Nine Energy Service (NINE) Receivables - Other (2017 - 2023)
Nine Energy Service (NINE) recorded Receivables - Other of $400,000 in Q1 2023, up 33.3% from $300,000 a year earlier but down 20.0% from the prior quarter.
Nine Energy Service (NINE) Receivables - Other (2017 - 2023) Analysis & Trends
At the end of FY2022, Nine Energy Service reported Receivables - Other of $500,000, unchanged from FY2021.
- Annual Receivables - Other has a five-year compound annual growth rate of 20.1% (FY2017 to FY2022).
- Across earlier years, Receivables - Other came in at $500,000 in FY2021 (-86.5%), $3.7 million in FY2020 (-45.6%), $6.8 million in FY2019 (-4.2%) and $7.1 million in FY2018.
- Quarterly Receivables - Other has ranged from $100,000 in Q2 2018 to $7.1 million in Q2 2020 over the past five years.
- On a year-over-year basis, Receivables - Other rose in 1 of the last eight quarters, with an average decline of 52.3%.
- Peak year-over-year performance for Receivables - Other in the last five years was growth of 100.0% in Q3 2020, against a decline of 88.5% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $500,000 (Q4 2022), $500,000 (Q3 2022) and $500,000 (Q2 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 72.34 Bn | 69.45 Bn | 1.40 Bn |
| 2 | Baker Hughes | 55.59 Bn | 18.87 Bn | 1.58 Bn |
| 3 | TechnipFMC | 27.02 Bn | 23.17 Bn | 684.70 Mn |
| 4 | Halliburton | 26.54 Bn | 18.29 Bn | 804.00 Mn |
| 5 | Nov | 6.72 Bn | 1.51 Bn | 521.00 Mn |
| 6 | Noble | 6.50 Bn | 4.43 Bn | 239.27 Mn |
| 7 | Transocean | 5.76 Bn | 3.47 Bn | 358.00 Mn |
| 8 | Weatherford International | 5.72 Bn | 1.66 Bn | 333.00 Mn |
| 9 | Kodiak Gas Services | 5.48 Bn | 5.25 Bn | 246.76 Mn |
| 10 | Nine Energy Service | 105.60 Mn | 44.65 Mn | 25.94 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2023 | 400,000.00 |
| Dec 31, 2022 | 500,000.00 |
| Sep 30, 2022 | 500,000.00 |
| Jun 30, 2022 | 500,000.00 |
| Mar 31, 2022 | 300,000.00 |
| Dec 31, 2021 | 500,000.00 |
| Sep 30, 2021 | 1.60 Mn |
| Jun 30, 2021 | 2.50 Mn |
| Mar 31, 2021 | 2.60 Mn |
| Dec 31, 2020 | 3.70 Mn |
| Sep 30, 2020 | 4.40 Mn |
| Jun 30, 2020 | 7.10 Mn |
| Mar 31, 2020 | 6.70 Mn |
| Dec 31, 2019 | 6.80 Mn |
| Sep 30, 2019 | 2.20 Mn |
| Jun 30, 2019 | 3.70 Mn |
| Mar 31, 2019 | 100,000.00 |
| Dec 31, 2018 | 7.10 Mn |
| Sep 30, 2018 | 100,000.00 |
| Jun 30, 2018 | 100,000.00 |
Nine Energy Service Receivables - Other API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=receivables-other&ticker=NINE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables-other", "ticker": "NINE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=receivables-other&ticker=NINE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();