Prospect Resources (ASX:PSC) Accounts Payable & Accrued Expense : A$0.38 Mil (As of Dec. 2023)

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What is Prospect Resources Accounts Payable & Accrued Expense?

Prospect Resources's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$1.12 Mil) to Jun. 2023 (A$0.46 Mil) and declined from Jun. 2023 (A$0.46 Mil) to Dec. 2023 (A$0.38 Mil).

Prospect Resources's annual accounts payable & accrued expense increased from Jun. 2021 (A$0.93 Mil) to Jun. 2022 (A$1.13 Mil) but then declined from Jun. 2022 (A$1.13 Mil) to Jun. 2023 (A$0.46 Mil).

Prospect Resources Accounts Payable & Accrued Expense Historical Data

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

Prospect Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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0.98

0.51

0.93

1.13

0.46

Prospect Resources 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															28.88	1.13	1.12	0.46	0.38

Prospect 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.

Prospect Resources (ASX:PSC) Business Description

Industry

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

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5E8:Germany

Address

33 Richardson Street, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.prospectresources.com.au

Prospect Resources Ltd is an Africa-focused battery minerals company based in Perth with operations in Zimbabwe. It explores lithium and gold deposits. The company projects include Arcadia Lithium Project, Good Days Lithium Project, Penhalonga Gold Project, and Gwanda East Project. Its geographical segment includes Australia and Zimbabwe. The company derives the majority of its revenue from Zimbabwe.