Classic Minerals (ASX:CLZ) Accounts Payable & Accrued Expense : A$7.25 Mil (As of Dec. 2023)

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What is Classic Minerals Accounts Payable & Accrued Expense?

Classic Minerals's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$5.85 Mil) to Jun. 2023 (A$6.42 Mil) and increased from Jun. 2023 (A$6.42 Mil) to Dec. 2023 (A$7.25 Mil).

Classic Minerals's annual accounts payable & accrued expense increased from Jun. 2021 (A$4.65 Mil) to Jun. 2022 (A$5.88 Mil) and increased from Jun. 2022 (A$5.88 Mil) to Jun. 2023 (A$6.42 Mil).

Classic Minerals Accounts Payable & Accrued Expense Historical Data

The historical data trend for Classic Minerals'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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Classic Minerals Accounts Payable & Accrued Expense Chart

Classic Minerals Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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2.05

3.24

4.65

5.88

6.42

Classic Minerals 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															4.37	5.88	5.85	6.42	7.25

Classic Minerals 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.

Classic Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Classic Minerals Ltd (ASX:CLZ) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

2I7:Germany

Address

71 Furniss Road, Landsdale, Perth, WA, AUS, 6065

Website

https://www.classicminerals.com.au

Classic Minerals Ltd is an Australian is an exploration and development company. The principal business activity of the company includes the exploration of mineral resource-based projects, focusing on nickel and gold metals. The company owns an interest in Forrestania Gold Project, Van Uden West prospect, Tangerine Trees Prospect, Fraser Range Project, and Flagship Kat Gap Project.

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