Metarock Group (ASX:MYE) Accounts Payable & Accrued Expense : A$41.9 Mil (As of Dec. 2023)

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What is Metarock Group Accounts Payable & Accrued Expense?

Metarock Group's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$75.3 Mil) to Jun. 2023 (A$55.2 Mil) and declined from Jun. 2023 (A$55.2 Mil) to Dec. 2023 (A$41.9 Mil).

Metarock Group's annual accounts payable & accrued expense increased from Jun. 2021 (A$24.4 Mil) to Jun. 2022 (A$69.2 Mil) but then declined from Jun. 2022 (A$69.2 Mil) to Jun. 2023 (A$55.2 Mil).

Metarock Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Metarock Group'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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Metarock Group Accounts Payable & Accrued Expense Chart

Metarock Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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16.82

34.14

24.41

69.25

55.23

Metarock Group 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															56.54	69.25	75.26	55.23	41.88

Metarock Group 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.

Metarock Group (ASX:MYE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Metarock Group Ltd (ASX:MYE) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

024:Germany

Address

45 River Street, P.O. Box 1671, Level 1, Riverside Plaza, Mackay, QLD, AUS, 4740

Website

https://www.mastermyne.com.au

Metarock Group Ltd provides contracting services to underground longwall mining operations and industrial products and services in the coalfields and supporting industries of Queensland and New South Wales. It provides a full range of services and equipment to the coal mining industry that includes: Roadway development; Conveyors; Longwall relocations and others. The company's segment includes Mastermyne and PYBAR. It generates maximum revenue from the Mastermyne segment.