Average inventory processing period | An activity ratio equal to the number of days in the period divided by inventory turnover over the period. | Halliburton Co. number of days of inventory outstanding deteriorated from Q2 2018 to Q3 2018 and from Q3 2018 to Q4 2018. |
Average Receivable Collection Period
Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data | ||||||||||||||||||||||||||
Receivables turnover | 4.58 | 4.34 | 4.31 | 4.20 | 4.09 | 3.85 | 3.90 | 3.98 | 4.05 | 3.89 | 3.96 | 4.17 | 4.44 | 4.72 | 5.40 | 5.07 | 4.35 | — | — | — | ||||||
Short-term Activity Ratio (no. days) | ||||||||||||||||||||||||||
Average receivable collection period1 | 80 | 84 | 85 | 87 | 89 | 95 | 94 | 92 | 90 | 94 | 92 | 88 | 82 | 77 | 68 | 72 | 84 | — | — | — | ||||||
Benchmarks (no. days) | ||||||||||||||||||||||||||
Average Receivable Collection Period, Competitors2 | ||||||||||||||||||||||||||
Schlumberger Ltd. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on: 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31).
1 Q4 2018 Calculation
Average receivable collection period = 365 ÷ Receivables turnover
= 365 ÷ 4.58 = 80
2 Click competitor name to see calculations.
Short-term activity ratio | Description | The company |
---|---|---|
Average receivable collection period | An activity ratio equal to the number of days in the period divided by receivables turnover. | Halliburton Co. number of days of receivables outstanding improved from Q2 2018 to Q3 2018 and from Q3 2018 to Q4 2018. |
Operating Cycle
Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data | ||||||||||||||||||||||||||
Average inventory processing period | 53 | 51 | 48 | 46 | 48 | 53 | 53 | 55 | 55 | 57 | 56 | 56 | 42 | 41 | 40 | 46 | 48 | — | — | — | ||||||
Average receivable collection period | 80 | 84 | 85 | 87 | 89 | 95 | 94 | 92 | 90 | 94 | 92 | 88 | 82 | 77 | 68 | 72 | 84 | — | — | — | ||||||
Short-term Activity Ratio | ||||||||||||||||||||||||||
Operating cycle1 | 133 | 135 | 133 | 133 | 137 | 148 | 147 | 147 | 145 | 151 | 148 | 144 | 124 | 118 | 108 | 118 | 132 | — | — | — | ||||||
Benchmarks | ||||||||||||||||||||||||||
Operating Cycle, Competitors2 | ||||||||||||||||||||||||||
Schlumberger Ltd. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on: 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31).
1 Q4 2018 Calculation
Operating cycle = Average inventory processing period + Average receivable collection period
= 53 + 80 = 133
2 Click competitor name to see calculations.
Short-term activity ratio | Description | The company |
---|---|---|
Operating cycle | Equal to average inventory processing period plus average receivables collection period. |
Average Payables Payment Period
Based on: 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31).
1 Q4 2018 Calculation
Average payables payment period = 365 ÷ Payables turnover
= 365 ÷ 6.96 = 52
Short-term activity ratio | Description | The company |
---|---|---|
Average payables payment period | An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period. |
Cash Conversion Cycle
Based on: 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31).
1 Q4 2018 Calculation
Cash conversion cycle = Average inventory processing period + Average receivable collection period – Average payables payment period
= 53 + 80 – 52 = 81
Short-term activity ratio | Description | The company |
---|---|---|
Cash conversion cycle | A financial metric that measures the length of time required for a company to convert cash invested in its operations to cash received as a result of its operations; equal to average inventory processing period plus average receivables collection period minus average payables payment period. | Halliburton Co. cash conversion cycle deteriorated from Q2 2018 to Q3 2018 and from Q3 2018 to Q4 2018. |