Deep Value Driller AS (STU:9YG) Accounts Payable & Accrued Expense : €8.21 Mil (As of Mar. 2024)

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What is Deep Value Driller AS Accounts Payable & Accrued Expense?

Deep Value Driller AS's quarterly accounts payable & accrued expense declined from Sep. 2023 (€22.29 Mil) to Dec. 2023 (€15.42 Mil) and declined from Dec. 2023 (€15.42 Mil) to Mar. 2024 (€8.21 Mil).

Deep Value Driller AS's annual accounts payable & accrued expense declined from Dec. 2021 (€1.15 Mil) to Dec. 2022 (€0.79 Mil) but then increased from Dec. 2022 (€0.79 Mil) to Dec. 2023 (€15.42 Mil).

Deep Value Driller AS Accounts Payable & Accrued Expense Historical Data

The historical data trend for Deep Value Driller AS'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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Deep Value Driller AS Accounts Payable & Accrued Expense Chart

Deep Value Driller AS Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

1.15

0.79

15.42

Deep Value Driller AS Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								9.75	15.63	22.29	15.42	8.21

Deep Value Driller AS 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.

Deep Value Driller AS (STU:9YG) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Deep Value Driller AS (STU:9YG) » Definitions » Accounts Payable & Accrued Expense

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DVD:Norway

Address

Munkedamsveien 45F, 8th Floor, Oslo, NOR, 0250

Website

https://www.deepvaluedriller.no/

Deep Value Driller AS is a drillship-owning company that has acquired the high-specification UDW 7th generation drillship Deep Value Driller. The activities of the company are contracting, managing, and owning drilling rigs.

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