Global Lithium Resources (ASX:GL1) Accounts Payable & Accrued Expense : A$3.52 Mil (As of Dec. 2023)

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What is Global Lithium Resources Accounts Payable & Accrued Expense?

Global Lithium Resources's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$5.26 Mil) to Jun. 2023 (A$3.77 Mil) and declined from Jun. 2023 (A$3.77 Mil) to Dec. 2023 (A$3.52 Mil).

Global Lithium Resources's annual accounts payable & accrued expense increased from Jun. 2021 (A$0.74 Mil) to Jun. 2022 (A$3.59 Mil) and increased from Jun. 2022 (A$3.59 Mil) to Jun. 2023 (A$3.77 Mil).

Global Lithium Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for Global Lithium 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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Global Lithium Resources Accounts Payable & Accrued Expense Chart

Global Lithium Resources Annual Data

Trend

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

0.74

3.59

3.77

Global Lithium Resources Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			0.68	3.59	5.26	3.77	3.52

Global Lithium 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.

Global Lithium Resources (ASX:GL1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Global Lithium Resources Ltd (ASX:GL1) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

16 Ventnor Avenue, Level 1, Perth, WA, AUS, 6005

Website

https://www.globallithium.com.au

Global Lithium Resources Ltd is an emerging lithium exploration company with a primary 100% focus on the Marble Bar Lithium Project in the Pilbara region of Western Australia and an 80% interest in the exploration rights and future mining rights to lithium and lithium associated comineral rights in the Manna Lithium Project.

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