Cosmo Metals (ASX:CMO) Accounts Payable & Accrued Expense : A$0.20 Mil (As of Dec. 2023)

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What is Cosmo Metals Accounts Payable & Accrued Expense?

Cosmo Metals's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$0.43 Mil) to Jun. 2023 (A$0.34 Mil) and declined from Jun. 2023 (A$0.34 Mil) to Dec. 2023 (A$0.20 Mil).

Cosmo Metals's annual accounts payable & accrued expense stayed the same from . 20 (A$0.00 Mil) to . 20 (A$0.00 Mil) but then increased from . 20 (A$0.00 Mil) to Jun. 2023 (A$0.34 Mil).

Cosmo Metals Accounts Payable & Accrued Expense Historical Data

The historical data trend for Cosmo Metals'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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Cosmo Metals Accounts Payable & Accrued Expense Chart

Cosmo Metals Annual Data

Trend

Jun23

Accounts Payable & Accrued Expense

0.34

Cosmo Metals Semi-Annual Data
	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	0.43	0.34	0.20

Cosmo Metals 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.