National Energy Services Reunited Corp.
For the period ended Mar 31, 2026. Filed May 11, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 11, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
3. ACCOUNTS RECEIVABLE, NET
- ACCOUNTS RECEIVABLE, NET
The following table summarizes the accounts receivable of the Company as of the period end dates set forth below (in US$ thousands):
| As of | ||
|---|---|---|
| March 31, 2026 | December 31, 2025 | |
| Trade receivables | $242,142 | $191,792 |
| Less: allowance for credit losses | (14,210) | (13,772) |
| Total | $227,932 | $178,020 |
Trade receivables relate to the sale of services, for which credit is extended based on the Company’s evaluation of the customer’s creditworthiness. The movement in the allowance for credit losses is as follows (in US$ thousands):
| For the three-month period ended | ||
|---|---|---|
| March 31, 2026 | March 31, 2025 | |
| Allowance for credit losses at beginning of period | $(13,772) | $(15,206) |
| (Increase) decrease to allowance for the period | (480) | 16 |
| Write-off of credit losses | 42 | 160 |
| Reclassifications | - | - |
| Allowance for credit losses at end of period | $(14,210) | $(15,030) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.