Halliburton (HAL) Change in Accured Expenses (2019 - 2023)

Halliburton's (HAL) quarterly Change in Accured Expenses came in at -$189.0 million in Q1 2023, down 117.24% year-on-year from $1.1 billion in Q1 2022, and down 117.24% on a QoQ basis from -$87.0 million in Q1 2022.

Halliburton (HAL) Change in Accured Expenses (2019 - 2023) Analysis & Trends

Halliburton (HAL) has 5 years of Change in Accured Expenses data on file, last reported at -$189.0 million in Q1 2023.

  • On a quarterly basis, Change in Accured Expenses fell 117.24% year-over-year to -$189.0 million in Q1 2023; TTM through Mar 2023 was -$187.0 million, a 187.69% decrease from a year earlier, with the FY2020 full-year figure at -$160.0 million, down 321.05% from the prior year.
  • Change in Accured Expenses for Q1 2023 stood at -$189.0 million, down from -$87.0 million in the prior quarter.
  • Over the last five years, Change in Accured Expenses for HAL reached as high as $334.0 million in Q4 2020 and fell as low as -$305.0 million in Q2 2020.
  • Historically, Change in Accured Expenses has averaged -$37.9 million across 5 years, with a median of -$71.5 million in 2020.
  • Across the five-year window, Change in Accured Expenses soared 854.29% in 2020 and slumped 117.24% in 2023, its largest moves.
  • Year by year, Change in Accured Expenses stood at $35.0 million in 2019, then surged by 854.29% to $334.0 million in 2020, then plunged by 88.02% to $40.0 million in 2021, then sank by 317.5% to -$87.0 million in 2022, then plunged by 117.24% to -$189.0 million in 2023.
  • Per Business Quant data, the three most recent Change in Accured Expenses figures were -$189.0 million in Q1 2023, -$87.0 million in Q1 2022, and $40.0 million in Q3 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn -26.00 Mn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn -
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn -
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn -
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn -106.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 16.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 12.45 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn -32.84 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn -22.92 Mn
10 Tidewater 3.87 Bn 3.32 Bn 160.04 Mn -13.64 Mn

Historic Data

Download Data
DateValue
Mar 31, 2023 -189.00 Mn
Mar 31, 2023 -189.00 Mn
Mar 31, 2022 -87.00 Mn
Mar 31, 2022 -87.00 Mn
Sep 30, 2021 40.00 Mn
Sep 30, 2021 40.00 Mn
Jun 30, 2021 49.00 Mn
Jun 30, 2021 49.00 Mn
Mar 31, 2021 -67.00 Mn
Mar 31, 2021 -67.00 Mn
Dec 31, 2020 334.00 Mn
Dec 31, 2020 334.00 Mn
Sep 30, 2020 -76.00 Mn
Sep 30, 2020 -76.00 Mn
Jun 30, 2020 -305.00 Mn
Jun 30, 2020 -305.00 Mn
Mar 31, 2020 -113.00 Mn
Mar 31, 2020 -113.00 Mn
Dec 31, 2019 35.00 Mn
Dec 31, 2019 35.00 Mn