Aldoro Resources (ASX:ARN) Accounts Payable & Accrued Expense : A$0.18 Mil (As of Dec. 2023)

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What is Aldoro Resources Accounts Payable & Accrued Expense?

Aldoro Resources's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$0.44 Mil) to Jun. 2023 (A$0.49 Mil) but then declined from Jun. 2023 (A$0.49 Mil) to Dec. 2023 (A$0.18 Mil).

Aldoro Resources's annual accounts payable & accrued expense increased from Jun. 2021 (A$0.27 Mil) to Jun. 2022 (A$0.54 Mil) but then declined from Jun. 2022 (A$0.54 Mil) to Jun. 2023 (A$0.49 Mil).

Aldoro Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for Aldoro Resources'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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Aldoro Resources Accounts Payable & Accrued Expense Chart

Aldoro Resources Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

0.08

0.41

0.27

0.54

0.49

Aldoro Resources Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						0.20	0.54	0.44	0.49	0.18

Aldoro Resources 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.

Aldoro Resources (ASX:ARN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aldoro Resources Ltd (ASX:ARN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

23 Railway Road, Suite 11, 12 Level 2, Subiaco, Perth, WA, AUS, 6008

Website

https://www.aldororesources.com

Aldoro Resources Ltd is an exploration company established to explore and develop gold and nickel mineral properties. Its projects include the Narndee Igneous Complex, the Kameelburg Ree Project, the Niobe Project, the Wyemandoo critical mineral project, and other mineral projects. The Group operates only in one reportable segment being predominately in the area of gold and nickel mineral exploration in Australia.

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