Novo Resources (ASX:NVO) Current Accrued Expense : A$1.11 Mil (As of Mar. 2024)

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What is Novo Resources Current Accrued Expense?

Novo Resources's Current Accrued Expense for the quarter that ended in Mar. 2024 was A$1.11 Mil.

Novo Resources's quarterly Current Accrued Expense declined from Sep. 2023 (A$2.62 Mil) to Dec. 2023 (A$2.07 Mil) and declined from Dec. 2023 (A$2.07 Mil) to Mar. 2024 (A$1.11 Mil).

Novo Resources's annual Current Accrued Expense declined from Dec. 2021 (A$13.91 Mil) to Dec. 2022 (A$4.15 Mil) and declined from Dec. 2022 (A$4.15 Mil) to Dec. 2023 (A$2.07 Mil).

Novo Resources Current Accrued Expense Historical Data

The historical data trend for Novo Resources's Current 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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Novo Resources Current Accrued Expense Chart

Novo Resources Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Dec21

Dec22

Dec23

Current Accrued Expense

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4.83

1.21

13.91

4.15

2.07

Novo Resources Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Current Accrued Expense	Get a 7-Day Free Trial															2.81	10.51	2.62	2.07	1.11

Novo Resources Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

Novo Resources Current Accrued Expense Related Terms

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Novo Resources (ASX:NVO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Novo Resources Corp (ASX:NVO) » Definitions » Current Accrued Expense

Comparable Companies

Traded in Other Exchanges

NSRPF:USA 1NO:Germany NVO:Canada

Address

1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5

Website

https://www.novoresources.com

Novo Resources Corp is a company engaged in the business of evaluating, acquiring, and exploring natural resource properties with a focus on gold. The organization has business interests in properties located in Australia, Canada, and the USA. Its projects include Beatons Creek Property, Millennium Property, Blue Spec; Paleo-Placer; Comet Well, and others. It has two segments Mining operations and exploration operations.