Seadrill (SDRL) Change in Working Capital (2020 - 2023)
Seadrill recorded quarterly Change in Working Capital of $9.0 million in Q4 2023, up 228.57% quarter-over-quarter from -$7.0 million in Q3 2023, and up 228.57% year-over-year from $2.7 million in Q4 2022.
Seadrill's Change in Working Capital history runs 3 years deep, the most recent figure standing at $9.0 million for Q4 2023.
- In Q4 2023, Change in Working Capital rose 228.57% year-over-year to $9.0 million; the TTM figure through Dec 2023 stood at $9.0 million (up 228.57% YoY), while the FY2023 annual figure was $9.0 million, up 228.57% from the prior year.
- Change in Working Capital came in at $9.0 million for Q4 2023 at Seadrill, up from -$7.0 million in the prior quarter.
- In the past five years, Change in Working Capital ranged from a high of $9.0 million in Q4 2023 to a low of -$1.2 billion in Q1 2020.
- A 3-year average of -$206.2 million and a median of -$7.0 million in 2022 frame the typical range for Change in Working Capital.
- On a YoY basis, Change in Working Capital climbed as much as 228.57% in 2023 and fell as far as 228.57% in 2023.
- Seadrill's Change in Working Capital stood at -$1.2 billion in 2020, then jumped by 99.43% to -$7.0 million in 2022, then jumped by 228.57% to $9.0 million in 2023.
- According to Business Quant data, Change in Working Capital over the past three periods registered $9.0 million, -$7.0 million, and -$3.0 million for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 151.75 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 | - |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | - |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 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 |
|---|---|
| Dec 31, 2023 | 9.00 Mn |
| Dec 31, 2023 | 9.00 Mn |
| Sep 30, 2023 | -7.00 Mn |
| Sep 30, 2023 | -7.00 Mn |
| Jun 30, 2023 | -3.00 Mn |
| Jun 30, 2023 | -3.00 Mn |
| Dec 31, 2022 | -7.00 Mn |
| Dec 31, 2022 | -7.00 Mn |
| Feb 22, 2022 | -7.00 Mn |
| Feb 22, 2022 | -7.00 Mn |
| Mar 31, 2020 | -1.22 Bn |
| Mar 31, 2020 | -1.22 Bn |