Schoeller-Bleckmann Oilfield Equipment AG (LTS:0O05) Accounts Payable & Accrued Expense : €82.3 Mil (As of Dec. 2023)

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What is Schoeller-Bleckmann Oilfield Equipment AG Accounts Payable & Accrued Expense?

Schoeller-Bleckmann Oilfield Equipment AG's quarterly accounts payable & accrued expense increased from Jun. 2023 (€184.2 Mil) to Sep. 2023 (€225.9 Mil) but then declined from Sep. 2023 (€225.9 Mil) to Dec. 2023 (€82.3 Mil).

Schoeller-Bleckmann Oilfield Equipment AG's annual accounts payable & accrued expense increased from Dec. 2021 (€137.6 Mil) to Dec. 2022 (€174.4 Mil) but then declined from Dec. 2022 (€174.4 Mil) to Dec. 2023 (€82.3 Mil).

Schoeller-Bleckmann Oilfield Equipment AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Schoeller-Bleckmann Oilfield Equipment AG'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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Schoeller-Bleckmann Oilfield Equipment AG Accounts Payable & Accrued Expense Chart

Schoeller-Bleckmann Oilfield Equipment AG Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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34.06

145.83

137.65

174.44

82.29

Schoeller-Bleckmann Oilfield Equipment AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															174.44	49.06	184.25	225.90	82.29

Schoeller-Bleckmann Oilfield Equipment AG 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.

Schoeller-Bleckmann Oilfield Equipment AG (LTS:0O05) Business Description

Industry

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SLL:Germany SBO:Austria

Address

Hauptstrasse 2, Ternitz, AUT, A-2630

Website

https://www.sbo.at

Schoeller-Bleckmann Oilfield Equipment AG, or SBO, provides high-precision components worldwide and supplies oilfield equipment for the oilfield services industry. The company focuses on non-magnetic drillstring components and high-tech downhole tools for the drilling and completion of directional and horizontal wells. Schoeller-Bleckmann also provides full-scale repair and maintenance services to its client base. Tools under SBO's high-precision segment are placed in a drill string to support drill bit steering based on real-time data gathered during drilling. Oilfield equipment segment products include non-magnetic drillstring components, drilling motors, circulation tools, and well-completion equipment.

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