Patriot Lithium (ASX:PAT) Accounts Payable & Accrued Expense : A$0.11 Mil (As of Dec. 2023)

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What is Patriot Lithium Accounts Payable & Accrued Expense?

Patriot Lithium's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$0.17 Mil) to Jun. 2023 (A$0.25 Mil) but then declined from Jun. 2023 (A$0.25 Mil) to Dec. 2023 (A$0.11 Mil).

Patriot Lithium's annual accounts payable & accrued expense increased from . 20 (A$0.00 Mil) to Jun. 2022 (A$0.27 Mil) but then declined from Jun. 2022 (A$0.27 Mil) to Jun. 2023 (A$0.25 Mil).

Patriot Lithium Accounts Payable & Accrued Expense Historical Data

The historical data trend for Patriot Lithium'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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Patriot Lithium Accounts Payable & Accrued Expense Chart

Patriot Lithium Annual Data

Trend

Jun22

Jun23

Accounts Payable & Accrued Expense

0.27

0.25

Patriot Lithium Semi-Annual Data
	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	0.17	0.25	0.11

Patriot Lithium 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.

Patriot Lithium (ASX:PAT) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Milligan Street, Level 3, Perth, WA, AUS, 6000

Website

https://www.patriot-lithium.com

Patriot Lithium Ltd is focused on acquiring, exploring and developing lithium projects in South Dakota, Wyoming and Arizona in the United States of America. The company has three project areas, namely the Keystone Project comprising of 255 unpatented lode mining claims, the Tinton West Project comprising the TSD Claim Group of 20 unpatented lode mining claims and the TW Claim Group of 49 unpatented lode mining claims, and the Wickenburg Project comprising of 347 unpatented lode mining claims. The company is also engaged in the Ontario Lithium project.

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