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MGUFF (Magnum Mining and Exploration) Accounts Payable & Accrued Expense : $0.13 Mil (As of Jun. 2024)


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What is Magnum Mining and Exploration Accounts Payable & Accrued Expense?

Magnum Mining and Exploration's quarterly accounts payable & accrued expense declined from Jun. 2023 ($0.33 Mil) to Dec. 2023 ($0.04 Mil) but then increased from Dec. 2023 ($0.04 Mil) to Jun. 2024 ($0.13 Mil).

Magnum Mining and Exploration's annual accounts payable & accrued expense increased from Dec. 2021 ($0.28 Mil) to Dec. 2022 ($0.34 Mil) but then declined from Dec. 2022 ($0.34 Mil) to Dec. 2023 ($0.04 Mil).


Magnum Mining and Exploration Accounts Payable & Accrued Expense Historical Data

The historical data trend for Magnum Mining and Exploration'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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Magnum Mining and Exploration Accounts Payable & Accrued Expense Chart

Magnum Mining and Exploration Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.15 0.28 0.34 0.04

Magnum Mining and Exploration Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.21 0.34 0.33 0.04 0.13

Magnum Mining and Exploration 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.


Magnum Mining and Exploration Business Description

Traded in Other Exchanges
Address
No. 311-313 Hay Street, Subiaco, WA, AUS, 6008
Magnum Mining and Exploration Ltd is a mining and exploration company. Its geographical segments include Australia, the United States, and South Africa. The company's projects include Buena Vista Magnetite Project and HIsmelt Green Pig Iron Project.

Magnum Mining and Exploration Headlines

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