International Graphite (ASX:IG6) Accounts Payable & Accrued Expense : A$2.65 Mil (As of Dec. 2023)

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What is International Graphite Accounts Payable & Accrued Expense?

International Graphite's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$1.92 Mil) to Jun. 2023 (A$0.95 Mil) but then increased from Jun. 2023 (A$0.95 Mil) to Dec. 2023 (A$2.65 Mil).

International Graphite's annual accounts payable & accrued expense increased from . 20 (A$0.00 Mil) to Jun. 2022 (A$0.89 Mil) and increased from Jun. 2022 (A$0.89 Mil) to Jun. 2023 (A$0.95 Mil).

International Graphite Accounts Payable & Accrued Expense Historical Data

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

International Graphite Annual Data

Trend

Jun22

Jun23

Accounts Payable & Accrued Expense

0.89

0.95

International Graphite Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	0.56	0.89	1.92	0.95	2.65

International Graphite 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.

International Graphite (ASX:IG6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » International Graphite Ltd (ASX:IG6) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

H99:Germany

Address

333 Charles Street, Level 1, North Perth, Perth, WA, AUS, 6006

Website

https://www.internationalgraphite.technology

International Graphite Ltd is engaged in the processing, treatment and production of graphite. The company intends to develop a downstream graphite processing business to treat mined graphite concentrates and produce finished graphite products for specialised industrial applications and Battery Anode Material (BAM) to meet projected global of lithium-ion batteries. Western Australia is developing a battery hub in the southwest of the state to feed the growing international battery demand. The company plans to be an integral part of this battery commodity supply chain in Western Australia and internationally.

International Graphite (ASX:IG6) Headlines

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