MinRex Resources (ASX:MRR) Accounts Payable & Accrued Expense : A$0.13 Mil (As of Dec. 2023)

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What is MinRex Resources Accounts Payable & Accrued Expense?

MinRex Resources's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$0.80 Mil) to Jun. 2023 (A$0.41 Mil) and declined from Jun. 2023 (A$0.41 Mil) to Dec. 2023 (A$0.13 Mil).

MinRex Resources's annual accounts payable & accrued expense declined from Jun. 2021 (A$0.35 Mil) to Jun. 2022 (A$0.34 Mil) but then increased from Jun. 2022 (A$0.34 Mil) to Jun. 2023 (A$0.41 Mil).

MinRex Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for MinRex Resources'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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MinRex Resources Accounts Payable & Accrued Expense Chart

MinRex Resources Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Accounts Payable & Accrued Expense

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0.08

0.35

0.34

0.41

0.16

MinRex Resources Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.34	0.80	0.41	0.13	0.16

MinRex Resources 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.

MinRex Resources Business Description

Industry

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

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Traded in Other Exchanges

L4Z:Germany

Address

7 Havelock Street, Level 2, Perth, WA, AUS, 6005

Website

https://www.minrex.com.au

MinRex Resources Ltd is an exploration company focused on the exploration of gold and base metal projects in Western Australia. The company currently holds Sofala gold project and Marble Bar projects.

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