Nkwe Platinum (Nkwe Platinum) Accounts Payable & Accrued Expense : $0.05 Mil (As of Jun. 2018)

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What is Nkwe Platinum Accounts Payable & Accrued Expense?

Nkwe Platinum's quarterly accounts payable & accrued expense increased from Jun. 2017 ($0.24 Mil) to Dec. 2017 ($0.27 Mil) but then declined from Dec. 2017 ($0.27 Mil) to Jun. 2018 ($0.05 Mil).

Nkwe Platinum's annual accounts payable & accrued expense declined from Jun. 2014 ($1.42 Mil) to Dec. 2016 ($0.20 Mil) but then increased from Dec. 2016 ($0.20 Mil) to Dec. 2017 ($0.27 Mil).

Nkwe Platinum Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nkwe Platinum'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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Nkwe Platinum Accounts Payable & Accrued Expense Chart

Nkwe Platinum Annual Data

Trend

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Dec16

Dec17

Accounts Payable & Accrued Expense

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3.50

2.45

1.42

0.20

0.27

Nkwe Platinum Semi-Annual Data
	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.45	0.20	0.24	0.27	0.05

Nkwe Platinum 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.

Nkwe Platinum (Nkwe Platinum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nkwe Platinum Ltd (OTCPK:NKWEY) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Level 1, 18 Kings Park Road, West Perth, Perth, WA, AUS, 6005

Website

http://www.nkweplatinum.com

Nkwe Platinum Ltd is a platinum exploration company targeting mid-level projects and market capitalization. The company is involved in baskets of platinum projects in Limpopo in South Africa. The firm's flagship project is the Garatau project which comprises of three properties namely De Kom 252 KT, Garataouw 282KT and Hoepakrantz 291 KT. These three properties are located in the Eastern Limb of the Bushveld complex, South Africa. The project has a surface footprint of over 5000 hectares and is underlain by both the Platinum bearing Merensky Reef and UG2 chromitite.

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