KEGX (Key Energy Services) Accounts Payable: $8.4 Mil (As of Sep. 2020)

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KEGX Key Energy Services Inc KEGX
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What is Key Energy Services Accounts Payable?

Key Energy Services KEGX 12 Accounts Payable is $8.4 Mil as of Sep. 2020. GuruFocus rates KEGX with a GF Score™ of 12/100.

Key Energy Services's Accounts Payable for the quarter that ended in Sep. 2020 was $8.4 Mil.

Key Energy Services's quarterly Accounts Payable declined from Mar. 2020 ($12.2 Mil) to Jun. 2020 ($8.6 Mil) and declined from Jun. 2020 ($8.6 Mil) to Sep. 2020 ($8.4 Mil).

Key Energy Services's annual Accounts Payable declined from Dec. 2017 ($13.7 Mil) to Dec. 2018 ($13.6 Mil) and declined from Dec. 2018 ($13.6 Mil) to Dec. 2019 ($8.7 Mil).

Key Energy Services Accounts Payable Related Terms

Key Energy Services Accounts Payable Historical Data

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The historical data trend for Key Energy Services'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.

Key Energy Services Accounts Payable Chart

Key Energy Services Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.74 10.36 13.70 13.59 8.70

Key Energy Services Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 18.36 8.70 12.22 8.64 8.36
KEGX
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Key Energy Services Inc KEGX
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Key Energy Services 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 $8.4 Mil mean?
Key Energy Services (KEGX) has a Accounts Payable of $8.4 Mil as of Sep. 2020. 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 Key Energy Services and its competitors.
Is Key Energy Services' Accounts Payable too high?
Key Energy Services' current Accounts Payable is $8.4 Mil. Overall, Key Energy Services has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Key Energy Services' Accounts Payable compare to GEOS and NGS?
Key Energy Services' Accounts Payable of $8.4 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 Key Energy Services and its competitors. Key Energy Services's current Accounts Payable is $8.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Key Energy Services stock overvalued right now?
Key Energy Services (KEGX) has a current Accounts Payable of $8.4 Mil. The current Accounts Payable is $8.4 Mil. Key Energy Services' overall GF Score™ is 12/100. 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 Key Energy Services (KEGX), the current Accounts Payable is $8.4 Mil as of Sep. 2020. 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.

Key Energy Services Business Description

Industry EnergyOil & Gas
Address 1301 McKinney Street, Suite 1800, Houston, TX, USA, 77010
Key Energy Services Inc is an onshore, rig-based well-servicing contractor. It provides a full range of well-services to oil companies, and independent oil and natural gas production companies. Its services include rig-based and coiled tubing-based well maintenance and workover services, well completion and re-completion services, fluid management services, fishing, and rental services, and other ancillary oilfield services. Its segment includes Rig Services, Fishing, and Rental Services, Coiled Tubing Services and Fluid Management Services within the United States. The company derives the maximum revenue from the Rig Services segment.
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Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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