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True North Copper (ASX:TNC) Accounts Payable & Accrued Expense : A$1.41 Mil (As of Dec. 2024)


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What is True North Copper Accounts Payable & Accrued Expense?

True North Copper's quarterly accounts payable & accrued expense declined from Dec. 2023 (A$10.14 Mil) to Jun. 2024 (A$2.31 Mil) and declined from Jun. 2024 (A$2.31 Mil) to Dec. 2024 (A$1.41 Mil).

True North Copper's annual accounts payable & accrued expense increased from Jun. 2022 (A$0.73 Mil) to Jun. 2023 (A$16.43 Mil) but then declined from Jun. 2023 (A$16.43 Mil) to Jun. 2024 (A$2.31 Mil).


True North Copper Accounts Payable & Accrued Expense Historical Data

The historical data trend for True North Copper'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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True North Copper Accounts Payable & Accrued Expense Chart

True North Copper Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Payable & Accrued Expense
0.13 1.11 0.73 16.43 2.31

True North Copper Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 16.43 10.14 2.31 1.41

True North Copper 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.


True North Copper Business Description

Traded in Other Exchanges
N/A
Address
46-48 Sheridan Street, PO Box 3006, Level 9, Citi Central Tower, Cairns, QLD, AUS, 4870
True North Copper Ltd is a mining and exploration company. The company mainly explores copper and cobalt projects in Cloncurry and Mt Oxide. It has only one reportable segment: exploration, development, and operations for minerals.