Lykos Metals (ASX:LYK) Accounts Payable & Accrued Expense : A$0.08 Mil (As of Dec. 2023)

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What is Lykos Metals Accounts Payable & Accrued Expense?

Lykos Metals's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$0.11 Mil) to Jun. 2023 (A$0.07 Mil) but then increased from Jun. 2023 (A$0.07 Mil) to Dec. 2023 (A$0.08 Mil).

Lykos Metals's annual accounts payable & accrued expense increased from . 20 (A$0.00 Mil) to Jun. 2022 (A$0.15 Mil) but then declined from Jun. 2022 (A$0.15 Mil) to Jun. 2023 (A$0.07 Mil).

Lykos Metals Accounts Payable & Accrued Expense Historical Data

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

Lykos Metals Annual Data

Trend

Jun22

Jun23

Accounts Payable & Accrued Expense

0.15

0.07

Lykos Metals Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	0.14	0.15	0.11	0.07	0.08

Lykos 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.

Lykos Metals (ASX:LYK) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

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Address

152 -158 Saint Georges Terrace, Level 48, Central Park, Perth, WA, AUS, 6000

Website

https://www.lykosmetals.com

Lykos Metals Ltd is a mineral exploration company. It has acquired three battery metals projects in Bosnia-Herzegovina. Its projects include Sinjakovo Project; Cajnice Project, Jezero Project and Sockovac Project. The projects have a history of high-grade minerals discovery and extraction and are prospective for nickel, copper, cobalt, precious metals, and potentially also lithium and REE.

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