Freeport-McMoRan (LTS:0R2O) Accounts Payable : $3,824 Mil (As of Sep. 2024)

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What is Freeport-McMoRan Accounts Payable?

Freeport-McMoRan's Accounts Payable for the quarter that ended in Sep. 2024 was $3,824 Mil.

Freeport-McMoRan's quarterly Accounts Payable increased from Mar. 2024 ($3,672 Mil) to Jun. 2024 ($3,910 Mil) but then declined from Jun. 2024 ($3,910 Mil) to Sep. 2024 ($3,824 Mil).

Freeport-McMoRan's annual Accounts Payable increased from Dec. 2021 ($2,035 Mil) to Dec. 2022 ($2,701 Mil) but then declined from Dec. 2022 ($2,701 Mil) to Dec. 2023 ($2,466 Mil).

Freeport-McMoRan Accounts Payable Historical Data

The historical data trend for Freeport-McMoRan'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.

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Freeport-McMoRan Accounts Payable Chart

Freeport-McMoRan Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable

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1,654.00

1,473.00

2,035.00

2,701.00

2,466.00

Freeport-McMoRan Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Payable	Get a 7-Day Free Trial															3,724.00	2,466.00	3,672.00	3,910.00	3,824.00

Freeport-McMoRan 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.

Freeport-McMoRan Accounts Payable Related Terms

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Freeport-McMoRan Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Freeport-McMoRan Inc (LTS:0R2O) » Definitions » Accounts Payable

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Traded in Other Exchanges

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Address

333 North Central Avenue, Phoenix, AZ, USA, 85004-2189

Website

https://www.fcx.com

Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona. It sold around 1.2 million metric tons of copper (its share) in 2023, making it the one of the world's largest copper miners by volume. It also sold about 900,000 ounces of gold, mostly from Grasberg, and 70 million pounds of molybdenum. About 75% of 2023 revenue was from copper, with a further 15% from gold and about 10% from molybdenum. It had about 25 years of copper reserves at end December 2023. we expect it to sell similar amounts of copper midcycle in 2028, though we expect gold volumes to decline to about 700,000 ounces then due to falling production at Grasberg.

Freeport-McMoRan Headlines

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