Borr Drilling (OSL:BORR) Accounts Payable & Accrued Expense : kr2,230 Mil (As of Dec. 2023)

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What is Borr Drilling Accounts Payable & Accrued Expense?

Borr Drilling's quarterly accounts payable & accrued expense increased from Jun. 2023 (kr2,210 Mil) to Sep. 2023 (kr3,033 Mil) but then declined from Sep. 2023 (kr3,033 Mil) to Dec. 2023 (kr2,230 Mil).

Borr Drilling's annual accounts payable & accrued expense increased from Dec. 2021 (kr1,005 Mil) to Dec. 2022 (kr2,376 Mil) but then declined from Dec. 2022 (kr2,376 Mil) to Dec. 2023 (kr2,230 Mil).

Borr Drilling Accounts Payable & Accrued Expense Historical Data

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

Borr Drilling Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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907.81

732.27

1,004.99

2,376.16

2,230.14

Borr Drilling 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															2,376.16	2,543.55	2,210.02	3,032.95	2,230.14

Borr 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.

Borr Drilling (OSL:BORR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Borr Drilling Ltd (OSL:BORR) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

BORR:USA BDRILLo:Sweden BORRo:UK 0BDR:UK B2W:Germany

Address

9 Par-la-Ville Road, S.E. Pearman Building, 2nd Floor, Hamilton, BMU, HM11

Website

http://www.borrdrilling.com

Borr Drilling Ltd is a drilling contractor that owns and operates jack-up rigs of modern and high-specification designs providing drilling services to the oil and gas exploration and production industry. The company operates a fleet of 16 jack-up drilling rigs. Geographically the activities are carried out through Norway.