Halliburton (HAL) Change in Accured Expenses (2019 - 2023)
Halliburton (HAL) posted quarterly Change in Accured Expenses of -$189.0 million for Q1 2023, down 117.24% year-over-year from $1.1 billion in Q1 2022, and down 117.24% quarter-over-quarter from -$87.0 million in Q1 2022.
Halliburton (HAL) Change in Accured Expenses (2019 - 2023) Analysis & Trends
Halliburton (HAL) has reported Change in Accured Expenses for 5 consecutive years, with -$189.0 million the latest figure, recorded in Q1 2023.
- In Q1 2023, Change in Accured Expenses fell 117.24% year-over-year to -$189.0 million; the TTM figure through Mar 2023 stood at -$187.0 million (down 187.69% YoY), while the FY2020 annual figure was -$160.0 million, down 321.05% from the prior year.
- Change in Accured Expenses retreated to -$189.0 million in Q1 2023 per HAL's latest filing, from -$87.0 million in the prior quarter.
- Across five years, Change in Accured Expenses topped out at $334.0 million in Q4 2020 and bottomed at -$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.
- Annual changes were most pronounced in 2020 — Change in Accured Expenses surged 854.29% — and 2023, when it plunged 117.24%.
- Halliburton's Change in Accured Expenses stood at $35.0 million in 2019, then soared 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.
- Business Quant data shows HAL's Change in Accured Expenses at -$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 | 80.33 Bn | 76.25 Bn | 4.63 Bn | -23.00 Mn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | - |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | - |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | - |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | - |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 46.00 Mn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 16.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | -42.81 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 17.64 Mn |
| 10 | Oceaneering International | 5.28 Bn | 4.65 Bn | 156.98 Mn | 11.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |