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NVAAF (Nova Minerals) Accounts Payable & Accrued Expense : $0.47 Mil (As of Dec. 2024)


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What is Nova Minerals Accounts Payable & Accrued Expense?

Nova Minerals's quarterly accounts payable & accrued expense declined from Jun. 2024 ($1.20 Mil) to Sep. 2024 ($0.00 Mil) but then increased from Sep. 2024 ($0.00 Mil) to Dec. 2024 ($0.47 Mil).

Nova Minerals's annual accounts payable & accrued expense declined from Jun. 2022 ($2.81 Mil) to Jun. 2023 ($1.62 Mil) and declined from Jun. 2023 ($1.62 Mil) to Jun. 2024 ($1.20 Mil).


Nova Minerals Accounts Payable & Accrued Expense Historical Data

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

Nova Minerals Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.37 2.62 2.81 1.62 1.20

Nova Minerals Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1.20 - 0.47 -

Nova 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.


Nova Minerals Business Description

Traded in Other Exchanges
Address
242 Hawthorn Road, Suite 5, Caulfield, VIC, AUS, 3161
Nova Minerals Ltd is a Gold, Antimony and Critical Minerals exploration and development company focused on advancing the Estelle Project. It includes projects such as Estelle Gold and Critical Minerals Project, RPM, Korbel, Train and Stoney. It operates in one segment which is exploration of minerals and two geographical areas, being Australia and United States, where Australia derives maximum revenue.