Direct Nickel (ASX:DIR) Accounts Payable & Accrued Expense : A$0.11 Mil (As of Dec. 2014)

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What is Direct Nickel Accounts Payable & Accrued Expense?

Direct Nickel's quarterly accounts payable & accrued expense increased from Dec. 2013 (A$0.29 Mil) to Jun. 2014 (A$0.71 Mil) but then declined from Jun. 2014 (A$0.71 Mil) to Dec. 2014 (A$0.11 Mil).

Direct Nickel's annual accounts payable & accrued expense increased from Jun. 2012 (A$0.60 Mil) to Jun. 2013 (A$0.87 Mil) but then declined from Jun. 2013 (A$0.87 Mil) to Jun. 2014 (A$0.71 Mil).

Direct Nickel Accounts Payable & Accrued Expense Historical Data

The historical data trend for Direct Nickel'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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Direct Nickel Accounts Payable & Accrued Expense Chart

Direct Nickel Annual Data

Trend

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Accounts Payable & Accrued Expense

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0.25

0.40

0.60

0.87

0.71

Direct Nickel Semi-Annual Data
	Jun04	Dec04	Jun05	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.63	0.87	0.29	0.71	0.11

Direct Nickel 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.

Direct Nickel (ASX:DIR) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.directnickel.com

Direct Nickel Ltd is incorporated and domiciled in Australia. The Company is engaged in the research and development of nickel processing technology within the Oceania region. The Company has operations in Sydney and Perth. It also operates in Indonesia through its subsidiary, PT Direct Nickel with offices in Jakarta and has a 50% interest in a laterite deposit in Papua New Guinea.

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