Pacific Nickel Mines (ASX:PNM) Accounts Payable & Accrued Expense : A$5.47 Mil (As of Dec. 2023)

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What is Pacific Nickel Mines Accounts Payable & Accrued Expense?

Pacific Nickel Mines's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$0.95 Mil) to Jun. 2023 (A$0.77 Mil) but then increased from Jun. 2023 (A$0.77 Mil) to Dec. 2023 (A$5.47 Mil).

Pacific Nickel Mines's annual accounts payable & accrued expense increased from Jun. 2021 (A$0.80 Mil) to Jun. 2022 (A$0.87 Mil) but then declined from Jun. 2022 (A$0.87 Mil) to Jun. 2023 (A$0.77 Mil).

Pacific Nickel Mines Accounts Payable & Accrued Expense Historical Data

The historical data trend for Pacific Nickel Mines'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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Pacific Nickel Mines Accounts Payable & Accrued Expense Chart

Pacific Nickel Mines Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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1.30

0.63

0.80

0.87

0.77

Pacific Nickel Mines Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.84	0.87	0.95	0.77	5.47

Pacific Nickel Mines 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.

Pacific Nickel Mines (ASX:PNM) Business Description

Industry

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PCFNF:USA

Address

283 George Street, Level 4, Sydney, NSW, AUS, 2000

Website

https://www.pacificnickel.com

Pacific Nickel Mines Ltd is engaged in the operation, development, and exploration of mineral deposits. The company operates through two geographical segments: Lorena and Solomon Islands. The Lorena segment is engaged in the development of the company's main project, the Lorena Gold Project near Cloncurry in northwest Queensland. The Solomon Islands segment includes development of the company's interest in the Kolosori Nickel Project and Jejevo Nickel Project on the Santa Isabel Island. It operates within one segment which is mineral exploration and development in Australia.