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Grange Resources (ASX:GRR) Accounts Payable & Accrued Expense : A$50.4 Mil (As of Dec. 2023)


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What is Grange Resources Accounts Payable & Accrued Expense?

Grange Resources's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$67.7 Mil) to Jun. 2023 (A$34.8 Mil) but then increased from Jun. 2023 (A$34.8 Mil) to Dec. 2023 (A$50.4 Mil).

Grange Resources's annual accounts payable & accrued expense declined from Dec. 2021 (A$120.8 Mil) to Dec. 2022 (A$67.7 Mil) and declined from Dec. 2022 (A$67.7 Mil) to Dec. 2023 (A$50.4 Mil).

Grange Resources Accounts Payable & Accrued Expense Historical Data

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

Grange Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.26 39.88 120.84 67.72 50.38

Grange Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 120.84 70.89 67.72 34.83 50.38

Grange 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.

Grange Resources (ASX:GRR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Grange Resources Ltd (ASX:GRR) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
GRRLF:USA GRR:Germany
Address
34A Alexander Street, Burnie, TAS, AUS, 7320
Website
https://www.grangeresources.com.au
Grange Resources Ltd is engaged in the exploration, evaluation, and development of mineral resources and iron ore mining operations. Its projects include the Southdown Magnetite and associated Pellet Plant Projects. The Group has two reportable segments: Exploration, evaluation, and development of mineral resources and iron ore mining operations; and Development and construction of housing units.