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-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), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31), 10-K (reporting date: 2012-12-31), 10-Q (reporting date: 2012-09-30), 10-Q (reporting date: 2012-06-30), 10-Q (reporting date: 2012-03-31), 10-K (reporting date: 2011-12-31), 10-Q (reporting date: 2011-09-30), 10-Q (reporting date: 2011-06-30), 10-Q (reporting date: 2011-03-31).
Short-term activity ratio | Description | The company |
---|---|---|
Inventory turnover | An activity ratio calculated as cost of goods sold divided by inventory. | National Oilwell Varco Inc. inventory turnover ratio deteriorated from Q4 2015 to Q1 2016 and from Q1 2016 to Q2 2016. |
Receivables turnover | An activity ratio equal to revenue divided by receivables. | National Oilwell Varco Inc. receivables turnover ratio improved from Q4 2015 to Q1 2016 but then deteriorated significantly from Q1 2016 to Q2 2016. |
Payables turnover | An activity ratio calculated as cost of goods sold divided by payables. | National Oilwell Varco Inc. payables turnover ratio increased from Q4 2015 to Q1 2016 but then slightly decreased from Q1 2016 to Q2 2016 not reaching Q4 2015 level. |
Working capital turnover | An activity ratio calculated as revenue divided by working capital. | National Oilwell Varco Inc. working capital turnover ratio deteriorated from Q4 2015 to Q1 2016 and from Q1 2016 to Q2 2016. |
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. | National Oilwell Varco Inc. number of days of inventory outstanding deteriorated from Q4 2015 to Q1 2016 and from Q1 2016 to Q2 2016. |
Average receivable collection period | An activity ratio equal to the number of days in the period divided by receivables turnover. | National Oilwell Varco Inc. number of days of receivables outstanding improved from Q4 2015 to Q1 2016 but then deteriorated significantly from Q1 2016 to Q2 2016. |
Operating cycle | Equal to average inventory processing period plus average receivables collection period. | National Oilwell Varco Inc. operating cycle deteriorated from Q4 2015 to Q1 2016 and from Q1 2016 to Q2 2016. |
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. | National Oilwell Varco Inc. cash conversion cycle deteriorated from Q4 2015 to Q1 2016 and from Q1 2016 to Q2 2016. |
Inventory Turnover
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 | Dec 31, 2013 | Sep 30, 2013 | Jun 30, 2013 | Mar 31, 2013 | Dec 31, 2012 | Sep 30, 2012 | Jun 30, 2012 | Mar 31, 2012 | Dec 31, 2011 | Sep 30, 2011 | Jun 30, 2011 | Mar 31, 2011 | ||||||||
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Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||
Cost of revenue | 1,689) | 1,945) | 2,363) | 2,634) | 3,054) | 3,643) | 4,173) | 4,059) | 3,800) | 3,599) | 4,675) | 4,327) | 4,335) | 4,043) | 4,290) | 3,948) | 3,428) | 3,036) | 2,984) | 2,576) | 2,430) | 2,171) | |||||||
Inventories, net | 4,287) | 4,534) | 4,678) | 5,172) | 5,394) | 5,378) | 5,281) | 5,464) | 5,198) | 5,659) | 5,603) | 6,078) | 6,083) | 6,135) | 5,891) | 5,989) | 5,501) | 4,528) | 4,030) | 3,907) | 3,756) | 3,570) | |||||||
Short-term Activity Ratio | |||||||||||||||||||||||||||||
Inventory turnover1 | 2.01 | 2.20 | 2.50 | 2.61 | 2.77 | 2.91 | 2.96 | 2.95 | 3.16 | 2.99 | 3.10 | 2.80 | 2.73 | 2.56 | 2.50 | 2.24 | 2.19 | 2.44 | 2.52 | — | — | — | |||||||
Benchmarks | |||||||||||||||||||||||||||||
Inventory Turnover, Competitors2 | |||||||||||||||||||||||||||||
Schlumberger Ltd. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on: 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), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31), 10-K (reporting date: 2012-12-31), 10-Q (reporting date: 2012-09-30), 10-Q (reporting date: 2012-06-30), 10-Q (reporting date: 2012-03-31), 10-K (reporting date: 2011-12-31), 10-Q (reporting date: 2011-09-30), 10-Q (reporting date: 2011-06-30), 10-Q (reporting date: 2011-03-31).
