Allkem (TSX:AKE) Accounts Payable & Accrued Expense : C$182 Mil (As of Jun. 2023)

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What is Allkem Accounts Payable & Accrued Expense?

Allkem's quarterly accounts payable & accrued expense increased from Jun. 2022 (C$123 Mil) to Dec. 2022 (C$127 Mil) and increased from Dec. 2022 (C$127 Mil) to Jun. 2023 (C$182 Mil).

Allkem's annual accounts payable & accrued expense increased from Jun. 2021 (C$44 Mil) to Jun. 2022 (C$123 Mil) and increased from Jun. 2022 (C$123 Mil) to Jun. 2023 (C$182 Mil).

Allkem Accounts Payable & Accrued Expense Historical Data

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

Allkem Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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41.87

50.08

43.70

123.49

182.49

Allkem Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															43.70	93.92	123.49	126.87	182.49

Allkem 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.

Allkem (TSX:AKE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Allkem Ltd (TSX:AKE) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

71 Eagle Street, Level 35, Riparian Plaza, Brisbane, QLD, AUS, 4000

Website

https://www.orocobre.com

Allkem Ltd formerly Orocobre Ltd is an industrial chemical and mineral exploration company. It explores and develops lithium, potash, and salar mineral deposits. The company's segments are Corporate, Borax, Olaroz, Mt Cattlin, James Bay, and Sal De Vida projects. The majority of the company's revenue is derived from the Mt Cattlin segment. Its products are classified into minerals, refined products and boric acid used in various markets from agriculture, ceramics, glass, gold assay and smelting fluxes, wood protection, and a variety of specialty applications. The Group operates in Argentina and Australia.

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