Awilco Drilling (Awilco Drilling) Accounts Payable & Accrued Expense : $10.56 Mil (As of Jun. 2023)

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Awilco Drilling Accounts Payable & Accrued Expense Definition

Awilco Drilling's quarterly accounts payable & accrued expense increased from Jun. 2022 ($10.11 Mil) to Dec. 2022 ($10.33 Mil) and increased from Dec. 2022 ($10.33 Mil) to Jun. 2023 ($10.56 Mil).

Awilco Drilling's annual accounts payable & accrued expense increased from Dec. 2020 ($1.32 Mil) to Dec. 2021 ($10.14 Mil) and increased from Dec. 2021 ($10.14 Mil) to Dec. 2022 ($10.33 Mil).

Awilco Drilling Accounts Payable & Accrued Expense Historical Data

The historical data trend for Awilco Drilling'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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Awilco Drilling Accounts Payable & Accrued Expense Chart

Awilco Drilling Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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1.14

1.36

1.32

10.14

10.33

Awilco Drilling Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															10.14	9.99	10.11	10.33	10.56

Awilco Drilling 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.

Awilco Drilling (Awilco Drilling) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Awilco Drilling PLC (OTCPK:AWLCF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

AWDR:Norway 0AI1:Germany

Address

2 Kingshill Park, Venture Drive, Arnhall Business Park, Westhill, Aberdeen, GBR, AB32 6FL

Website

https://www.awilcodrilling.com

Awilco Drilling PLC is engaged in operating the drilling rigs. Its business is to own offshore drilling rigs for use in offshore drilling operations and to provide drilling services for oil and gas companies using these rigs. Its segment provides drilling services in the United Kingdom. The company owns and operates approximately two semi-submersible drilling rigs: the WilPhoenix and WilHunter, both standardized rigs used in the drilling of oil and gas wells in the United Kingdom sector of the North Sea.