Pan African Resources (LSE:PAF) Accounts Payable & Accrued Expense : £35.6 Mil (As of Dec. 2023)

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What is Pan African Resources Accounts Payable & Accrued Expense?

Pan African Resources's quarterly accounts payable & accrued expense increased from Dec. 2022 (£31.0 Mil) to Jun. 2023 (£37.8 Mil) but then declined from Jun. 2023 (£37.8 Mil) to Dec. 2023 (£35.6 Mil).

Pan African Resources's annual accounts payable & accrued expense increased from Jun. 2021 (£34.7 Mil) to Jun. 2022 (£36.8 Mil) and increased from Jun. 2022 (£36.8 Mil) to Jun. 2023 (£37.8 Mil).

Pan African Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for Pan African Resources'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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Pan African Resources Accounts Payable & Accrued Expense Chart

Pan African Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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17.01

25.93

34.67

36.82

37.76

Pan African Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															29.03	36.82	30.98	37.76	35.65

Pan African Resources 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.

Pan African Resources (LSE:PAF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Pan African Resources PLC (LSE:PAF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

PAN:South Africa PAFRY:USA PAFRF:USA PAF:UK RTZ:Germany

Address

The Firs Office Building, 2nd Floor, Office 204, Corner Cradock and Biermann Avenues, Rosebank, Johannesburg, GT, ZAF, 2196

Website

https://www.panafricanresources.com

Pan African Resources PLC is a precious metals producer based in the United Kingdom. It operates metal mines in South Africa and derives revenue principally through the mining, extraction, and sale of gold. The company conducts its business through the operation of mining projects in various parts of South Africa, such as Barberton Mines, a gold mining project, Phoenix Platinum, and Uitkomst Colliery, located in Newcastle which sell coal to local and export markets. It also operates growth projects, including PAR Gold Proprietary Limited, which derives revenue from providing management and administration services to other group companies.