IGO (ASX:IGO) Accounts Payable & Accrued Expense : A$39.8 Mil (As of Dec. 2024)

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What is IGO Accounts Payable & Accrued Expense?

IGO's quarterly accounts payable & accrued expense declined from Dec. 2023 (A$100.7 Mil) to Jun. 2024 (A$68.7 Mil) and declined from Jun. 2024 (A$68.7 Mil) to Dec. 2024 (A$39.8 Mil).

IGO's annual accounts payable & accrued expense increased from Jun. 2022 (A$149.2 Mil) to Jun. 2023 (A$160.8 Mil) but then declined from Jun. 2023 (A$160.8 Mil) to Jun. 2024 (A$68.7 Mil).

IGO Accounts Payable & Accrued Expense Historical Data

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

IGO Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Accounts Payable & Accrued Expense

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53.01

47.29

149.20

160.80

68.70

IGO Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															154.20	160.80	100.70	68.70	39.80

IGO 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.

IGO Business Description

Industry

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

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Address

85 South Perth Esplanade, Suite 4, Level 5, South Shore Centre, South Perth, Perth, WA, AUS, 6151

Website

https://www.igo.com.au

IGO is a mining and exploration company based in Western Australia. Its primary asset is a minority stake in the Greenbushes lithium mine through a joint venture with Tianqi Lithium Corporation and Albemarle. Greenbushes is the world's highest-quality hard rock lithium resource. IGO also has interest in downstream processing through a 49% stake in the Kwinana lithium hydroxide refinery. Outside of lithium, IGO owns and operates the Nova nickel-copper-cobalt mine, which has a short remaining life.

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