OD6 Metals (ASX:OD6) Accounts Payable & Accrued Expense : A$0.27 Mil (As of Dec. 2023)

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What is OD6 Metals Accounts Payable & Accrued Expense?

OD6 Metals's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$0.42 Mil) to Jun. 2023 (A$0.90 Mil) but then declined from Jun. 2023 (A$0.90 Mil) to Dec. 2023 (A$0.27 Mil).

OD6 Metals's annual accounts payable & accrued expense increased from . 20 (A$0.00 Mil) to Jun. 2022 (A$0.66 Mil) and increased from Jun. 2022 (A$0.66 Mil) to Jun. 2023 (A$0.90 Mil).

OD6 Metals Accounts Payable & Accrued Expense Historical Data

The historical data trend for OD6 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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OD6 Metals Accounts Payable & Accrued Expense Chart

OD6 Metals Annual Data

Trend

Jun22

Jun23

Accounts Payable & Accrued Expense

0.66

0.90

OD6 Metals Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	0.01	0.66	0.42	0.90	0.27

OD6 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.

OD6 Metals (ASX:OD6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » OD6 Metals Ltd (ASX:OD6) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

C/- LCP Group, 50 Kings Park Road, Level 1, West Perth, Perth, WA, AUS, 6005

Website

https://www.od6metals.com.au

OD6 Metals Ltd is a mineral exploration company focused on the discovery and potential development of large-scale rare earth element (REE) deposits. The company holds a 100% interest in the Splinter Rock Project and Grass Patch Project which are located in the Goldfields-Esperance region of Western Australia, approximately 30 to 150km north of the major port and town of Esperance.

OD6 Metals (ASX:OD6) Headlines

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