SBM Offshore NV (SBM Offshore NV) Accounts Payable & Accrued Expense : $659 Mil (As of Dec. 2023)

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What is SBM Offshore NV Accounts Payable & Accrued Expense?

SBM Offshore NV's quarterly accounts payable & accrued expense increased from Dec. 2022 ($548 Mil) to Jun. 2023 ($1,309 Mil) but then declined from Jun. 2023 ($1,309 Mil) to Dec. 2023 ($659 Mil).

SBM Offshore NV's annual accounts payable & accrued expense increased from Dec. 2021 ($461 Mil) to Dec. 2022 ($548 Mil) and increased from Dec. 2022 ($548 Mil) to Dec. 2023 ($659 Mil).

SBM Offshore NV Accounts Payable & Accrued Expense Historical Data

The historical data trend for SBM Offshore NV's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SBM Offshore NV Accounts Payable & Accrued Expense Chart

SBM Offshore NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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436.00

480.00

461.00

548.00

659.00

SBM Offshore NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															461.00	1,500.00	548.00	1,309.00	659.00

SBM Offshore NV Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

SBM Offshore NV (SBM Offshore NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » SBM Offshore NV (OTCPK:SBFFF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SBFFY:USA SBMO:Netherlands SBMOa:UK 0NIS:UK IHCB:Germany IHCB:Germany

Address

Evert van de Beekstraat 1-77, Schiphol, Amsterdam, NH, NLD, 1118 CL

Website

https://www.sbmoffshore.com

SBM Offshore NV provides floating production solutions to the offshore energy industry both in hydrocarbon and renewable markets. Its main activities are the design, supply, installation, operation, and life extension of Floating Production Storage and Offloading (FPSO) vessels. The company is also working on floating offshore wind, wave energy and research and development of products for future energy markets. It has dedicated product lines to provide specific floating equipment and products such as Turret Mooring Systems (TMS) and offshore (off)loading Terminals. The Company has two segments: Lease and Operate segment includes all earned day rates on operating lease and operate contracts, and The turnkey segment includes revenues from Turnkey supply contracts and after-sales services.