Inventory Turnover (Annual)

Inventory Turnover: A ratio showing how many times a company's inventory is sold and replaced over a period. Calculated as: Cost of Goods Sold / Total Inventory

Patterson-UTI Energy, Inc. (PTEN) had Inventory Turnover of 15.55 for the most recently reported fiscal year, ending 2023-12-31.

Quarterly Annual

Figures for fiscal year ending 2023-12-31

Income Statement Financials
Revenue	$4.15B
Net Income	$246.29M
Cost of Goods Sold	$2.81B
Gross Profit	$1.34B
Operating Expenses	$3.79B
Operating Income	$351.95M
Non-Operating Income/Expense	$-44.85M
Pre-Tax Income	$307.10M
Normalized Pre-Tax Income	$307.10M
Income after Taxes	$245.95M
Income from Continuous Operations	$245.95M
Consolidated Net Income/Loss	$245.95M
Normalized Income after Taxes	$245.95M
EBIT	$351.95M
EBITDA	$1.08B
Weighted-Average Shares Outstanding (Basic)	279.50M
Weighted-Average Shares Outstanding (Diluted)	280.06M
Earnings per Share (EPS) (Basic)	$0.88
Earnings per Share (EPS) (Diluted)	$0.88
Balance Sheet Financials
Current Assets	$1.49B
Property, Plant, and Equipment	$3.34B
Long-Term Assets	$5.82B
Total Assets	$7.42B
Current Liabilities	$1.05B
Long-Term Debt	$1.24B
Long-Term Liabilities	$1.55B
Total Liabilities	$2.60B
Common Equity	$4.82B
Tangible Shareholders Equity	$2.39B
Shareholders Equity	$4.82B
Common Shares Outstanding	411.19M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$1.01B
Cash Flow from Investing Activities	$-1.02B
Cash Flow from Financial Activities	$65.57M
Beginning Cash	$137.55M
End Cash	$192.68M
Increase/Decrease in Cash	$55.13M
Stock-Based Compensation	$46.75M
Common Stock Dividends Paid	$-100.03M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.41
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.20
Debt to Equity Ratio	0.27
Gross Margin	32.20%
Operating Margin	8.49%
EBIT Margin	8.49%
EBITDA Margin	26.13%
Pre-Tax Profit Margin	7.41%
Profit Margin	5.94%
Free Cash Flow	$416.72M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.56
Inventory Turnover	15.55
Receiveable Turnover	4.27
Days Sales in Receivables	85.48
Return on Equity	5.10%
Return on Tangible Equity	10.29%
Return on Assets	3.31%
Return on Investments	4.06%
Book Value Per Share	$11.72
Free Cash Flow per Share	$1.49
Operating Cash Flow per Share	$3.59

Data from Zacks Investment Research, Inc.