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Critical Minerals Group (ASX:CMG) Accounts Payable & Accrued Expense : A$0.10 Mil (As of Dec. 2023)


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What is Critical Minerals Group Accounts Payable & Accrued Expense?

Critical Minerals Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$0.11 Mil) to Jun. 2023 (A$0.12 Mil) but then declined from Jun. 2023 (A$0.12 Mil) to Dec. 2023 (A$0.10 Mil).

Critical Minerals Group's annual accounts payable & accrued expense increased from . 20 (A$0.00 Mil) to Jun. 2022 (A$0.20 Mil) but then declined from Jun. 2022 (A$0.20 Mil) to Jun. 2023 (A$0.12 Mil).


Critical Minerals Group Accounts Payable & Accrued Expense Historical Data

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

Critical Minerals Group Annual Data
Trend Jun22 Jun23
Accounts Payable & Accrued Expense
0.20 0.12

Critical Minerals Group Semi-Annual Data
Dec21 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense 0.10 0.11 0.12 0.10

Critical Minerals Group 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.


Critical Minerals Group (ASX:CMG) Business Description

Traded in Other Exchanges
N/A
Address
10 Eagle Street, Level 4, Gold Tower, Brisbane, QLD, AUS, 4000
Critical Minerals Group Ltd is a mineral exploration company seeking to explore and develop prospective critical minerals projects. It holds interest in Lindfield Project, Figtree Creek Project, and Lorena Surrounds Project. The Group is into one operating segment, mining and exploration operations Geographically, it operates in Australia.