Nickel Industries (ASX:NIC) Accounts Payable & Accrued Expense : A$288 Mil (As of Dec. 2023)

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What is Nickel Industries Accounts Payable & Accrued Expense?

Nickel Industries's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$263 Mil) to Jun. 2023 (A$291 Mil) but then declined from Jun. 2023 (A$291 Mil) to Dec. 2023 (A$288 Mil).

Nickel Industries's annual accounts payable & accrued expense increased from Dec. 2021 (A$78 Mil) to Dec. 2022 (A$263 Mil) and increased from Dec. 2022 (A$263 Mil) to Dec. 2023 (A$288 Mil).

Nickel Industries Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nickel Industries'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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Nickel Industries Accounts Payable & Accrued Expense Chart

Nickel Industries Annual Data

Trend

Jun19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

60.84

53.47

77.92

262.59

287.98

Nickel Industries Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							77.92	151.66	262.59	290.97	287.98

Nickel Industries 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.

Nickel Industries (ASX:NIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nickel Industries Ltd (ASX:NIC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

NICMF:USA NM5:Germany

Address

66 Hunter Street, Level 2, Sydney, NSW, AUS, 2000

Website

https://www.nickelmines.com.au

Nickel Industries Ltd is engaged in acquiring, exploring, and developing nickel projects. It holds 80% interest in the Hengjaya Nickel and Ranger Nickel projects, both of which operate 2 line Rotary Kiln Electric Furnace (RKEF) plants producing NPI within the Indonesia Morowali Industrial Park (IMIP). Nickel Industries also holds an 80% economic interest in the Hengjaya Mineralindo Nickel Mine ('Hengjaya Mine'), a large tonnage, high-grade saprolite deposit located in the Morowali Regency of Central Sulawesi, Indonesia.