Reach Subsea ASA (OSL:REACH) Accounts Payable & Accrued Expense : kr183 Mil (As of Mar. 2025)

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What is Reach Subsea ASA Accounts Payable & Accrued Expense?

Reach Subsea ASA's quarterly accounts payable & accrued expense declined from Sep. 2024 (kr326 Mil) to Dec. 2024 (kr303 Mil) and declined from Dec. 2024 (kr303 Mil) to Mar. 2025 (kr183 Mil).

Reach Subsea ASA's annual accounts payable & accrued expense increased from Dec. 2022 (kr115 Mil) to Dec. 2023 (kr253 Mil) and increased from Dec. 2023 (kr253 Mil) to Dec. 2024 (kr303 Mil).

Reach Subsea ASA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Reach Subsea ASA'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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Reach Subsea ASA Accounts Payable & Accrued Expense Chart

Reach Subsea ASA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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63.26

69.42

114.88

252.67

302.77

Reach Subsea ASA Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															253.83	313.90	325.96	302.77	183.24

Reach Subsea ASA 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.

Reach Subsea ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Reach Subsea ASA (OSL:REACH) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

REACHo:Sweden 0EMB:UK 4RS:Germany

Address

Mollervegen 6, Haugesund, NOR, 5525

Website

https://www.reachsubsea.no

Reach Subsea ASA is a Norwegian subsea service provider. The services provided by the company include vessel fleet which comprises of edda fonn which is used for survey and light construction services, havila subsea, normand reach for complex offshore operations, viking neptun for cable installation and heavy lifting, and stril explorer. It two reportable segments namely Oil and Gas and Renewable and others. The company generates maximum revenue from the Oil and Gas segment.

Reach Subsea ASA Headlines

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