Vertex Minerals (ASX:VTX) Accounts Payable & Accrued Expense : A$0.39 Mil (As of Dec. 2023)

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What is Vertex Minerals Accounts Payable & Accrued Expense?

Vertex Minerals's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$0.41 Mil) to Jun. 2023 (A$0.31 Mil) but then increased from Jun. 2023 (A$0.31 Mil) to Dec. 2023 (A$0.39 Mil).

Vertex Minerals's annual accounts payable & accrued expense increased from . 20 (A$0.00 Mil) to Jun. 2022 (A$0.28 Mil) and increased from Jun. 2022 (A$0.28 Mil) to Jun. 2023 (A$0.31 Mil).

Vertex Minerals Accounts Payable & Accrued Expense Historical Data

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

Vertex Minerals Annual Data

Trend

Jun22

Jun23

Accounts Payable & Accrued Expense

0.28

0.31

Vertex Minerals Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	0.28	0.41	0.31	0.39

Vertex 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.

Vertex Minerals (ASX:VTX) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

VTXXF:USA

Address

460 Stirling Highway, Unit 38, Peppermint Grove, WA, AUS, 6011

Website

https://www.vertexminerals.com

Vertex Minerals Ltd is a mineral exploration and development company. It explores for gold. The Company is organised into one operating segment, being mining and exploration operations. The principal products and services of this operating segment are the mining and exploration operations predominately in Australia.

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