Vantage Drilling International (Vantage Drilling International) Accounts Payable & Accrued Expense : $71.8 Mil (As of Jun. 2023)

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What is Vantage Drilling International Accounts Payable & Accrued Expense?

Vantage Drilling International's quarterly accounts payable & accrued expense increased from Dec. 2022 ($67.8 Mil) to Mar. 2023 ($77.7 Mil) but then declined from Mar. 2023 ($77.7 Mil) to Jun. 2023 ($71.8 Mil).

Vantage Drilling International's annual accounts payable & accrued expense increased from Dec. 2020 ($32.6 Mil) to Dec. 2021 ($41.1 Mil) and increased from Dec. 2021 ($41.1 Mil) to Dec. 2022 ($67.8 Mil).

Vantage Drilling International Accounts Payable & Accrued Expense Historical Data

The historical data trend for Vantage Drilling International'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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Vantage Drilling International Accounts Payable & Accrued Expense Chart

Vantage Drilling International Annual Data

Trend

Dec13

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Dec15

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Dec17

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Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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50.37

57.23

32.56

41.15

67.84

Vantage Drilling International Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															56.04	66.43	67.84	77.71	71.80

Vantage Drilling International 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.

Vantage Drilling International (Vantage Drilling International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vantage Drilling International Ltd (OTCPK:VTDRF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Vantage Energy Services, Inc., 777 Post Oak Boulevard, Suite 440, Houston, TX, USA, 77056

Website

https://www.vantagedrilling.com

Vantage Drilling International is an offshore drilling contractor. It operates and manages a fleet of drilling units. Its principal business is to contract drilling units, related equipment, and work crews on a day rate basis to drill oil and natural gas wells. Its rig fleet consists of ultra-deep-water drillships, including Platinum Explorer and Tungsten Explorer; and Jackups, including Topaz Driller and Soehanah. The company's geographical segments includes Drilling Services and Managed Services. It operates in Cayman Islands, Montenegro, Qatar, India, Indonesia, Lebanon, Congo, and Other Countries.

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