Macro Metals (ASX:M4M) Accounts Payable & Accrued Expense : A$0.37 Mil (As of Dec. 2023)

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What is Macro Metals Accounts Payable & Accrued Expense?

Macro Metals's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$0.29 Mil) to Jun. 2023 (A$0.60 Mil) but then declined from Jun. 2023 (A$0.60 Mil) to Dec. 2023 (A$0.37 Mil).

Macro Metals's annual accounts payable & accrued expense increased from Jun. 2021 (A$0.17 Mil) to Jun. 2022 (A$0.40 Mil) and increased from Jun. 2022 (A$0.40 Mil) to Jun. 2023 (A$0.60 Mil).

Macro Metals Accounts Payable & Accrued Expense Historical Data

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

Macro Metals Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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1.90

0.26

0.17

0.40

0.60

Macro Metals 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															0.12	0.40	0.29	0.60	0.37

Macro 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.

Macro Metals (ASX:M4M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Macro Metals Ltd (ASX:M4M) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

60 Stirling Highway, peppermint Grove, Suite 38, Perth, WA, AUS, 6011

Website

https://www.kogiiron.com

Macro Metals Ltd is a mineral exploration company. The principal activities of the company consist of exploration and evaluation of WA iron ore tenements, acquisition of additional prospective tenements in WA, proposed acquisition of Chilean lithium projects, and continued evaluation of Agbaja Cast Steel Project. It operates in one industry segment, which is mineral exploration, evaluation, and development, and operates in two geographic segments: the Federal Republic of Nigeria and Australia.

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