North Atlantic Drilling (FRA:2NAA) Accounts Payable & Accrued Expense : €50.1 Mil (As of Dec. 2017)

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What is North Atlantic Drilling Accounts Payable & Accrued Expense?

North Atlantic Drilling's quarterly accounts payable & accrued expense increased from Mar. 2017 (€87.0 Mil) to Jun. 2017 (€127.6 Mil) but then declined from Jun. 2017 (€127.6 Mil) to Dec. 2017 (€50.1 Mil).

North Atlantic Drilling's annual accounts payable & accrued expense declined from Dec. 2015 (€109.6 Mil) to Dec. 2016 (€96.8 Mil) and declined from Dec. 2016 (€96.8 Mil) to Dec. 2017 (€50.1 Mil).

North Atlantic Drilling Accounts Payable & Accrued Expense Historical Data

The historical data trend for North Atlantic 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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North Atlantic Drilling Accounts Payable & Accrued Expense Chart

North Atlantic Drilling Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Accounts Payable & Accrued Expense

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135.85

114.03

109.61

96.79

50.11

North Atlantic Drilling Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Dec17
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															84.91	96.79	86.96	127.63	50.11

North Atlantic 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.

North Atlantic Drilling (FRA:2NAA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » North Atlantic Drilling Ltd (FRA:2NAA) » Definitions » Accounts Payable & Accrued Expense

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Address

Website

http://www.nadlcorp.com

North Atlantic Drilling Ltd is a Bermuda-based offshore drilling contractor which focused on operations in the North Atlantic Region. The company operates offshore drilling rigs in operation offshore Norway and the United Kingdom. It also provides harsh environment drilling services to the oil and gas industry. The company's fleet of offshore drilling units of the company consists of drill ships, semi-submersible rigs, jack-up rigs and tender rigs. It operates its business in Norway, United Kingdom, and Russia and most of the revenue come from Norway.

North Atlantic Drilling (FRA:2NAA) Headlines

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