Borr Drilling (BORR) Change in Account Payables (2020 - 2024)
Borr Drilling (BORR) reported Change in Account Payables of $13.9 million for Q2 2024, up 244.79% year-over-year from $4.0 million in Q3 2023, and up 534.38% on a QoQ basis from -$3.2 million in Q1 2024.
Borr Drilling (BORR) has 5 years of Change in Account Payables data on file, last reported at $13.9 million in Q2 2024.
- Quarterly Change in Account Payables rose 244.79% year-over-year to $13.9 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was -$2.5 million (up 82.99% YoY) and the FY2023 annual result came in at -$29.4 million, down 72.94% from the prior year.
- Change in Account Payables advanced to $13.9 million in Q2 2024 per BORR's latest filing, from -$3.2 million in the prior quarter.
- Across five years, Change in Account Payables topped out at $13.9 million in Q2 2024 and bottomed at -$11.1 million in Q1 2022.
- The 5-year median for Change in Account Payables is -$7.0 million (2020), against an average of -$4.0 million.
- Peak annual rise in Change in Account Payables reached 250.67% in 2022, while the deepest fall reached 7500.0% in 2022.
- Tracing BORR's Change in Account Payables over 5 years: stood at -$1.6 million in 2020, then plunged by 368.75% to -$7.5 million in 2021, then soared by 250.67% to $11.3 million in 2022, then tumbled by 141.59% to -$4.7 million in 2023, then surged by 395.74% to $13.9 million in 2024.
- Per Business Quant, the three latest BORR Change in Account Payables figures stand at $13.9 million (Q2 2024), -$3.2 million (Q1 2024), and -$4.7 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | - |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | - |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | - |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | -18.63 Mn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | -15.82 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 11.00 Mn |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | - |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | - |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 13.90 Mn |
| Jun 30, 2024 | 13.90 Mn |
| Mar 31, 2024 | -3.20 Mn |
| Mar 31, 2024 | -3.20 Mn |
| Dec 31, 2023 | -4.70 Mn |
| Dec 31, 2023 | -4.70 Mn |
| Sep 30, 2023 | -8.50 Mn |
| Sep 30, 2023 | -8.50 Mn |
| Jun 30, 2023 | -9.60 Mn |
| Jun 30, 2023 | -9.60 Mn |
| Mar 31, 2023 | -6.60 Mn |
| Mar 31, 2023 | -6.60 Mn |
| Dec 31, 2022 | 11.30 Mn |
| Dec 31, 2022 | 11.30 Mn |
| Sep 30, 2022 | -9.80 Mn |
| Sep 30, 2022 | -9.80 Mn |
| Jun 30, 2022 | -7.40 Mn |
| Jun 30, 2022 | -7.40 Mn |
| Mar 31, 2022 | -11.10 Mn |
| Mar 31, 2022 | -11.10 Mn |
| Dec 31, 2021 | -7.50 Mn |
| Dec 31, 2021 | -7.50 Mn |
| Sep 30, 2021 | -10.90 Mn |
| Sep 30, 2021 | -10.90 Mn |
| Jun 30, 2021 | 100,000.00 |
| Jun 30, 2021 | 100,000.00 |
| Mar 31, 2021 | 4.60 Mn |
| Mar 31, 2021 | 4.60 Mn |
| Dec 31, 2020 | -1.60 Mn |
| Dec 31, 2020 | -1.60 Mn |
| Jun 30, 2020 | -7.00 Mn |
| Jun 30, 2020 | -7.00 Mn |
| Mar 31, 2020 | -9.40 Mn |
| Mar 31, 2020 | -9.40 Mn |