MetalsGrove Mining (ASX:MGA) Accounts Payable & Accrued Expense : A$0.15 Mil (As of Dec. 2024)

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What is MetalsGrove Mining Accounts Payable & Accrued Expense?

MetalsGrove Mining's quarterly accounts payable & accrued expense increased from Dec. 2023 (A$0.11 Mil) to Jun. 2024 (A$0.13 Mil) and increased from Jun. 2024 (A$0.13 Mil) to Dec. 2024 (A$0.15 Mil).

MetalsGrove Mining's annual accounts payable & accrued expense increased from . 20 (A$0.00 Mil) to Jun. 2023 (A$0.70 Mil) but then declined from Jun. 2023 (A$0.70 Mil) to Jun. 2024 (A$0.13 Mil).

MetalsGrove Mining Accounts Payable & Accrued Expense Historical Data

The historical data trend for MetalsGrove Mining'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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MetalsGrove Mining Accounts Payable & Accrued Expense Chart

MetalsGrove Mining Annual Data

Trend

Jun23

Jun24

Accounts Payable & Accrued Expense

0.70

0.13

MetalsGrove Mining Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	0.64	0.70	0.11	0.13	0.15

MetalsGrove Mining 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.

MetalsGrove Mining Business Description

Industry

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

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Traded in Other Exchanges

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Address

123A Colin Street, Suite 6, West Perth, Perth, WA, AUS, 6005

Website

https://www.metalsgrove.com.au

MetalsGrove Mining Ltd is an Australian-based exploration and development company, focused on the exploration and development of its portfolio of high-quality lithium, rare earth, copper-gold, manganese, and base metal projects in Western Australia and the Northern Territory. Its projects include Upper Coondina Project; Bruce Project; Box Hole project; Edwards Creek project; Dundas-Lithium and REE-WA and Woodie Woodie North Manganese Project.