Flotek Industries Accounts Payables 2011-2026 | 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

2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
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

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
33.4 M	5.79 M	21.2 M

Quarterly Accounts Payables Flotek Industries

2025-Q3	2025-Q2	2025-Q1	2024-Q4	2024-Q3	2024-Q2	2024-Q1	2023-Q4	2023-Q3	2023-Q2	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
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	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
44.9 M	5.22 M	21.6 M

Accounts Payables of other stocks in the Oil gas equipment industry

Issuer	Accounts Payables	Price	% 24h	Market Cap	Country
Adams Resources & Energy AE	148 M	-	-	$ 96.3 M	USA
Baker Hughes Company BKR	4.3 B	$ 50.21	2.81 %	$ 49.5 B	USA
DMC Global BOOM	45.1 M	$ 7.2	4.2 %	$ 142 M	USA
Geospace Technologies Corporation GEOS	10.4 M	$ 20.25	9.22 %	$ 259 M	USA
Gulf Island Fabrication GIFI	9.28 M	$ 11.96	0.08 %	$ 185 M	USA
ChampionX Corporation CHX	456 M	-	-	$ 4.92 B	USA
Core Laboratories N.V. CLB	29.7 M	$ 18.83	4.38 %	$ 866 M	Niderland
Chevron Corporation CVX	22.1 B	$ 159.71	2.9 %	$ 289 B	USA
Dawson Geophysical Company DWSN	3.38 M	$ 1.73	0.58 %	$ 53.4 M	USA
Matrix Service Company MTRX	80.5 M	$ 12.11	3.28 %	$ 336 M	USA
Exterran Corporation EXTN	70.8 M	-	-	$ 153 M	USA
Dril-Quip DRQ	65.2 M	-	-3.51 %	$ 527 M	USA
Oceaneering International OII	182 M	$ 26.76	4.25 %	$ 2.71 B	USA
Forum Energy Technologies FET	110 M	$ 39.28	2.59 %	$ 483 M	USA
Halliburton Company HAL	3.19 B	$ 32.22	6.06 %	$ 28.4 B	USA
Tidewater TDW	71.4 M	$ 56.44	6.65 %	$ 2.96 B	USA
TechnipFMC plc FTI	1.3 B	$ 49.49	0.63 %	$ 21.2 B	Britain
Natural Gas Services Group NGS	17.6 M	$ 34.57	0.44 %	$ 426 M	USA
Liberty Oilfield Services LBRT	314 M	$ 19.04	0.32 %	$ 3.14 B	USA
Helix Energy Solutions Group HLX	88 M	$ 6.91	1.54 %	$ 1.04 B	USA
Nine Energy Service NINE	28.7 M	$ 0.43	7.02 %	$ 13 M	USA
NOW DNOW	300 M	$ 13.69	4.3 %	$ 1.46 B	USA
Oil States International OIS	57.7 M	$ 7.89	4.71 %	$ 489 M	USA
KLX Energy Services Holdings KLXE	87.9 M	$ 2.34	-3.31 %	$ 36.5 M	USA
Recon Technology, Ltd. RCON	19.4 M	$ 1.51	-7.93 %	$ 13.7 M	China
National Energy Services Reunited Corp. NESR	145 M	$ 17.62	7.97 %	$ 1.68 B	USA
NexTier Oilfield Solutions NEX	203 M	-	-	$ 2.58 B	USA
NOV NOV	837 M	$ 17.52	4.07 %	$ 6.87 B	USA
Newpark Resources NR	19.5 M	-	-4.59 %	$ 628 M	USA
National Fuel Gas Company NFG	184 M	$ 78.0	-0.91 %	$ 7.06 B	USA