Weatherford International (XSWX:WFT) Accounts Payable & Accrued Expense : CHF1,032 Mil (As of Mar. 2024)

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What is Weatherford International Accounts Payable & Accrued Expense?

Weatherford International's quarterly accounts payable & accrued expense increased from Sep. 2023 (CHF1,025 Mil) to Dec. 2023 (CHF1,041 Mil) but then declined from Dec. 2023 (CHF1,041 Mil) to Mar. 2024 (CHF1,032 Mil).

Weatherford International's annual accounts payable & accrued expense increased from Dec. 2021 (CHF795 Mil) to Dec. 2022 (CHF902 Mil) and increased from Dec. 2022 (CHF902 Mil) to Dec. 2023 (CHF1,041 Mil).

Weatherford International Accounts Payable & Accrued Expense Historical Data

The historical data trend for Weatherford International'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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Weatherford International Accounts Payable & Accrued Expense Chart

Weatherford International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,041.56

716.94

794.82

901.79

1,041.22

Weatherford International 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															831.10	861.68	1,024.64	1,041.22	1,031.67

Weatherford International 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.

Weatherford International (XSWX:WFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Weatherford International PLC (XSWX:WFT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

WFRD:USA 0WE:Germany

Address

2000 St. James Place, Houston, TX, USA, 77056

Website

https://www.weatherford.com

Weatherford International provides diversified oilfield services worldwide for an array of oilfield types. The firm is a global market leader in artificial lift and tubular running services. Other key product lines include cementing products, directional drilling, and wireline evaluation.

Weatherford International (XSWX:WFT) Headlines

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