Seadrill (Seadrill) Accounts Payable & Accrued Expense : $53 Mil (As of Dec. 2023)

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What is Seadrill Accounts Payable & Accrued Expense?

Seadrill's quarterly accounts payable & accrued expense increased from Jun. 2023 ($49 Mil) to Sep. 2023 ($55 Mil) but then declined from Sep. 2023 ($55 Mil) to Dec. 2023 ($53 Mil).

Seadrill's annual accounts payable & accrued expense increased from Dec. 2021 ($53 Mil) to Dec. 2022 ($76 Mil) but then declined from Dec. 2022 ($76 Mil) to Dec. 2023 ($53 Mil).

Seadrill Accounts Payable & Accrued Expense Historical Data

The historical data trend for Seadrill'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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Seadrill Accounts Payable & Accrued Expense Chart

Seadrill Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

105.00

52.00

53.00

76.00

53.00

Seadrill Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							76.00	66.00	49.00	55.00	53.00

Seadrill 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.

Seadrill (Seadrill) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Seadrill Ltd (NYSE:SDRL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SDRLo:Sweden SDRL:Norway SDRMo:UK P4F:Germany

Address

566 Chiswick High Road, Chiswick Business Park, Building 11, 2nd Floor, London, GBR, W4 5YS

Website

https://www.seadrill.com

Seadrill Ltd is an offshore drilling contractor company. It engages in providing worldwide offshore drilling services to the oil and gas industry. Its primary business is the ownership and operation of drillships, semi-submersible rigs, and jack-up rigs for operations in shallow to ultra-deepwater areas in both benign and harsh environments. It has three segments Harsh environment, Floaters and Jackups.