Desoto Resources (ASX:DES) Accounts Payable & Accrued Expense : A$0.17 Mil (As of Dec. 2024)

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What is Desoto Resources Accounts Payable & Accrued Expense?

Desoto Resources's quarterly accounts payable & accrued expense increased from Dec. 2023 (A$0.18 Mil) to Jun. 2024 (A$0.28 Mil) but then declined from Jun. 2024 (A$0.28 Mil) to Dec. 2024 (A$0.17 Mil).

Desoto Resources's annual accounts payable & accrued expense increased from . 20 (A$0.00 Mil) to Jun. 2023 (A$0.20 Mil) and increased from Jun. 2023 (A$0.20 Mil) to Jun. 2024 (A$0.28 Mil).

Desoto Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for Desoto Resources'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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Desoto Resources Accounts Payable & Accrued Expense Chart

Desoto Resources Annual Data

Trend

Jun23

Jun24

Accounts Payable & Accrued Expense

0.20

0.28

Desoto Resources Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	0.22	0.20	0.18	0.28	0.17

Desoto Resources 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.

Desoto Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Desoto Resources Ltd (ASX:DES) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Outram Street, Level 2, West Perth, WA, AUS, 6005

Website

https://www.desotoresources.com

Desoto Resources Ltd is into exploring and developing mineral projects. It owns interest in the Pine Creek Project located in the Northern Territory. The company's project includes fenix lithium-gold project, fenton gold project, and spectrum ree project.

Desoto Resources Headlines

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