GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Subsea 7 SA (OTCPK:SUBCY) » Definitions » Accounts Payable & Accrued Expense

Subsea 7 (Subsea 7) Accounts Payable & Accrued Expense : $1,862 Mil (As of Mar. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Subsea 7 Accounts Payable & Accrued Expense?

Subsea 7's quarterly accounts payable & accrued expense declined from Sep. 2023 ($1,567 Mil) to Dec. 2023 ($544 Mil) but then increased from Dec. 2023 ($544 Mil) to Mar. 2024 ($1,862 Mil).

Subsea 7's annual accounts payable & accrued expense increased from Dec. 2021 ($381 Mil) to Dec. 2022 ($467 Mil) and increased from Dec. 2022 ($467 Mil) to Dec. 2023 ($544 Mil).

Subsea 7 Accounts Payable & Accrued Expense Historical Data

The historical data trend for Subsea 7'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.

* Premium members only.

Subsea 7 Accounts Payable & Accrued Expense Chart

Subsea 7 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 288.40 394.80 381.30 466.80 543.90

Subsea 7 Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,331.50 1,530.70 1,567.10 543.90 1,861.90

Subsea 7 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.

Subsea 7 (Subsea 7) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Subsea 7 SA (OTCPK:SUBCY) » Definitions » Accounts Payable & Accrued Expense
Comparable Companies
OSL:AKSO OSL:TGS OSL:SIOFF OSL:PGS OSL:BWO OSL:AKAST OSL:SDNS OSL:EWIND OSL:NORAM OSL:REACH SLB HAL BKR MIL:TEN FTI WFRD SHSE:601808 NOV CHX SHSE:600968
Traded in Other Exchanges
ACGYF:USA SUBCo:Sweden SUBC:Norway SUBCo:UK 0OGK:UK SOC:Germany
Address
40 Brighton Road, Surrey, Sutton, GBR, SM2 5BN
Website
https://www.subsea7.com
Subsea 7 is one of the largest engineering and construction, or E&C, service providers in the offshore oil and gas industry. It provides a range of services, including subsea umbilicals, risers, and flowlines (SURF), fabrication, installation, maintenance, and heavy lifting, among many others. It's recently begun to develop expertise in renewables, particularly offshore wind farms, which require equipment and expertise similar to offshore oil and gas developments.

Subsea 7 (Subsea 7) Headlines

From GuruFocus

An Offshore Play by Horizon Kinetics, Chaired by the Warren Buffett of Norway

By Bram de Haas Bram de Haas • 04-20-2018

Cobas Asset Management's 3rd-Quarter Commentary

By Sydnee Gatewood • 11-05-2021