Asiamet Resources (LSE:ARS) Accounts Payable & Accrued Expense : £0.21 Mil (As of Dec. 2023)

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What is Asiamet Resources Accounts Payable & Accrued Expense?

Asiamet Resources's quarterly accounts payable & accrued expense declined from Dec. 2022 (£0.54 Mil) to Jun. 2023 (£0.27 Mil) and declined from Jun. 2023 (£0.27 Mil) to Dec. 2023 (£0.21 Mil).

Asiamet Resources's annual accounts payable & accrued expense increased from Dec. 2021 (£0.40 Mil) to Dec. 2022 (£0.54 Mil) but then declined from Dec. 2022 (£0.54 Mil) to Dec. 2023 (£0.21 Mil).

Asiamet Resources Accounts Payable & Accrued Expense Historical Data

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

Asiamet Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.30

0.29

0.40

0.54

0.21

Asiamet Resources 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															0.40	0.67	0.54	0.27	0.21

Asiamet 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.

Asiamet Resources (LSE:ARS) Business Description

Industry

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Traded in Other Exchanges

KMGLF:USA

Address

303 CollinsStreet, Level 17, Melbourne, VIC, AUS, 3000

Website

https://www.asiametresources.com

Asiamet Resources Ltd is a dynamic junior company focused on the exploration and development of its portfolio of large copper-gold deposits on the Indonesian islands of Kalimantan and Sumatra, adjacent to the key growth markets in Asia. The company's only segment is mineral exploration and development. Its project includes Beutong copper-gold, the KSK copper project, BKZ polymetallic project, and KSK prospects.

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