Mt Malcolm Mines NL (ASX:M2M) Accounts Payable & Accrued Expense : A$0.28 Mil (As of Dec. 2023)

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What is Mt Malcolm Mines NL Accounts Payable & Accrued Expense?

Mt Malcolm Mines NL's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$0.71 Mil) to Jun. 2023 (A$0.32 Mil) and declined from Jun. 2023 (A$0.32 Mil) to Dec. 2023 (A$0.28 Mil).

Mt Malcolm Mines NL's annual accounts payable & accrued expense increased from . 20 (A$0.00 Mil) to Jun. 2022 (A$0.46 Mil) but then declined from Jun. 2022 (A$0.46 Mil) to Jun. 2023 (A$0.32 Mil).

Mt Malcolm Mines NL Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mt Malcolm Mines NL'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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Mt Malcolm Mines NL Accounts Payable & Accrued Expense Chart

Mt Malcolm Mines NL Annual Data

Trend

Jun22

Jun23

Accounts Payable & Accrued Expense

0.46

0.32

Mt Malcolm Mines NL Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	0.23	0.46	0.71	0.32	0.28

Mt Malcolm Mines NL 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.

Mt Malcolm Mines NL (ASX:M2M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mt Malcolm Mines NL (ASX:M2M) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Sarich Court, Osborne Park, Perth, WA, AUS, 6017

Website

https://www.mtmalcolm.com.au

Mt Malcolm Mines NL is a gold-focused exploration company. Its key project is the Malcolm Project located in the Mt Malcolm District of the Mt Margaret Mineral Field in Western Australia. The firm is organised into two operating segments, which is corporate and exploration operations.

Mt Malcolm Mines NL (ASX:M2M) Headlines

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