Mako Gold (ASX:MKG) Accounts Payable & Accrued Expense : A$0.55 Mil (As of Dec. 2023)

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What is Mako Gold Accounts Payable & Accrued Expense?

Mako Gold's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$0.59 Mil) to Jun. 2023 (A$1.57 Mil) but then declined from Jun. 2023 (A$1.57 Mil) to Dec. 2023 (A$0.55 Mil).

Mako Gold's annual accounts payable & accrued expense declined from Jun. 2021 (A$1.70 Mil) to Jun. 2022 (A$1.61 Mil) and declined from Jun. 2022 (A$1.61 Mil) to Jun. 2023 (A$1.57 Mil).

Mako Gold Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mako Gold'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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Mako Gold Accounts Payable & Accrued Expense Chart

Mako Gold Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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0.72

0.32

1.70

1.61

1.57

Mako Gold Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							0.79	1.61	0.59	1.57	0.55

Mako Gold 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.

Mako Gold Business Description

Industry

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

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Traded in Other Exchanges

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Address

144 Edward Street, Level 6, Brisbane, QLD, AUS, 4000

Website

http://www.makogold.com.au

Mako Gold Ltd is engaged in the discovery and development of gold. The company's projects include The Napie project located in the north-central part of Cote d'Ivoire, The Tangora Project located in the southwestern part of Burkina Faso and the Niou Project located in the central part of Burkina Faso. Geographically it operates in Australia and Africa.

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