Forum Energy Technologies (Forum Energy Technologies) Current Accrued Expense

: $62.5 Mil (As of Dec. 2023)

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Forum Energy Technologies's Current Accrued Expense for the quarter that ended in Dec. 2023 was $62.5 Mil.

Forum Energy Technologies's quarterly Current Accrued Expense increased from Jun. 2023 ($58.1 Mil) to Sep. 2023 ($64.2 Mil) but then declined from Sep. 2023 ($64.2 Mil) to Dec. 2023 ($62.5 Mil).

Forum Energy Technologies's annual Current Accrued Expense increased from Dec. 2021 ($58.4 Mil) to Dec. 2022 ($76.5 Mil) but then declined from Dec. 2022 ($76.5 Mil) to Dec. 2023 ($62.5 Mil).

Forum Energy Technologies Current Accrued Expense Historical Data

The historical data trend for Forum Energy Technologies's Current 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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Forum Energy Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Current Accrued Expense

86.63

67.58

58.44

76.54

62.46

Forum Energy Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Current Accrued Expense																76.54	58.84	58.13	64.18	62.46

Forum Energy Technologies Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

Forum Energy Technologies Current Accrued Expense Related Terms

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Forum Energy Technologies (Forum Energy Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Forum Energy Technologies Inc (NYSE:FET) » Definitions » Current Accrued Expense

Comparable Companies

Traded in Other Exchanges

1FE1:Germany

Address

10344 Sam Houston Park Drive, Suite 300, Houston, TX, USA, 77064

Website

https://www.f-e-t.com

Forum Energy Technologies Inc is a global products company, serving the oil, natural gas, industrial and renewable energy industries. The company designs, manufactures, and distributes products and engages in aftermarket parts supply and services that complement its product offering. Its products include highly engineered capital equipment, as well as products that are consumed in the drilling, well construction, production, and transportation of oil and natural gas. It operates in three reporting segments, namely drilling and downhole, completions, and production. Revenue largely comes from consumable products and activity-based equipment. Consumable products include valves, centrifugal pumps, mud pump fluid end components, rig sensors, inserts, and dies.

Executives

C Christopher Gaut	director, officer: President, CEO & COB	1401 MCKINNEY STREET, SUITE 2400, HOUSTON TX 77010
John C Ivascu	officer: SVP and General Counsel	920 MEMORIAL CITY WAY, SUITE 1000, HOUSTON TX 77024
Neal Lux	officer: SVP Operations	10344 SAM HOUSTON PARK DRIVE, SUITE 300, HOUSTON TX 77064
Katherine Campbell Keller	officer: VP PAO	10344 SAM HOUSTON PARK DRIVE, SUITE 300, HOUSTON TX 77064
Scf Partners, Inc.	10 percent owner, other: Member of Group	600 TRAVIS STE 6600, HOUSTON TX 77002
Rowsey Paul E Iii	director	CRESCENT REAL ESTATE EQUAITIES LTD, 777 MAIN STREET, FORT WORTH TX 76102
Emily Reichert	director	10344 SAM HOUSTON PARK DRIVE, SUITE 300, HOUSTON TX 77064
Evelyn M Angelle	director	10200 BELLAIRE BLVD., 2NE-12A, HOUSTON TX 77072
David C Baldwin	director	11700 OLD KATY ROAD, SUITE 300, HOUSTON TX 77079
Andrew L Waite	director
Michael Dewayne Danford	officer: VP - Human Resources	3300 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
John Mcelroy	officer: Principal Accounting Officer	10344 SAM HOUSTON PARK DRIVE, HOUSTON TX 77064
Scf Gp Llc	10 percent owner	600 TRAVIS STREET, SUITE 6600, HOUSTON TX 77002
Prady Iyyanki	officer: EVP & Chief Operating Officer	920 MEMORIAL CITY WAY, SUITE 1000, HOUSTON TX 77024
James Whelan Harris	officer: SVP & CFO	920 MEMORIAL CITY WAY, STE. 800, HOUSTON TX 77024