Strategic Elements (ASX:SOR) Accounts Payable & Accrued Expense : A$0.22 Mil (As of Dec. 2023)

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What is Strategic Elements Accounts Payable & Accrued Expense?

Strategic Elements's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$0.37 Mil) to Jun. 2023 (A$0.24 Mil) and declined from Jun. 2023 (A$0.24 Mil) to Dec. 2023 (A$0.22 Mil).

Strategic Elements's annual accounts payable & accrued expense declined from Jun. 2021 (A$0.45 Mil) to Jun. 2022 (A$0.43 Mil) and declined from Jun. 2022 (A$0.43 Mil) to Jun. 2023 (A$0.24 Mil).

Strategic Elements Accounts Payable & Accrued Expense Historical Data

The historical data trend for Strategic Elements'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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Strategic Elements Accounts Payable & Accrued Expense Chart

Strategic Elements Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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0.16

0.20

0.45

0.43

0.24

Strategic Elements 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															0.36	0.43	0.37	0.24	0.22

Strategic Elements 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.

Strategic Elements (ASX:SOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Strategic Elements Ltd (ASX:SOR) » Definitions » Accounts Payable & Accrued Expense

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Address

138 Churchill Avenue, Subiaco, Perth, WA, AUS, 6008

Website

https://www.strategicelements.com.au

Strategic Elements Ltd is a Pooled Development Fund with investments in exploration and information technology companies. The company's operating segment includes Resources and Technology. It generates maximum revenue from the Technology segment. The Technology segment is engaged in the research and development of nanocube technology and robotics and AI solutions.