Valaris (VAL-WT) Change in Accured Expenses (2009 - 2012)

Valaris (VAL-WT) recorded quarterly Change in Accured Expenses of -$11.2 million in Q1 2012, down 105.88% quarter-over-quarter from $190.5 million in Q4 2011, and down 201.82% on a YoY basis from $11.0 million in Q2 2011.

Valaris (VAL-WT) Change in Accured Expenses (2009 - 2012) Analysis & Trends

Valaris' Change in Accured Expenses history runs 4 years deep, the most recent figure standing at -$11.2 million for Q1 2012.

  • In Q1 2012, Change in Accured Expenses fell 201.82% year-over-year to -$11.2 million; the TTM figure through Mar 2012 stood at -$35.4 million (down 2.61% YoY), while the FY2012 annual figure was $319.0 million, up 2516.67% from the prior year.
  • Change in Accured Expenses was -$11.2 million for Q1 2012 at Valaris, down from $190.5 million in the prior quarter.
  • In the past five years, Change in Accured Expenses ranged from a high of $190.5 million in Q4 2011 to a low of -$126.0 million in Q3 2011.
  • Historically, Change in Accured Expenses has averaged -$11.7 million across 4 years, with a median of -$11.2 million in 2012.
  • The sharpest annual moves came in 2010 and 2011: Change in Accured Expenses soared 312.61% in 2010, then tumbled 720.28% in 2011.
  • A 4-year view of Change in Accured Expenses shows it stood at $52.3 million in 2009, then plunged by 311.09% to -$110.4 million in 2010, then soared by 272.55% to $190.5 million in 2011, then sank by 105.88% to -$11.2 million in 2012.
  • The last three Change in Accured Expenses figures came in at -$11.2 million (Q1 2012), $190.5 million (Q4 2011), and -$126.0 million (Q3 2011), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (Qtr)
1 Precision Drilling 153.75 Bn 153.69 Bn 120.82 Mn -
2 Noble 7.23 Bn 6.56 Bn 755.58 Mn -
3 Transocean 6.52 Bn 5.90 Bn 475.00 Mn -
4 Patterson Uti Energy 4.41 Bn 4.07 Bn 535.85 Mn -110.25 Mn
5 Helmerich & Payne 3.80 Bn 3.70 Bn 907.56 Mn 16.26 Mn
6 Seadrill 2.73 Bn 2.40 Bn 177.00 Mn 40.00 Mn
7 Sable Offshore 1.70 Bn 1.65 Bn -66.76 Mn 20.22 Mn
8 Borr Drilling 1.40 Bn 1.16 Bn - 100,000.00
9 Nabors Industries 1.38 Bn 1.26 Bn 290.08 Mn -24.51 Mn
10 Valaris - - 92.00 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2012 -11.20 Mn
Mar 31, 2012 -11.20 Mn
Dec 31, 2011 190.50 Mn
Dec 31, 2011 190.50 Mn
Sep 30, 2011 -126.00 Mn
Sep 30, 2011 -126.00 Mn
Jun 30, 2011 -88.70 Mn
Jun 30, 2011 -88.70 Mn
Mar 31, 2011 11.00 Mn
Mar 31, 2011 11.00 Mn
Dec 31, 2010 -110.40 Mn
Dec 31, 2010 -110.40 Mn
Sep 30, 2010 50.60 Mn
Sep 30, 2010 50.60 Mn
Jun 30, 2010 14.30 Mn
Jun 30, 2010 14.30 Mn
Mar 31, 2010 -111.90 Mn
Mar 31, 2010 -111.90 Mn
Dec 31, 2009 52.30 Mn
Dec 31, 2009 52.30 Mn