Savannah Resources (LSE:SAV) Accounts Payable & Accrued Expense : £0.94 Mil (As of Dec. 2023)

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What is Savannah Resources Accounts Payable & Accrued Expense?

Savannah Resources's quarterly accounts payable & accrued expense declined from Dec. 2022 (£0.68 Mil) to Jun. 2023 (£0.45 Mil) but then increased from Jun. 2023 (£0.45 Mil) to Dec. 2023 (£0.94 Mil).

Savannah Resources's annual accounts payable & accrued expense declined from Dec. 2021 (£0.95 Mil) to Dec. 2022 (£0.68 Mil) but then increased from Dec. 2022 (£0.68 Mil) to Dec. 2023 (£0.94 Mil).

Savannah Resources Accounts Payable & Accrued Expense Historical Data

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

Savannah Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

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Dec20

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Dec23

Accounts Payable & Accrued Expense

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0.53

0.49

0.95

0.68

0.94

Savannah 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															0.95	0.34	0.68	0.45	0.94

Savannah 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.

Savannah Resources (LSE:SAV) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Savannah Resources PLC (LSE:SAV) » Definitions » Accounts Payable & Accrued Expense

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SAVNF:USA SAV:Germany

Address

Salisbury House, London Wall, London, GBR, EC2M 5PS

Website

https://www.savannahresources.com

Savannah Resources PLC is a mineral resource development company. Its flagship asset is the wholly-owned Barros Lithium Project in northern Portugal. The project boasts the spodumene lithium resource in Western Europe and is an analog of the hard rock lithium deposits in Australia. Savannah is focused on the responsible development and operation of the Barroso Lithium Project to provide a long-term, local source of lithium raw material for Europe's rapidly developing lithium battery value chain. Alongside its development of the Barroso Lithium Project, the company maintains an active growth strategy and continues to target additional projects that add value and complement the existing portfolio.

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