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Reach Resources (ASX:RR1) Accounts Payable & Accrued Expense : A$0.96 Mil (As of Dec. 2023)


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What is Reach Resources Accounts Payable & Accrued Expense?

Reach Resources's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$0.11 Mil) to Jun. 2023 (A$0.52 Mil) and increased from Jun. 2023 (A$0.52 Mil) to Dec. 2023 (A$0.96 Mil).

Reach Resources's annual accounts payable & accrued expense increased from Jun. 2021 (A$0.04 Mil) to Jun. 2022 (A$0.11 Mil) and increased from Jun. 2022 (A$0.11 Mil) to Jun. 2023 (A$0.52 Mil).


Reach Resources Accounts Payable & Accrued Expense Historical Data

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

Reach Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.36 0.04 0.11 0.52

Reach Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense 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 0.11 0.11 0.11 0.52 0.96

Reach Resources 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.


Reach Resources (ASX:RR1) Business Description

Industry
Traded in Other Exchanges
N/A
Address
216 St Georges Terrace, Level 4, South Perth, Perth, WA, AUS, 6000
Reach Resources Ltd is a gold and base metals exploration company. It is currently involved in the Primrose Gold Project and the Skyline Rare Earth project. Skyline Rare Earth project is in the Gascoyne province of Western Australia. The Company acquired additional rare earth ground via Critical Elements Pty Ltd which is approximately 80km south of the Skyline Rare Earth project.

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