Shelf Drilling (North Sea) (OSL:SDNS) Accounts Payable & Accrued Expense : kr284 Mil (As of Dec. 2023)

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What is Shelf Drilling (North Sea) Accounts Payable & Accrued Expense?

Shelf Drilling (North Sea)'s quarterly accounts payable & accrued expense increased from Jun. 2023 (kr245 Mil) to Sep. 2023 (kr314 Mil) but then declined from Sep. 2023 (kr314 Mil) to Dec. 2023 (kr284 Mil).

Shelf Drilling (North Sea)'s annual accounts payable & accrued expense increased from Dec. 2021 (kr0 Mil) to Dec. 2022 (kr257 Mil) and increased from Dec. 2022 (kr257 Mil) to Dec. 2023 (kr284 Mil).

Shelf Drilling (North Sea) Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shelf Drilling (North Sea)'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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Shelf Drilling (North Sea) Accounts Payable & Accrued Expense Chart

Shelf Drilling (North Sea) Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

256.86

283.78

Shelf Drilling (North Sea) Quarterly Data
	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial					256.86	344.41	245.08	314.23	283.78

Shelf Drilling (North Sea) 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.

Shelf Drilling (North Sea) (OSL:SDNS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Shelf Drilling (North Sea) Ltd (OSL:SDNS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lakes Towers, JLT, Floor 12, P.O. Box 212201, Jumeirah, Dubai, ARE

Website

https://www.shelfdrillingnorthsea.com

Shelf Drilling (North Sea) Ltd is a shallow-water offshore drilling contractor operating primarily in the North Sea. It is engaged in the provision of equipment and services for the drilling, completion and well maintenance of shallow water offshore oil and natural gas wells. The Group is primarily engaged in development and workover activity on producing assets, with a focus on shallow water operations in water depths of up to 500 feet.

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