Golden Mile Resources (ASX:G88) Accounts Payable & Accrued Expense : A$0.10 Mil (As of Dec. 2023)

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What is Golden Mile Resources Accounts Payable & Accrued Expense?

Golden Mile Resources's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$0.05 Mil) to Jun. 2023 (A$0.38 Mil) but then declined from Jun. 2023 (A$0.38 Mil) to Dec. 2023 (A$0.10 Mil).

Golden Mile Resources's annual accounts payable & accrued expense increased from Jun. 2021 (A$0.21 Mil) to Jun. 2022 (A$0.32 Mil) and increased from Jun. 2022 (A$0.32 Mil) to Jun. 2023 (A$0.38 Mil).

Golden Mile Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for Golden Mile 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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Golden Mile Resources Accounts Payable & Accrued Expense Chart

Golden Mile Resources Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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0.23

0.03

0.21

0.32

0.38

Golden Mile Resources Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							0.61	0.32	0.05	0.38	0.10

Golden Mile 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.

Golden Mile Resources (ASX:G88) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Golden Mile Resources Ltd (ASX:G88) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

126 Phillip Street, Level 5, Sydney, NSW, AUS, 2000

Website

https://www.goldenmileresources.com.au

Golden Mile Resources Ltd is an Australian based exploration company that owns several resource tenements in Western Australia and are actively exploring the tenements for gold, nickel and cobalt and related resources. Its projects include Quicksilver Nickel-Cobalt Project, Minara Nickel-Cobalt Project, Ironstone Well Au Project, Murchison Lithium and Gold, Yarrambee Project, Darlot Au Project, Yuinmery Project, Gidgee Polymetallic Project and Leonora East Gold Project. The principal business and geographical segment of the company is Mineral Exploration within Western Australia.

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