Legacy Iron Ore (ASX:LCY) Accounts Payable & Accrued Expense : A$0.13 Mil (As of Sep. 2023)

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What is Legacy Iron Ore Accounts Payable & Accrued Expense?

Legacy Iron Ore's quarterly accounts payable & accrued expense declined from Sep. 2022 (A$0.07 Mil) to Mar. 2023 (A$0.05 Mil) but then increased from Mar. 2023 (A$0.05 Mil) to Sep. 2023 (A$0.13 Mil).

Legacy Iron Ore's annual accounts payable & accrued expense declined from Mar. 2021 (A$0.14 Mil) to Mar. 2022 (A$0.08 Mil) and declined from Mar. 2022 (A$0.08 Mil) to Mar. 2023 (A$0.05 Mil).

Legacy Iron Ore Accounts Payable & Accrued Expense Historical Data

The historical data trend for Legacy Iron Ore'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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Legacy Iron Ore Accounts Payable & Accrued Expense Chart

Legacy Iron Ore Annual Data

Trend

Jun13

Jun14

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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0.12

0.13

0.14

0.08

0.05

Legacy Iron Ore Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.09	0.08	0.07	0.05	0.13

Legacy Iron Ore 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.

Legacy Iron Ore (ASX:LCY) Business Description

Industry

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

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Traded in Other Exchanges

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Address

200 Adelaide Terrace, Level 6, West Perth, Perth, WA, AUS, 6004

Website

http://www.legacyiron.com.au

Legacy Iron Ore Ltd is engaged in the exploration and development of mineral properties. It holds a diverse portfolio of assets spanning iron ore, gold and base metals, Tungsten, Rare earth elements. Its projects include Mt Bevan Project, South Laverton Gold Project, Mt. Celia Project and many more.