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Noble (FRA:85V1) Accounts Payable & Accrued Expense : €476 Mil (As of Mar. 2024)


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What is Noble Accounts Payable & Accrued Expense?

Noble's quarterly accounts payable & accrued expense increased from Sep. 2023 (€430 Mil) to Dec. 2023 (€513 Mil) but then declined from Dec. 2023 (€513 Mil) to Mar. 2024 (€476 Mil).

Noble's annual accounts payable & accrued expense increased from Dec. 2021 (€183 Mil) to Dec. 2022 (€409 Mil) and increased from Dec. 2022 (€409 Mil) to Dec. 2023 (€513 Mil).


Noble Accounts Payable & Accrued Expense Historical Data

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

Noble Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
- 183.42 409.10 513.16

Noble Quarterly Data
Dec20 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 356.72 420.31 429.87 513.16 475.97

Noble 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.


Noble (FRA:85V1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Noble Corp PLC (FRA:85V1) » Definitions » Accounts Payable & Accrued Expense
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Address
13135 Dairy Ashford, Suite 800, Sugar Land, TX, USA, 77478
Noble Corp PLC is an offshore drilling contractor for the oil and gas industry that provides contract drilling services to the international oil and gas industry with its fleet of mobile offshore drilling units. The company focuses on a high-specification fleet of floating and jackup rigs and the deployment of its drilling rigs in oil and gas basins around the world.

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