Dril-Quip (FRA:DQU) Marketable Securities : €3.7 Mil (As of Mar. 2024)

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What is Dril-Quip Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Dril-Quip's Marketable Securities for the quarter that ended in Mar. 2024 was €3.7 Mil.

Dril-Quip's annual Marketable Securities increased from Dec. 2021 (€0.0 Mil) to Dec. 2022 (€30.4 Mil) but then declined from Dec. 2022 (€30.4 Mil) to Dec. 2023 (€23.8 Mil).

Dril-Quip Marketable Securities Historical Data

The historical data trend for Dril-Quip's Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Dril-Quip Marketable Securities Chart

Dril-Quip Annual Data

Trend

Dec14

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Dec23

Marketable Securities

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30.43

23.76

Dril-Quip Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Marketable Securities	Get a 7-Day Free Trial															17.67	17.35	8.35	23.76	3.70

Dril-Quip Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Dril-Quip (FRA:DQU) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Dril-Quip Marketable Securities Related Terms

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Dril-Quip (FRA:DQU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dril-Quip Inc (FRA:DQU) » Definitions » Marketable Securities

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Traded in Other Exchanges

DRQ:USA

Address

2050 West Sam Houston Parkway S., Suite 1100, Houston, TX, USA, 77042

Website

https://www.dril-quip.com

Dril-Quip Inc. designs, manufactures, sells and services engineered drilling and production equipment for both offshore and onshore applications. The Company's revenues are generated from three sources, Product revenues are derived from the sale of drilling and production equipment. Service revenues are earned when the Company provides technical advisory assistance and rework and reconditioning services. Leasing revenues are derived from rental tools used during the installation and retrieval of the Company's products. The Company's operations are organized into three geographic segments, Western Hemisphere (including North and South America), Eastern Hemisphere (including Europe and Africa) and Asia-Pacific (including the Pacific Rim, Southeast Asia, Australia, India and the Middle East).

Dril-Quip (FRA:DQU) Headlines

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