Victory Metals (ASX:VTM) Accounts Payable & Accrued Expense : A$1.10 Mil (As of Dec. 2023)

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What is Victory Metals Accounts Payable & Accrued Expense?

Victory Metals's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$1.14 Mil) to Jun. 2023 (A$0.51 Mil) but then increased from Jun. 2023 (A$0.51 Mil) to Dec. 2023 (A$1.10 Mil).

Victory Metals's annual accounts payable & accrued expense increased from Jun. 2018 (A$0.07 Mil) to Jun. 2022 (A$0.50 Mil) and increased from Jun. 2022 (A$0.50 Mil) to Jun. 2023 (A$0.51 Mil).

Victory Metals Accounts Payable & Accrued Expense Historical Data

The historical data trend for Victory Metals'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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Victory Metals Accounts Payable & Accrued Expense Chart

Victory Metals Annual Data

Trend

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun22

Jun23

Accounts Payable & Accrued Expense

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36.84

1.34

0.07

0.50

0.51

Victory Metals Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			0.15	0.50	1.14	0.51	1.10

Victory Metals 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.

Victory Metals (ASX:VTM) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

295 Rokeby Road, Suite 1, Subiaco, Perth, WA, AUS, 6008

Website

https://www.victorymetalsaustralia.com

Victory Metals Ltd is an Australian listed mineral exploration company. Its project portfolio includes Coodardy; Emily Wells; Eagle Hawk; Tuckanarra (Nemesis); Klondyke; Mafeking, Monte Carlo and Lady Godiva; Buttercup - King Billy and others.

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