Genmin (ASX:GEN) Accounts Payable & Accrued Expense : A$2.43 Mil (As of Jun. 2024)

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What is Genmin Accounts Payable & Accrued Expense?

Genmin's quarterly accounts payable & accrued expense increased from Jun. 2023 (A$4.62 Mil) to Dec. 2023 (A$7.66 Mil) but then declined from Dec. 2023 (A$7.66 Mil) to Jun. 2024 (A$2.43 Mil).

Genmin's annual accounts payable & accrued expense increased from Dec. 2021 (A$2.23 Mil) to Dec. 2022 (A$5.36 Mil) and increased from Dec. 2022 (A$5.36 Mil) to Dec. 2023 (A$7.66 Mil).

Genmin Accounts Payable & Accrued Expense Historical Data

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

Genmin Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

1.08

2.23

5.36

7.66

Genmin Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			2.73	5.36	4.62	7.66	2.43

Genmin 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.

Genmin Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

216 Street Georges Terrace, Suite 3, Level 8, London House, Perth, WA, AUS, 6000

Website

https://www.genmingroup.com

Genmin Ltd is an iron ore exploration and development company with a pipeline of projects in Gabon. The company has six exploration licenses in Gabon, covering three projects. Its project includes Baniaka; Bakoumba and Bitam polymetallic project. The company's operating segments include Gabon Exploration and Corporate.