Red River Resources (ASX:RVR) Accounts Payable & Accrued Expense : A$14.5 Mil (As of Jun. 2022)

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What is Red River Resources Accounts Payable & Accrued Expense?

Red River Resources's quarterly accounts payable & accrued expense declined from Jun. 2021 (A$14.3 Mil) to Dec. 2021 (A$13.8 Mil) but then increased from Dec. 2021 (A$13.8 Mil) to Jun. 2022 (A$14.5 Mil).

Red River Resources's annual accounts payable & accrued expense declined from Jun. 2020 (A$17.7 Mil) to Jun. 2021 (A$14.3 Mil) but then increased from Jun. 2021 (A$14.3 Mil) to Jun. 2022 (A$14.5 Mil).

Red River Resources Accounts Payable & Accrued Expense Historical Data

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

Red River Resources Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Accounts Payable & Accrued Expense

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13.29

16.98

17.74

14.26

14.52

Red River Resources Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															17.74	21.55	14.26	13.83	14.52

Red River 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.

Red River Resources (ASX:RVR) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

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Address

18144 Flinders Highway, Thalanga Mine, Charters Towers, QLD, AUS, 4820

Website

https://www.redriverresources.com.au

Red River Resources Ltd is seeking to build a multi-asset operating business focused on base and precious metals with the objective of delivering prosperity through lean and clever resource development. Its foundation asset is the Thalanga Base Metal Operation in Northern Queensland, where the company commenced copper, lead and zinc concentrate production in September 2017. It has acquired the high-grade Hillgrove Gold Project in New South Wales, which will enable the company to build a multi-asset operating business focused on base and precious metals. The company operates only in the industry of exploration for and development of minerals in Australia.