Verity Resources (ASX:VRL) Accounts Payable & Accrued Expense : A$0.36 Mil (As of Dec. 2024)

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What is Verity Resources Accounts Payable & Accrued Expense?

Verity Resources's quarterly accounts payable & accrued expense declined from Dec. 2023 (A$0.49 Mil) to Jun. 2024 (A$0.27 Mil) but then increased from Jun. 2024 (A$0.27 Mil) to Dec. 2024 (A$0.36 Mil).

Verity Resources's annual accounts payable & accrued expense increased from Jun. 2022 (A$0.09 Mil) to Jun. 2023 (A$0.20 Mil) and increased from Jun. 2023 (A$0.20 Mil) to Jun. 2024 (A$0.27 Mil).

Verity Resources Accounts Payable & Accrued Expense Historical Data

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

Verity Resources Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Accounts Payable & Accrued Expense

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0.09

0.25

0.09

0.20

0.27

Verity Resources Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.10	0.20	0.49	0.27	0.36

Verity 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.

Verity Resources Business Description

Industry

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

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Traded in Other Exchanges

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Address

168 Stirling Highway, Nedlands, Perth, WA, AUS, 6009

Website

http://www.verityresources.com.au

Verity Resources Ltd is a mineral exploration company. It focuses on the exploration development of the Monument Gold project located near Laverton in Western Australia. It also holds a supply of metals portfolio that includes rare earth elements, lithium, gold, base and precious metals in Brazil, including licenses in the Lithium Valley and Pocos de Caldas in the state of Minas Gerais, known as prolific lithium and rare earth elements districts respectively. Also holds a base and precious metals project in the Limpopo Mobile Belt in Botswana.

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