NorAm Drilling AS (OSL:NORAM) Accounts Payable & Accrued Expense : kr61 Mil (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is NorAm Drilling AS Accounts Payable & Accrued Expense?

NorAm Drilling AS's quarterly accounts payable & accrued expense declined from Sep. 2023 (kr73 Mil) to Dec. 2023 (kr51 Mil) but then increased from Dec. 2023 (kr51 Mil) to Mar. 2024 (kr61 Mil).

NorAm Drilling AS's annual accounts payable & accrued expense increased from Dec. 2021 (kr28 Mil) to Dec. 2022 (kr51 Mil) and increased from Dec. 2022 (kr51 Mil) to Dec. 2023 (kr51 Mil).

NorAm Drilling AS Accounts Payable & Accrued Expense Historical Data

The historical data trend for NorAm Drilling AS'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.

* Premium members only.

NorAm Drilling AS Accounts Payable & Accrued Expense Chart

NorAm Drilling AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

66.05

12.91

28.26

50.63

51.45

NorAm Drilling AS Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								48.52	48.03	73.07	51.45	60.64

NorAm Drilling AS 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.

NorAm Drilling AS (OSL:NORAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » NorAm Drilling AS (OSL:NORAM) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

TM9:Germany

Address

Bryggegata 3, P.O. Box 1327 - Vika, Oslo, NOR, 0112

Website

https://www.noramdrilling.com

NorAm Drilling AS owns and operates a quality rig portfolio of AC driven rigs tailored for the drilling of horizontal wells in the United States land drilling market. NorAm Drilling Company operates all eleven rigs and is financed through a combination of equity investments and intercompany loans, at arm's length terms, from its parent.

NorAm Drilling AS (OSL:NORAM) Headlines

No Headlines