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Patterson-UTI Energy PTEN Allowance for Doubtful Accounts Receivable (Current)
Allowance for Doubtful Accounts Receivable (Current) at other companies
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Where this comes from
Reported directly by Patterson-UTI Energy in its filing.
Tagged under the XBRL concept us-gaap:AllowanceForDoubtfulAccountsReceivableCurrent.
The source filing: Patterson-UTI Energy’s 10-Q, filed April 28, 2026.
- Filed
- Apr 28, 2026, 4:06 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000889900-26-000033
| Line item | March 31, 2026 | December 31, 2025 |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash, cash equivalents and restricted cash | $337,244 | $420,642 |
| Accounts receivable, net of allowance for credit losses of $14,555 and $14,469 at March 31, 2026 and December 31, 2025, respectively | 742,379 | 723,277 |
| Inventory | 150,592 | 160,280 |
| Other current assets | 92,057 | 113,892 |
| Total current assets | 1,322,272 | 1,418,091 |
| Property and equipment, net | 2,627,928 | 2,711,037 |
ITEM 1. Financial Statements
FAQ
- What is Patterson-UTI Energy's allowance for doubtful accounts receivable (current)?
- Patterson-UTI Energy (PTEN) reported allowance for doubtful accounts receivable (current) of $14.56M in Q1 2026.
- How has Patterson-UTI Energy's allowance for doubtful accounts receivable (current) changed year-over-year?
- Patterson-UTI Energy's allowance for doubtful accounts receivable (current) decreased by 6.1% year-over-year, from $15.49M to $14.56M.
- What is the long-term trend for Patterson-UTI Energy's allowance for doubtful accounts receivable (current)?
- Over 2 years (2023 to 2025), Patterson-UTI Energy's allowance for doubtful accounts receivable (current) has grown at a 103.6% compound annual growth rate (CAGR), from $3.49M to $14.47M.
- What does allowance for doubtful accounts receivable (current) mean?
- This is the valuation allowance for current receivables that are considered uncollectible due to disputes, bankruptcy, or other non-payment issues. It serves as a buffer against potential losses from customer defaults. It is a critical indicator of the health of the company's accounts receivable portfolio.
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