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ASMMF (Australian Strategic Materials) Accounts Payable & Accrued Expense : $3.19 Mil (As of Jun. 2024)


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What is Australian Strategic Materials Accounts Payable & Accrued Expense?

Australian Strategic Materials's quarterly accounts payable & accrued expense increased from Jun. 2023 ($2.28 Mil) to Dec. 2023 ($2.66 Mil) and increased from Dec. 2023 ($2.66 Mil) to Jun. 2024 ($3.19 Mil).

Australian Strategic Materials's annual accounts payable & accrued expense declined from Jun. 2022 ($2.45 Mil) to Jun. 2023 ($2.28 Mil) but then increased from Jun. 2023 ($2.28 Mil) to Jun. 2024 ($3.19 Mil).

Australian Strategic Materials Accounts Payable & Accrued Expense Historical Data

The historical data trend for Australian Strategic Materials'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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Australian Strategic Materials Accounts Payable & Accrued Expense Chart

Australian Strategic Materials Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Accounts Payable & Accrued Expense
0.92 2.45 2.28 3.19

Australian Strategic Materials Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only 2.45 2.20 2.28 2.66 3.19

Australian Strategic Materials 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.

Australian Strategic Materials Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Australian Strategic Materials Ltd (OTCPK:ASMMF) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
ASM:Australia
Address
66 Kings Park Road, Level 4, West Perth, Perth, WA, AUS, 6005
Website
https://www.asm-au.com
Australian Strategic Materials Ltd is engaged in the business of producing and mining specialty metal and oxides. The product portfolio includes neodymium, praseodymium, zirconium, hafnium, dysprosium, terbium and niobium oxides. Its Dubbo Project includes Central Western New South Wales, Australia. The company's segment includes Corporate, Dubbo, and Korea. The company generates majority of its revenue from Korea, which includes the Korean Metals Plant.

Australian Strategic Materials Headlines

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