Lithium Energy (ASX:LEL) Accounts Payable & Accrued Expense : A$0.35 Mil (As of Dec. 2023)

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What is Lithium Energy Accounts Payable & Accrued Expense?

Lithium Energy's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$0.77 Mil) to Jun. 2023 (A$1.14 Mil) but then declined from Jun. 2023 (A$1.14 Mil) to Dec. 2023 (A$0.35 Mil).

Lithium Energy's annual accounts payable & accrued expense declined from Jun. 2021 (A$0.18 Mil) to Jun. 2022 (A$0.15 Mil) but then increased from Jun. 2022 (A$0.15 Mil) to Jun. 2023 (A$1.14 Mil).

Lithium Energy Accounts Payable & Accrued Expense Historical Data

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

Lithium Energy Annual Data

Trend

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

0.18

0.15

1.14

Lithium Energy Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			0.10	0.15	0.77	1.14	0.35

Lithium Energy 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.

Lithium Energy Business Description

Industry

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

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Traded in Other Exchanges

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Address

680 Murray Street, Suite 1, Level 1, West Perth, WA, AUS, 6005

Website

https://www.lithiumenergy.com.au

Lithium Energy Ltd is a battery minerals company with two exploration and development projects, the Solaroz Lithium Project in Argentina, which comprises 12,000 hectares of prospective lithium mineral concessions, and the Burke Graphite Project in Queensland, which contains a high-grade graphite deposit and presents an opportunity to participate in the anticipated growth in demand for graphite and graphite related products. The company derives the majority of its revenue from Argentina.

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