1 Q2 2016 Calculation
Inventory turnover
= (Cost of revenueQ2 2016
+ Cost of revenueQ1 2016
+ Cost of revenueQ4 2015
+ Cost of revenueQ3 2015)
÷ Inventories, net
= (1,689 + 1,945 + 2,363 + 2,634)
÷ 4,287 = 2.01
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. | National Oilwell Varco Inc. inventory turnover ratio deteriorated from Q4 2015 to Q1 2016 and from Q1 2016 to Q2 2016. |
Receivables Turnover
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 | Dec 31, 2013 | Sep 30, 2013 | Jun 30, 2013 | Mar 31, 2013 | Dec 31, 2012 | Sep 30, 2012 | Jun 30, 2012 | Mar 31, 2012 | Dec 31, 2011 | Sep 30, 2011 | Jun 30, 2011 | Mar 31, 2011 | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||
Revenue | 1,724) | 2,189) | 2,722) | 3,306) | 3,909) | 4,820) | 5,709) | 5,587) | 5,255) | 4,889) | 6,172) | 5,789) | 5,601) | 5,307) | 5,685) | 5,319) | 4,734) | 4,303) | 4,259) | 3,740) | 3,513) | 3,146) | |||||||
Receivables, net | 2,044) | 2,212) | 2,926) | 3,325) | 3,476) | 4,024) | 4,416) | 4,482) | 4,427) | 5,310) | 4,896) | 4,801) | 4,424) | 4,279) | 4,320) | 4,033) | 3,860) | 3,330) | 3,291) | 3,109) | 2,849) | 2,757) | |||||||
Short-term Activity Ratio | |||||||||||||||||||||||||||||
Receivables turnover1 | 4.86 | 5.48 | 5.04 | 5.34 | 5.76 | 5.31 | 4.86 | 4.89 | 4.99 | 4.23 | 4.67 | 4.66 | 4.95 | 4.92 | 4.64 | 4.62 | 4.41 | 4.75 | 4.45 | — | — | — | |||||||
Benchmarks | |||||||||||||||||||||||||||||
Receivables Turnover, Competitors2 | |||||||||||||||||||||||||||||
Schlumberger Ltd. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on: 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), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31), 10-K (reporting date: 2012-12-31), 10-Q (reporting date: 2012-09-30), 10-Q (reporting date: 2012-06-30), 10-Q (reporting date: 2012-03-31), 10-K (reporting date: 2011-12-31), 10-Q (reporting date: 2011-09-30), 10-Q (reporting date: 2011-06-30), 10-Q (reporting date: 2011-03-31).
1 Q2 2016 Calculation
Receivables turnover
= (RevenueQ2 2016
+ RevenueQ1 2016
+ RevenueQ4 2015
+ RevenueQ3 2015)
÷ Receivables, net
= (1,724 + 2,189 + 2,722 + 3,306)
÷ 2,044 = 4.86
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. | National Oilwell Varco Inc. receivables turnover ratio improved from Q4 2015 to Q1 2016 but then deteriorated significantly from Q1 2016 to Q2 2016. |
Payables Turnover
Based on: 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), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31), 10-K (reporting date: 2012-12-31), 10-Q (reporting date: 2012-09-30), 10-Q (reporting date: 2012-06-30), 10-Q (reporting date: 2012-03-31), 10-K (reporting date: 2011-12-31), 10-Q (reporting date: 2011-09-30), 10-Q (reporting date: 2011-06-30), 10-Q (reporting date: 2011-03-31).
1 Q2 2016 Calculation
Payables turnover
= (Cost of revenueQ2 2016
+ Cost of revenueQ1 2016
+ Cost of revenueQ4 2015
+ Cost of revenueQ3 2015)
÷ Accounts payable
= (1,689 + 1,945 + 2,363 + 2,634)
÷ 434 = 19.89
Short-term activity ratio | Description | The company |
---|---|---|
Payables turnover | An activity ratio calculated as cost of goods sold divided by payables. | National Oilwell Varco Inc. payables turnover ratio increased from Q4 2015 to Q1 2016 but then slightly decreased from Q1 2016 to Q2 2016 not reaching Q4 2015 level. |
Working Capital Turnover
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 | Dec 31, 2013 | Sep 30, 2013 | Jun 30, 2013 | Mar 31, 2013 | Dec 31, 2012 | Sep 30, 2012 | Jun 30, 2012 | Mar 31, 2012 | Dec 31, 2011 | Sep 30, 2011 | Jun 30, 2011 | Mar 31, 2011 | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||
