Flotek Industries Accounts Payables | FTK

Accounts payable — are the obligations of an organization to other legal entities or individuals that arise in cases when the company has acquired goods or services on deferred payment terms, has not paid taxes and fees, has wage arrears to employees, or has received loans and other liabilities. Accounts payable arise when an organization has already received some benefit but has not yet paid for it.

Main types of accounts payable

Type of liability	Example
To suppliers and contractors	Goods received but not yet paid for
Taxes and fees	VAT, income tax, etc., not paid on time
Salaries	Employee wages not paid
To budgets	Insurance contributions to funds not paid
To founders	Founders provided borrowed funds
To banks	Overdue loan payments
Other	Fines, penalties, forfeits, customer prepayments, etc.

Impact on the company's financial performance

Liquidity and solvency
Accounts payable are part of short-term liabilities, so they affect liquidity ratios
Financial stability
The higher the share of borrowed funds (including accounts payable), the lower the company's level of independence
Capital turnover
Moderate accounts payable can positively affect working capital by allowing the company to use “free” financing from suppliers (payment deferrals)
Risks and reputation
Large and especially overdue accounts payable may indicate financial difficulties. This can deter investors, partners, and lenders, and at a critical level of debt and lack of resources to repay it, bankruptcy proceedings may be initiated

Annual Accounts Payables Flotek Industries

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
48.3 M	38.1 M	31.7 M	33.4 M	7.62 M	5.79 M	16.2 M	15 M	22 M	30 M	19.4 M	33.2 M	19.9 M	22.4 M	18.6 M	13.5 M	-	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
48.3 M	5.79 M	23.4 M

Quarterly Accounts Payables Flotek Industries

2026-Q2	2026-Q1	2025-Q3	2025-Q2	2025-Q1	2024-Q4	2024-Q3	2024-Q2	2024-Q1	2023-Q4	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
74.6 M	52.6 M	35.1 M	36.4 M	39 M	38.1 M	37.4 M	31.8 M	-	31.7 M	33.4 M	44.9 M	41.9 M	33.4 M	-	19.8 M	8.23 M	7.62 M	5.22 M	6.59 M	6.48 M	5.79 M	5.79 M	5.79 M	5.79 M	16.2 M	16.2 M	16.2 M	16.2 M	15 M	15 M	15 M	15 M	10.4 M	22 M	22 M	22 M	30 M	30 M	30 M	30 M	17.2 M	19.4 M	19.4 M	19.4 M	33.2 M	33.2 M	33.2 M	33.2 M	19.9 M	19.9 M	19.9 M	19.9 M	22.4 M	22.4 M	22.4 M	22.4 M	18.6 M	18.6 M	18.6 M	18.6 M

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
74.6 M	5.22 M	23.4 M

Accounts Payables of other stocks in the Oil gas equipment industry

Issuer	Accounts Payables	Price	% 24h	Market Cap	Country
Archrock AROC	43.7 M	$ 32.69	0.4 %	$ 5.7 B	USA
Dril-Quip DRQ	60.7 M	-	-3.51 %	$ 527 M	USA
Helix Energy Solutions Group HLX	134 M	$ 10.6	2.91 %	$ 1.57 B	USA
Adams Resources & Energy AE	204 M	-	-	$ 96.3 M	USA
ChampionX Corporation CHX	456 M	-	-	$ 4.92 B	USA
Solaris Oilfield Infrastructure SOI	77.5 M	-	-0.88 %	$ 498 M	USA
Exterran Corporation EXTN	70.8 M	-	-	$ 153 M	USA
Gulf Island Fabrication GIFI	5.8 M	-	-	$ 186 M	USA
Dawson Geophysical Company DWSN	9.58 M	$ 3.65	0.55 %	$ 113 M	USA
MRC Global MRC	329 M	-	-	-	USA
U.S. Silica Holdings SLCA	124 M	-	-0.06 %	$ 1.19 B	USA
NexTier Oilfield Solutions NEX	203 M	-	-	$ 2.58 B	USA
Nine Energy Service NINE	43.6 M	-	-	$ 17.9 M	USA
Liberty Oilfield Services LBRT	359 M	$ 20.59	1.48 %	$ 3.33 B	USA
Profire Energy PFIE	2.7 M	-	-	$ 120 M	USA
Newpark Resources NR	22.3 M	-	-4.59 %	$ 628 M	USA
Superior Drilling Products SDPI	1.55 M	-	-	$ 30 M	USA
North American Construction Group Ltd. NOA	102 M	$ 13.35	0.07 %	$ 383 M	Canada
Petróleo Brasileiro S.A. - Petrobras PBR	10.5 B	$ 20.12	0.91 %	$ 646 B	Brasil
Recon Technology, Ltd. RCON	19.4 M	$ 1.43	1.3 %	$ 13 M	China
Forum Energy Technologies FET	94.6 M	$ 80.29	0.54 %	$ 954 M	USA
Matrix Service Company MTRX	109 M	$ 10.62	0.66 %	$ 300 M	USA
Natural Gas Services Group NGS	14 M	$ 36.33	1.14 %	$ 456 M	USA
Core Laboratories N.V. CLB	45.8 M	$ 12.54	0.08 %	$ 581 M	Niderland
NOV NOV	831 M	$ 21.39	0.09 %	$ 7.96 B	USA
Schlumberger Limited SLB	4.86 B	$ 57.51	0.13 %	$ 81.7 B	France
RPC RES	120 M	$ 6.5	0.46 %	$ 1.38 B	USA
Mammoth Energy Services TUSK	9.33 M	$ 3.12	0.32 %	$ 151 M	USA
Target Hospitality Corp. TH	44.4 M	$ 19.52	5.29 %	$ 1.94 B	USA
USA Compression Partners, LP USAC	39.8 M	$ 27.27	0.33 %	$ 3.95 B	USA
Tidewater TDW	66.3 M	$ 94.26	4.65 %	$ 4.72 B	USA
Smart Sand SND	9.43 M	$ 5.32	0.19 %	$ 208 M	USA
National Energy Services Reunited Corp. NESR	145 M	$ 34.75	0.72 %	$ 3.42 B	USA
Select Energy Services WTTR	49.7 M	$ 20.06	2.02 %	$ 2.78 B	USA
Exxon Mobil Corporation XOM	36 B	$ 159.47	0.49 %	$ 687 B	USA