Precision Drilling (FRA:PRE1) Accounts Payable: €187 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:PRE1 Precision Drilling Corp FRA:PRE1
78 GF Score
Price €69.50
GF Value €64.23
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Precision Drilling Accounts Payable?

Precision Drilling FRA:PRE1 78 Accounts Payable is €187 Mil as of Jun. 2026. GuruFocus rates FRA:PRE1 with a GF Score™ of 78/100 and a GF Value™ of €64.23 (Fairly Valued). The stock has 1 warning sign investors should review.

Precision Drilling's Accounts Payable for the quarter that ended in Jun. 2026 was €187 Mil.

Precision Drilling's quarterly Accounts Payable increased from Dec. 2025 (€75 Mil) to Mar. 2026 (€174 Mil) and increased from Mar. 2026 (€174 Mil) to Jun. 2026 (€187 Mil).

Precision Drilling's annual Accounts Payable declined from Dec. 2023 (€103 Mil) to Dec. 2024 (€76 Mil) and declined from Dec. 2024 (€76 Mil) to Dec. 2025 (€75 Mil).

Precision Drilling Accounts Payable Related Terms

Precision Drilling Accounts Payable Historical Data

* Premium members only.

The historical data trend for Precision Drilling's Accounts Payable 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.

Precision Drilling Accounts Payable Chart

Precision Drilling Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.75 280.98 103.45 75.97 74.53

Precision Drilling Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 159.15 162.77 74.53 174.29 187.14
FRA:PRE1
78GF Score
Precision Drilling Corp FRA:PRE1
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Precision Drilling Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of €187 Mil mean?
Precision Drilling (FRA:PRE1) has a Accounts Payable of €187 Mil as of Jun. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Precision Drilling and its competitors.
Is Precision Drilling's Accounts Payable too high?
Precision Drilling's current Accounts Payable is €187 Mil. Overall, Precision Drilling has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Precision Drilling's Accounts Payable compare to NE and RIG?
Precision Drilling's Accounts Payable of €187 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for an Oil & Gas company?
A good Accounts Payable depends on the Oil & Gas industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Precision Drilling and its competitors. Precision Drilling's current Accounts Payable is €187 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Precision Drilling stock overvalued right now?
Based on GuruFocus' analysis, Precision Drilling (FRA:PRE1) is currently considered Fairly Valued. The stock's GF Value™ is €64.23, compared to a current price of €69.50 — trading 8.2% above its estimated fair value. The current Accounts Payable is €187 Mil. Precision Drilling's overall GF Score™ is 78/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Precision Drilling (FRA:PRE1), the current Accounts Payable is €187 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Precision Drilling (FRA:PRE1) Overvalued in 2026?

Based on GuruFocus' analysis, Precision Drilling stock appears to be overvalued. The current stock price of €69.50 is trading 8.2% above its estimated GF Value™ of €64.23. GuruFocus considers Precision Drilling to be Fairly Valued.

Key valuation signals for FRA:PRE1:

  • Accounts Payable: €187 Mil
  • GF Value™: €64.23 vs. price of €69.50 (8.2% above fair value)
  • GF Score™: 78/100 with 1 warning sign

No single metric tells the full story. See the FRA:PRE1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Precision Drilling Business Description

Industry EnergyOil & Gas
Other Exchanges PDS:USAPD:Canada
Address 525 - 8th Avenue SW, Suite 800, Calgary, AB, CAN, T2P 1G1
Precision Drilling Corp is a provider of contract drilling, completion, and production services to oil and natural gas exploration and production companies in Canada, the United States, and certain international locations. The company operates through two industry segments: Contract Drilling Services, which generates maximum revenue and includes drilling rigs, procurement and distribution of oilfield supplies, and the manufacture, sale, and repair of drilling equipment; and Completion and Production Services, which includes service rigs, oilfield equipment rental, and camp services. The company generates the majority of its revenue from the United States.
78GF Score

Get the complete analysis for FRA:PRE1

Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€69.50
Price
€64.23
GF Value