Lightning Minerals (ASX:L1M) Accounts Payable & Accrued Expense : A$0.09 Mil (As of Dec. 2023)

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What is Lightning Minerals Accounts Payable & Accrued Expense?

Lightning Minerals's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$0.16 Mil) to Jun. 2023 (A$0.31 Mil) but then declined from Jun. 2023 (A$0.31 Mil) to Dec. 2023 (A$0.09 Mil).

Lightning Minerals's annual accounts payable & accrued expense stayed the same from . 20 (A$0.00 Mil) to . 20 (A$0.00 Mil) but then increased from . 20 (A$0.00 Mil) to Jun. 2023 (A$0.31 Mil).

Lightning Minerals Accounts Payable & Accrued Expense Historical Data

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

Lightning Minerals Annual Data

Trend

Jun23

Accounts Payable & Accrued Expense

0.31

Lightning Minerals Semi-Annual Data
	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	0.16	0.31	0.09

Lightning Minerals 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.

Lightning Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lightning Minerals Ltd (ASX:L1M) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

505 Little Collins Street,, Level 6, Melbourne, VIC, AUS, 3000

Website

https://www.lightningminerals.com.au

Lightning Minerals Ltd is a mining exploration company. Its exploration is focused on battery minerals such as Lithium, Nickel, Cobalt, Copper, and PGEs. It holds interest in Dundas Project; Mailman Hill Project; Mount Jewell Project; and Mt Bartle Project. Lightning Minerals sees a growing demand for Lithium, Nickel, Cobalt, Copper, and PGEs. Exploration is focused on fulfilling this critical minerals deficit.

Lightning Minerals Headlines

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