Borr Drilling (BORR) Change in Account Payables (2020 - 2026)
Borr Drilling (BORR) posted quarterly 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% quarter-over-quarter from -$3.2 million in Q1 2024.
Borr Drilling (BORR) Change in Account Payables (2020 - 2026) Analysis & Trends
Borr Drilling (BORR) has reported Change in Account Payables for 5 consecutive years, with $13.9 million the latest figure, recorded in Q2 2024.
- In Q2 2024, Change in Account Payables rose 244.79% year-over-year to $13.9 million; the TTM figure through Jun 2024 stood at -$2.5 million (up 82.99% YoY), while the FY2023 annual figure was -$29.4 million, down 72.94% from the prior year.
- Change in Account Payables improved 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.
- Historically, Change in Account Payables has averaged -$4.0 million across 5 years, with a median of -$7.0 million in 2020.
- On a YoY basis, Change in Account Payables climbed as much as 250.67% in 2022 and fell as far as 7500.0% in 2022.
- Borr Drilling's Change in Account Payables stood at -$1.6 million in 2020, then tumbled by 368.75% to -$7.5 million in 2021, then soared by 250.67% to $11.3 million in 2022, then slumped by 141.59% to -$4.7 million in 2023, then surged by 395.74% to $13.9 million in 2024.
- Business Quant data shows BORR's Change in Account Payables at $13.9 million in Q2 2024, -$3.2 million in Q1 2024, and -$4.7 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn | - |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn | - |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn | 51.03 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | 36.00 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | -6.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | - |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn | - |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn | - |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | - |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.70 Mn |
| Mar 31, 2026 | 18.70 Mn |
| Dec 31, 2025 | -6.00 Mn |
| Dec 31, 2025 | -6.00 Mn |
| Mar 31, 2025 | -22.60 Mn |
| Mar 31, 2025 | -22.60 Mn |
| Dec 31, 2024 | 23.60 Mn |
| Dec 31, 2024 | 23.60 Mn |
| 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 |