Indo Mines (ASX:IDO) Accounts Payable: A$2.06 Mil (As of Dec. 2017)


What is Indo Mines Accounts Payable?

Indo Mines ASX:IDO Accounts Payable is A$2.06 Mil as of Dec. 2017. The stock has 3 warning signs investors should review.

Indo Mines's Accounts Payable for the quarter that ended in Dec. 2017 was A$2.06 Mil.

Indo Mines's quarterly Accounts Payable declined from Dec. 2016 (A$1.71 Mil) to Jun. 2017 (A$0.29 Mil) but then increased from Jun. 2017 (A$0.29 Mil) to Dec. 2017 (A$2.06 Mil).

Indo Mines's annual Accounts Payable increased from Jun. 2015 (A$0.54 Mil) to Jun. 2016 (A$3.89 Mil) but then declined from Jun. 2016 (A$3.89 Mil) to Jun. 2017 (A$0.29 Mil).

Indo Mines Accounts Payable Historical Data

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The historical data trend for Indo Mines's Accounts Payable 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.

Indo Mines Accounts Payable Chart

Indo Mines Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 1.25 0.54 3.89 0.29

Indo Mines Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
Accounts Payable 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 3.89 1.71 0.29 2.06 0.00

Indo Mines Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of A$2.06 Mil mean?
Indo Mines (ASX:IDO) has a Accounts Payable of A$2.06 Mil as of Dec. 2017. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Indo Mines and its competitors.
Is Indo Mines' Accounts Payable too high?
Indo Mines' current Accounts Payable is A$2.06 Mil.
How does Indo Mines' Accounts Payable compare to ORRP?
Indo Mines' Accounts Payable of A$2.06 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Metals & Mining company?
A good Accounts Payable depends on the Metals & Mining industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Indo Mines and its competitors. Indo Mines's current Accounts Payable is A$2.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Mines stock overvalued right now?
Indo Mines (ASX:IDO) has a current Accounts Payable of A$2.06 Mil. The current Accounts Payable is A$2.06 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Indo Mines (ASX:IDO), the current Accounts Payable is A$2.06 Mil as of Dec. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Indo Mines Business Description

Indo Mines Ltd is a mineral exploration and development company with iron sands projects in Indonesia.