Unit (UNTCW) Change In Payables And Accrued Expense : $-4.74 Mil (TTM As of Mar. 2024)

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What is Unit Change In Payables And Accrued Expense?

Unit's Change In Payables And Accrued Expense for the quarter that ended in Mar. 2024 was $-11.65 Mil. It means Unit's Accounts Payable & Accrued Expense declined by $11.65 Mil from Dec. 2023 to Mar. 2024 .

Unit's Change In Payables And Accrued Expense for the fiscal year that ended in Dec. 2023 was $3.27 Mil. It means Unit's Accounts Payable & Accrued Expense increased by $3.27 Mil from Dec. 2022 to Dec. 2023 .

Unit Change In Payables And Accrued Expense Historical Data

The historical data trend for Unit's Change In Payables And 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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Unit Change In Payables And Accrued Expense Chart

Unit Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Payables And Accrued Expense

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-12.42

20.97

-3.37

3.27

Unit Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Payables And Accrued Expense	Get a 7-Day Free Trial															-3.65	-0.96	5.13	2.75	-11.65

Unit Change In Payables And Accrued Expense Calculation

Change In Payables And Accrued Expense is the increase or decrease between periods of the Accounts Payable & Accrued Expense. Accrued expenses represent expenses incurred at the end of the reporting period but not yet paid; also called accrued liabilities. The accrued liability is shown under Liabilities section in the balance sheet.

Change In Payables And Accrued Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.74 Mil.

Unit Change In Payables And Accrued Expense Related Terms

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Unit (UNTCW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Unit Corp (OTCPK:UNTCW) » Definitions » Change In Payables And Accrued Expense

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UNTC:USA

Address

8200 South Unit Drive, Tulsa, OK, USA, 74132

Website

https://www.unitcorp.com

Unit Corp is an oil and natural gas contract drilling company. The company is also in exploration and production and mid-stream areas. There are three segments which include Oil and Natural gas, Contract Drilling and Mid-stream. The oil and natural gas segment is engaged in the development, acquisition, and production of oil, NGLs, and natural gas properties. The contract drilling segment is engaged in the land contract drilling of oil and natural gas wells and the mid-stream segment is engaged in the buying, selling, gathering, processing, and treating of natural gas. Majority of revenue is generated from Oil and Natural Gas.