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Valaris VAL Allowance for Doubtful Accounts Receivable (Current)

Allowance for Doubtful Accounts Receivable (Current) at other companies

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Helmerich & PayneHP
$19.82M+17.6%
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Weatherford InternationalWFRD
$12M+50.0%
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Patterson-UTI EnergyPTEN
$14.56M-6.1%
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HalliburtonHAL

Other financials

Income statement

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Revenue$465.4M-25.0%
Gross profit$92.0M-55.3%
Operating income$20.0M-86.0%
Net income-$16.4M+56.7%
EPS (diluted)-$0.24+54.7%

Balance sheet

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Cash & equivalents$595.4M+31.2%
Total debt$1.2B-0.7%
Total equity$3.2B+43.2%
Total assets$5.4B+22.3%

Cash flow

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Operating cash flow$75.0M-51.9%
CapEx$100.9M+0.7%
Free cash flow-$25.9M-146%

Valuation

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Market cap$5.44B+143%

Profitability

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Gross margin28.3%-1.3pp
Operating margin16%-3.0pp
Net margin45.4%+32.8pp
FCF margin-31.2%

Returns & leverage

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Return on equity37.4%+22.8pp
Debt / equity0.4×-0.2×
Current ratio1.5×-0.1×

Where this comes from

Reported directly by Valaris in its filing.

Tagged under the XBRL concept us-gaap:AllowanceForDoubtfulAccountsReceivableCurrent.

The official record: Valaris’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Valaris's allowance for doubtful accounts receivable (current)?
Valaris (VAL) reported allowance for doubtful accounts receivable (current) of $14.6M in Q1 2026.
How has Valaris's allowance for doubtful accounts receivable (current) changed year-over-year?
Valaris's allowance for doubtful accounts receivable (current) decreased by 12.0% year-over-year, from $16.6M to $14.6M.
What is the long-term trend for Valaris's allowance for doubtful accounts receivable (current)?
Over 5 years (2020 to 2025), Valaris's allowance for doubtful accounts receivable (current) has grown at a -1.7% compound annual growth rate (CAGR), from $16.2M to $14.9M.
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.