Australian Gold and Copper (ASX:AGC) Accounts Payable & Accrued Expense : A$0.13 Mil (As of Dec. 2023)

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What is Australian Gold and Copper Accounts Payable & Accrued Expense?

Australian Gold and Copper's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$0.07 Mil) to Jun. 2023 (A$0.11 Mil) and increased from Jun. 2023 (A$0.11 Mil) to Dec. 2023 (A$0.13 Mil).

Australian Gold and Copper's annual accounts payable & accrued expense declined from Jun. 2021 (A$0.21 Mil) to Jun. 2022 (A$0.15 Mil) and declined from Jun. 2022 (A$0.15 Mil) to Jun. 2023 (A$0.11 Mil).

Australian Gold and Copper Accounts Payable & Accrued Expense Historical Data

The historical data trend for Australian Gold and Copper's Accounts Payable & Accrued Expense 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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Australian Gold and Copper Accounts Payable & Accrued Expense Chart

Australian Gold and Copper Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

0.21

0.15

0.11

Australian Gold and Copper Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			0.11	0.15	0.07	0.11	0.13

Australian Gold and Copper Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Australian Gold and Copper (ASX:AGC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Australian Gold and Copper Ltd (ASX:AGC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Hampden Road, Suite 7, Nedlands, Perth, WA, AUS, 6009

Website

https://www.austgoldcopper.com.au

Australian Gold and Copper Ltd is engaged in exploring and developing gold exploration projects with demonstrated high discovery potential. Its projects include the Moorefield project, Derriwong project, Rast project, Gundagai project, and Cargelligo project.