Current assets | 9,204) | 10,048) | 11,801) | 12,933) | 14,167) | 15,299) | 16,162) | 16,670) | 16,003) | 17,211) | 16,423) | 16,255) | 15,221) | 14,994) | 15,678) | 13,667) | 13,014) | 12,836) | 12,110) | 12,038) | 11,226) | 10,739) | |||||||
Less: Current liabilities | 2,947) | 3,435) | 4,249) | 5,193) | 5,672) | 6,667) | 7,374) | 7,201) | 6,915) | 7,098) | 6,678) | 6,317) | 5,619) | 5,546) | 5,649) | 5,681) | 6,481) | 5,445) | 5,416) | 4,744) | 4,250) | 4,132) | |||||||
Working capital | 6,257) | 6,613) | 7,552) | 7,740) | 8,495) | 8,632) | 8,788) | 9,469) | 9,088) | 10,113) | 9,745) | 9,938) | 9,602) | 9,448) | 10,029) | 7,986) | 6,533) | 7,391) | 6,694) | 7,294) | 6,976) | 6,607) | |||||||
Revenue | 1,724) | 2,189) | 2,722) | 3,306) | 3,909) | 4,820) | 5,709) | 5,587) | 5,255) | 4,889) | 6,172) | 5,789) | 5,601) | 5,307) | 5,685) | 5,319) | 4,734) | 4,303) | 4,259) | 3,740) | 3,513) | 3,146) | |||||||
Short-term Activity Ratio | |||||||||||||||||||||||||||||
Working capital turnover1 | 1.59 | 1.83 | 1.95 | 2.29 | 2.36 | 2.48 | 2.44 | 2.31 | 2.43 | 2.22 | 2.35 | 2.25 | 2.28 | 2.23 | 2.00 | 2.33 | 2.61 | 2.14 | 2.19 | — | — | — | |||||||
Benchmarks | |||||||||||||||||||||||||||||
Working Capital Turnover, Competitors2 | |||||||||||||||||||||||||||||
Schlumberger Ltd. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on: 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), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31), 10-K (reporting date: 2012-12-31), 10-Q (reporting date: 2012-09-30), 10-Q (reporting date: 2012-06-30), 10-Q (reporting date: 2012-03-31), 10-K (reporting date: 2011-12-31), 10-Q (reporting date: 2011-09-30), 10-Q (reporting date: 2011-06-30), 10-Q (reporting date: 2011-03-31).
1 Q2 2016 Calculation
Working capital turnover
= (RevenueQ2 2016
+ RevenueQ1 2016
+ RevenueQ4 2015
+ RevenueQ3 2015)
÷ Working capital
= (1,724 + 2,189 + 2,722 + 3,306)
÷ 6,257 = 1.59
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. | National Oilwell Varco Inc. working capital turnover ratio deteriorated from Q4 2015 to Q1 2016 and from Q1 2016 to Q2 2016. |
Average Inventory Processing Period
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 | Dec 31, 2013 | Sep 30, 2013 | Jun 30, 2013 | Mar 31, 2013 | Dec 31, 2012 | Sep 30, 2012 | Jun 30, 2012 | Mar 31, 2012 | Dec 31, 2011 | Sep 30, 2011 | Jun 30, 2011 | Mar 31, 2011 | ||||||||
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Selected Financial Data | |||||||||||||||||||||||||||||
Inventory turnover | 2.01 | 2.20 | 2.50 | 2.61 | 2.77 | 2.91 | 2.96 | 2.95 | 3.16 | 2.99 | 3.10 | 2.80 | 2.73 | 2.56 | 2.50 | 2.24 | 2.19 | 2.44 | 2.52 | — | — | — | |||||||
Short-term Activity Ratio (no. days) | |||||||||||||||||||||||||||||
Average inventory processing period1 | 181 | 166 | 146 | 140 | 132 | 125 | 123 | 124 | 116 | 122 | 118 | 131 | 134 | 143 | 146 | 163 | 167 | 150 | 145 | — | — | — | |||||||
Benchmarks (no. days) | |||||||||||||||||||||||||||||
Average Inventory Processing Period, Competitors2 | |||||||||||||||||||||||||||||
Schlumberger Ltd. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on: 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), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31), 10-K (reporting date: 2012-12-31), 10-Q (reporting date: 2012-09-30), 10-Q (reporting date: 2012-06-30), 10-Q (reporting date: 2012-03-31), 10-K (reporting date: 2011-12-31), 10-Q (reporting date: 2011-09-30), 10-Q (reporting date: 2011-06-30), 10-Q (reporting date: 2011-03-31).
