KGL Resources (ASX:KGL) Accounts Payable & Accrued Expense : A$1.08 Mil (As of Dec. 2023)

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What is KGL Resources Accounts Payable & Accrued Expense?

KGL Resources's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$0.91 Mil) to Jun. 2023 (A$1.66 Mil) but then declined from Jun. 2023 (A$1.66 Mil) to Dec. 2023 (A$1.08 Mil).

KGL Resources's annual accounts payable & accrued expense declined from Dec. 2021 (A$2.87 Mil) to Jun. 2022 (A$2.44 Mil) and declined from Jun. 2022 (A$2.44 Mil) to Jun. 2023 (A$1.66 Mil).

KGL Resources Accounts Payable & Accrued Expense Historical Data

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

KGL Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Jun22

Jun23

Accounts Payable & Accrued Expense

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0.73

0.45

2.87

2.44

1.66

KGL Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.87	2.44	0.91	1.66	1.08

KGL 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.

KGL Resources (ASX:KGL) Business Description

Industry

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

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Traded in Other Exchanges

KN6:Germany

Address

167 Eagle Street, Level 5, Brisbane, QLD, AUS, 4000

Website

https://www.kglresources.com.au

KGL Resources Ltd is a mineral exploration company. Its projects are Yambah, Unca Creek, The Jervois Project, and others. The Group has one reportable segment, being exploration at the Jervois Copper Project in the Northern Territory.

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