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Hamelin Gold (ASX:HMG) Accounts Payable & Accrued Expense : A$0.12 Mil (As of Dec. 2023)


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What is Hamelin Gold Accounts Payable & Accrued Expense?

Hamelin Gold's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$0.21 Mil) to Jun. 2023 (A$0.27 Mil) but then declined from Jun. 2023 (A$0.27 Mil) to Dec. 2023 (A$0.12 Mil).

Hamelin Gold's annual accounts payable & accrued expense increased from Jun. 2021 (A$0.00 Mil) to Jun. 2022 (A$0.77 Mil) but then declined from Jun. 2022 (A$0.77 Mil) to Jun. 2023 (A$0.27 Mil).

Hamelin Gold Accounts Payable & Accrued Expense Historical Data

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

Hamelin Gold Annual Data
Trend Jun21 Jun22 Jun23
Accounts Payable & Accrued Expense
- 0.77 0.27

Hamelin Gold Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense 0.19 0.77 0.21 0.27 0.12

Hamelin Gold 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.

Hamelin Gold Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hamelin Gold Ltd (ASX:HMG) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
1 Alvan Street, Suite 2, Subiaco, WA, AUS, 6008
Website
https://www.hamelingold.com.au
Hamelin Gold Ltd is a mineral resources exploration company to execute an exploration program at the West Tanami Gold Project in Western Australia. The company operates in one segment which is a mineral exploration and resource development in Australia.