1 Q2 2016 Calculation
Average inventory processing period = 365 ÷ Inventory turnover
= 365 ÷ 2.01 = 181
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. | National Oilwell Varco Inc. number of days of inventory outstanding deteriorated from Q4 2015 to Q1 2016 and from Q1 2016 to Q2 2016. |
Average Receivable Collection Period
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 | Dec 31, 2013 | Sep 30, 2013 | Jun 30, 2013 | Mar 31, 2013 | Dec 31, 2012 | Sep 30, 2012 | Jun 30, 2012 | Mar 31, 2012 | Dec 31, 2011 | Sep 30, 2011 | Jun 30, 2011 | Mar 31, 2011 | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data | |||||||||||||||||||||||||||||
Receivables turnover | 4.86 | 5.48 | 5.04 | 5.34 | 5.76 | 5.31 | 4.86 | 4.89 | 4.99 | 4.23 | 4.67 | 4.66 | 4.95 | 4.92 | 4.64 | 4.62 | 4.41 | 4.75 | 4.45 | — | — | — | |||||||
Short-term Activity Ratio (no. days) | |||||||||||||||||||||||||||||
Average receivable collection period1 | 75 | 67 | 72 | 68 | 63 | 69 | 75 | 75 | 73 | 86 | 78 | 78 | 74 | 74 | 79 | 79 | 83 | 77 | 82 | — | — | — | |||||||
Benchmarks (no. days) | |||||||||||||||||||||||||||||
Average Receivable Collection Period, Competitors2 | |||||||||||||||||||||||||||||
Schlumberger Ltd. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on: 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), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31), 10-K (reporting date: 2012-12-31), 10-Q (reporting date: 2012-09-30), 10-Q (reporting date: 2012-06-30), 10-Q (reporting date: 2012-03-31), 10-K (reporting date: 2011-12-31), 10-Q (reporting date: 2011-09-30), 10-Q (reporting date: 2011-06-30), 10-Q (reporting date: 2011-03-31).
1 Q2 2016 Calculation
Average receivable collection period = 365 ÷ Receivables turnover
= 365 ÷ 4.86 = 75
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. | National Oilwell Varco Inc. number of days of receivables outstanding improved from Q4 2015 to Q1 2016 but then deteriorated significantly from Q1 2016 to Q2 2016. |
Operating Cycle
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 | Dec 31, 2013 | Sep 30, 2013 | Jun 30, 2013 | Mar 31, 2013 | Dec 31, 2012 | Sep 30, 2012 | Jun 30, 2012 | Mar 31, 2012 | Dec 31, 2011 | Sep 30, 2011 | Jun 30, 2011 | Mar 31, 2011 | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data | |||||||||||||||||||||||||||||
Average inventory processing period | 181 | 166 | 146 | 140 | 132 | 125 | 123 | 124 | 116 | 122 | 118 | 131 | 134 | 143 | 146 | 163 | 167 | 150 | 145 | — | — | — | |||||||
Average receivable collection period | 75 | 67 | 72 | 68 | 63 | 69 | 75 | 75 | 73 | 86 | 78 | 78 | 74 | 74 | 79 | 79 | 83 | 77 | 82 | — | — | — | |||||||
Short-term Activity Ratio | |||||||||||||||||||||||||||||
Operating cycle1 | 256 | 233 | 218 | 208 | 195 | 194 | 198 | 199 | 189 | 208 | 196 | 209 | 208 | 217 | 225 | 242 | 250 | 227 | 227 | — | — | — | |||||||
Benchmarks | |||||||||||||||||||||||||||||
Operating Cycle, Competitors2 | |||||||||||||||||||||||||||||
Schlumberger Ltd. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on: 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), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31), 10-K (reporting date: 2012-12-31), 10-Q (reporting date: 2012-09-30), 10-Q (reporting date: 2012-06-30), 10-Q (reporting date: 2012-03-31), 10-K (reporting date: 2011-12-31), 10-Q (reporting date: 2011-09-30), 10-Q (reporting date: 2011-06-30), 10-Q (reporting date: 2011-03-31).
1 Q2 2016 Calculation
Operating cycle = Average inventory processing period + Average receivable collection period
= 181 + 75 = 256
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. | National Oilwell Varco Inc. operating cycle deteriorated from Q4 2015 to Q1 2016 and from Q1 2016 to Q2 2016. |
Average Payables Payment Period
Based on: 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), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31), 10-K (reporting date: 2012-12-31), 10-Q (reporting date: 2012-09-30), 10-Q (reporting date: 2012-06-30), 10-Q (reporting date: 2012-03-31), 10-K (reporting date: 2011-12-31), 10-Q (reporting date: 2011-09-30), 10-Q (reporting date: 2011-06-30), 10-Q (reporting date: 2011-03-31).
1 Q2 2016 Calculation
Average payables payment period = 365 ÷ Payables turnover
= 365 ÷ 19.89 = 18
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-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), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31), 10-K (reporting date: 2012-12-31), 10-Q (reporting date: 2012-09-30), 10-Q (reporting date: 2012-06-30), 10-Q (reporting date: 2012-03-31), 10-K (reporting date: 2011-12-31), 10-Q (reporting date: 2011-09-30), 10-Q (reporting date: 2011-06-30), 10-Q (reporting date: 2011-03-31).
1 Q2 2016 Calculation
Cash conversion cycle = Average inventory processing period + Average receivable collection period – Average payables payment period
= 181 + 75 – 18 = 238
Short-term activity ratio | Description | The company |
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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. | National Oilwell Varco Inc. cash conversion cycle deteriorated from Q4 2015 to Q1 2016 and from Q1 2016 to Q2 2016. |