Mineral Commodities (ASX:MRC) Accounts Payable: A$28.53 Mil (As of Jun. 2024)


What is Mineral Commodities Accounts Payable?

Mineral Commodities ASX:MRC Accounts Payable is A$28.53 Mil as of Jun. 2024.

Mineral Commodities's Accounts Payable for the quarter that ended in Jun. 2024 was A$28.53 Mil.

Mineral Commodities's quarterly Accounts Payable increased from Jun. 2023 (A$21.11 Mil) to Dec. 2023 (A$24.61 Mil) and increased from Dec. 2023 (A$24.61 Mil) to Jun. 2024 (A$28.53 Mil).

Mineral Commodities's annual Accounts Payable increased from Dec. 2021 (A$6.81 Mil) to Dec. 2022 (A$14.07 Mil) and increased from Dec. 2022 (A$14.07 Mil) to Dec. 2023 (A$24.61 Mil).

Mineral Commodities Accounts Payable Related Terms

Mineral Commodities Accounts Payable Historical Data

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The historical data trend for Mineral Commodities'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.

Mineral Commodities Accounts Payable Chart

Mineral Commodities Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.67 6.81 14.07 24.61 7.65

Mineral Commodities Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 14.07 21.11 24.61 28.53 7.65

Mineral Commodities 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$28.53 Mil mean?
Mineral Commodities (ASX:MRC) has a Accounts Payable of A$28.53 Mil as of Jun. 2024. 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 Mineral Commodities and its competitors.
Is Mineral Commodities' Accounts Payable too high?
Mineral Commodities' current Accounts Payable is A$28.53 Mil.
How does Mineral Commodities' Accounts Payable compare to competitors?
Mineral Commodities' Accounts Payable of A$28.53 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 Mineral Commodities and its competitors. Mineral Commodities's current Accounts Payable is A$28.53 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineral Commodities stock overvalued right now?
Mineral Commodities (ASX:MRC) has a current Accounts Payable of A$28.53 Mil. The current Accounts Payable is A$28.53 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 Mineral Commodities (ASX:MRC), the current Accounts Payable is A$28.53 Mil as of Jun. 2024. 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.

Mineral Commodities Business Description

Address 161 Great Eastern Highway, Level 2, Belmont, WA, AUS, 6104
Mineral Commodities Ltd is a mineral exploration and development company. It has Tormin Mineral Sands projects in South Africa. The company is also engaged in graphite mining and processing at the Skaland Graphite Operation in Norway, exploration and evaluation for the future development of the Munglinup Graphite Project in Australia, and evaluation for the future development of an Active Anode Materials Plant to produce graphitic anode materials in Australia and Norway. Its reportable segments are the Tormin Project which generates key revenue, Xolobeni Project, Skaland Project, Australia exploration, and Corporate.