Ensign Energy Services (Ensign Energy Services) Accounts Payable & Accrued Expense : $161 Mil (As of Dec. 2023)

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What is Ensign Energy Services Accounts Payable & Accrued Expense?

Ensign Energy Services's quarterly accounts payable & accrued expense increased from Jun. 2023 ($188 Mil) to Sep. 2023 ($202 Mil) but then declined from Sep. 2023 ($202 Mil) to Dec. 2023 ($161 Mil).

Ensign Energy Services's annual accounts payable & accrued expense increased from Dec. 2021 ($135 Mil) to Dec. 2022 ($191 Mil) but then declined from Dec. 2022 ($191 Mil) to Dec. 2023 ($161 Mil).

Ensign Energy Services Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ensign Energy Services'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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Ensign Energy Services Accounts Payable & Accrued Expense Chart

Ensign Energy Services Annual Data

Trend

Dec14

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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167.62

100.73

134.95

190.72

160.77

Ensign Energy Services 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															190.72	198.40	188.16	202.50	160.77

Ensign Energy Services 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.

Ensign Energy Services (Ensign Energy Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ensign Energy Services Inc (OTCPK:ESVIF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

ENB:Germany ESI:Canada

Address

400, 5th Avenue South West, Suite 1000, Calgary, AB, CAN, T2P 0L6

Website

https://www.ensignenergy.com

Ensign Energy Services Inc provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. In Canada, the Company's oilfield services business includes drilling rigs, oil sands/coring rigs, well servicing, underbalanced and managed pressure drilling, and equipment rental services. In the United States, it offers drilling rigs, directional services, well servicing, equipment rental services, and trucking services, and Internationally, It offers drilling and workover rigs. Geographically the company operates in nine countries; Canada, the United States, Argentina, Australia, Bahrain, Kuwait, Oman, United Arab Emirates, and Venezuela.