Archer (Archer) Other Operating Expense : $1,042 Mil (TTM As of Mar. 2024)

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What is Archer Other Operating Expense?

Archer's Other Operating Expense for the three months ended in Mar. 2024 was $266 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 was $1,042 Mil.

Archer's quarterly Other Operating Expense increased from Sep. 2023 ($260 Mil) to Dec. 2023 ($262 Mil) and increased from Dec. 2023 ($262 Mil) to Mar. 2024 ($266 Mil).

Archer's annual Other Operating Expense increased from Dec. 2021 ($813 Mil) to Dec. 2022 ($844 Mil) and increased from Dec. 2022 ($844 Mil) to Dec. 2023 ($1,006 Mil).

Archer Other Operating Expense Historical Data

The historical data trend for Archer's Other Operating 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.

* Premium members only.

Archer Other Operating Expense Chart

Archer Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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795.10

714.50

812.60

843.50

1,005.90

Archer Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Operating Expense	Get a 7-Day Free Trial															230.00	253.80	260.10	261.90	265.70

Archer Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating 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 $1,042 Mil.

Archer Other Operating Expense Related Terms

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Archer (Archer) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Archer Ltd (OTCPK:ARHVD) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

ARCHERo:Sweden ARCH:Norway

Address

Sandnesveien 358, Sandnes, NOR, 4312

Website

https://www.archerwell.com

Archer Ltd is an international oilfield service company providing various oilfield products and services through its area organizations. Its services include platform drilling, land drilling, directional drilling, underbalanced drilling, modular rigs, engineering services, equipment rentals, wireline services, pressure control, pressure pumping, production monitoring, well imaging and integrity management tools. The reporting segments of the company are Platform Operations, Well Services and Land Drilling. Majority of revenue is derived from Platform Operations segment. Platform Operations segment includes Platform Drilling, Modular rig, and Engineering services.