Discovery Metals (ASX:DML) Accounts Payable & Accrued Expense : A$27.7 Mil (As of Jun. 2014)

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What is Discovery Metals Accounts Payable & Accrued Expense?

Discovery Metals's quarterly accounts payable & accrued expense increased from Jun. 2012 (A$25.1 Mil) to Jun. 2013 (A$29.4 Mil) but then declined from Jun. 2013 (A$29.4 Mil) to Jun. 2014 (A$27.7 Mil).

Discovery Metals's annual accounts payable & accrued expense increased from Jun. 2012 (A$25.1 Mil) to Jun. 2013 (A$29.4 Mil) but then declined from Jun. 2013 (A$29.4 Mil) to Jun. 2014 (A$27.7 Mil).

Discovery Metals Accounts Payable & Accrued Expense Historical Data

The historical data trend for Discovery Metals'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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Discovery Metals Accounts Payable & Accrued Expense Chart

Discovery Metals Annual Data

Trend

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Accounts Payable & Accrued Expense

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0.97

18.09

25.09

29.42

27.70

Discovery Metals Semi-Annual Data
	Jun04	Jun05	Jun06	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						0.97	18.09	25.09	29.42	27.70

Discovery Metals 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.

Discovery Metals (ASX:DML) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.discoverymetals.com

Discovery Metals Limited (DML) is incorporated in Australia. It is engaged in nickel and copper exploration company. The company focuses on the exploration and development on its two major projects in Botswana being the Maun Copper Project and the Dikoloti Nickel Project.

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