Arc Minerals (LSE:ARCM) Accounts Payable & Accrued Expense : £1.71 Mil (As of Jun. 2024)

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What is Arc Minerals Accounts Payable & Accrued Expense?

Arc Minerals's quarterly accounts payable & accrued expense increased from Jun. 2023 (£1.69 Mil) to Dec. 2023 (£2.20 Mil) but then declined from Dec. 2023 (£2.20 Mil) to Jun. 2024 (£1.71 Mil).

Arc Minerals's annual accounts payable & accrued expense increased from Dec. 2021 (£1.34 Mil) to Dec. 2022 (£1.46 Mil) and increased from Dec. 2022 (£1.46 Mil) to Dec. 2023 (£2.20 Mil).

Arc Minerals Accounts Payable & Accrued Expense Historical Data

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

Arc Minerals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1.44

1.22

1.34

1.46

2.20

Arc Minerals Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.60	1.46	1.69	2.20	1.71

Arc 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.

Arc Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Arc Minerals Ltd (LSE:ARCM) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

DFYA:Germany

Address

Craigmuir Chambers, Tortola, Road Town, VGB, VG 1110

Website

https://www.arcminerals.com

Arc Minerals Ltd is engaged in the business of acquiring, exploring, and developing mineral properties. The company's project includes the Zambian Copper and Cobalt Project and the Botswana Project.