Tolu Minerals (ASX:TOK) Accounts Payable & Accrued Expense : A$1.14 Mil (As of Dec. 2023)

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What is Tolu Minerals Accounts Payable & Accrued Expense?

Tolu Minerals's quarterly accounts payable & accrued expense increased from Dec. 2021 (A$0.00 Mil) to Dec. 2022 (A$0.98 Mil) and increased from Dec. 2022 (A$0.98 Mil) to Dec. 2023 (A$1.14 Mil).

Tolu Minerals's annual accounts payable & accrued expense increased from Dec. 2021 (A$0.00 Mil) to Dec. 2022 (A$0.98 Mil) and increased from Dec. 2022 (A$0.98 Mil) to Dec. 2023 (A$1.14 Mil).

Tolu Minerals Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tolu Minerals'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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Tolu Minerals Accounts Payable & Accrued Expense Chart

Tolu Minerals Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.98

1.14

Tolu Minerals Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Accounts Payable & Accrued Expense	-	-	0.98	1.14

Tolu Minerals 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.

Tolu Minerals (ASX:TOK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tolu Minerals Ltd (ASX:TOK) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 5, Ground Floor, Turumu Haus, Spring Garden, Gordons, Moresby North East, Port Moresby, PNG, 121

Website

https://www.toluminerals.com

Tolu Minerals Ltd is an emerging exploration company with rights to three significant gold and silver and copper resource opportunities in PNG. Its projects include the Tolukuma Gold Mine, the Tolukuma Gold Mine, and the Mt Penck Tenement.