Lunnon Metals (ASX:LM8) Accounts Payable & Accrued Expense : A$1.80 Mil (As of Dec. 2023)

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What is Lunnon Metals Accounts Payable & Accrued Expense?

Lunnon Metals's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$1.30 Mil) to Jun. 2023 (A$2.03 Mil) but then declined from Jun. 2023 (A$2.03 Mil) to Dec. 2023 (A$1.80 Mil).

Lunnon Metals's annual accounts payable & accrued expense increased from Jun. 2021 (A$0.50 Mil) to Jun. 2022 (A$2.33 Mil) but then declined from Jun. 2022 (A$2.33 Mil) to Jun. 2023 (A$2.03 Mil).

Lunnon Metals Accounts Payable & Accrued Expense Historical Data

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

Lunnon Metals Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Accounts Payable & Accrued Expense

0.50

2.33

2.03

0.32

Lunnon Metals Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			2.33	1.30	2.03	1.80	0.32

Lunnon Metals 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.

Lunnon Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lunnon Metals Ltd (ASX:LM8) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

33 Richardson Street, Suite 10, Level 3, West Perth, WA, AUS, 6005

Website

https://www.lunnonmetals.com.au

Lunnon Metals Ltd is a mineral resource exploration and development company, with a focus on nickel and gold. Its principal activities were on its Kambalda Nickel Project (KNP), located immediately south of Kambalda, Western Australia.

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