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Suvo Strategic Minerals (ASX:SUV) Accounts Payable & Accrued Expense : A$2.83 Mil (As of Dec. 2023)


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What is Suvo Strategic Minerals Accounts Payable & Accrued Expense?

Suvo Strategic Minerals's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$2.01 Mil) to Jun. 2023 (A$1.90 Mil) but then increased from Jun. 2023 (A$1.90 Mil) to Dec. 2023 (A$2.83 Mil).

Suvo Strategic Minerals's annual accounts payable & accrued expense increased from Jun. 2021 (A$1.83 Mil) to Jun. 2022 (A$3.41 Mil) but then declined from Jun. 2022 (A$3.41 Mil) to Jun. 2023 (A$1.90 Mil).


Suvo Strategic Minerals Accounts Payable & Accrued Expense Historical Data

The historical data trend for Suvo Strategic Minerals'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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Suvo Strategic Minerals Accounts Payable & Accrued Expense Chart

Suvo Strategic Minerals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.15 1.83 3.41 1.90

Suvo Strategic Minerals 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.17 3.41 2.01 1.90 2.83

Suvo Strategic Minerals 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.


Suvo Strategic Minerals (ASX:SUV) Business Description

Traded in Other Exchanges
N/A
Address
3610 Glenelg Hwy, Pittong, VIC, AUS, 3360
Suvo Strategic Minerals Ltd is a dual commodity mining company focused on the development of their 100% owned Eneabba Silica Sands Project which is located 300km north of Perth and their 100% owned Gabbin Kaolin Project is located 215km northeast of Perth, Western Australia. The company operates in three segments; Corporate, Exploration & Evaluation and Kaolin Production. The revenue is generated from Kaolin Production segment.

Suvo Strategic Minerals (ASX:SUV) Headlines

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