MC Mining (ASX:MCM) Accounts Payable & Accrued Expense : A$13.38 Mil (As of Dec. 2023)

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What is MC Mining Accounts Payable & Accrued Expense?

MC Mining's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$15.64 Mil) to Jun. 2023 (A$8.26 Mil) but then increased from Jun. 2023 (A$8.26 Mil) to Dec. 2023 (A$13.38 Mil).

MC Mining's annual accounts payable & accrued expense increased from Jun. 2021 (A$6.14 Mil) to Jun. 2022 (A$7.74 Mil) and increased from Jun. 2022 (A$7.74 Mil) to Jun. 2023 (A$8.26 Mil).

MC Mining Accounts Payable & Accrued Expense Historical Data

The historical data trend for MC Mining'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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MC Mining Accounts Payable & Accrued Expense Chart

MC Mining Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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4.42

4.06

6.14

7.74

8.26

MC Mining 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															10.88	7.74	15.64	8.26	13.38

MC Mining 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.

MC Mining (ASX:MCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » MC Mining Ltd (ASX:MCM) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

MCZ:South Africa MCM.GB:UK MCM:UK

Address

7 The Esplanade, Suite 8, Mount Pleasant, Perth, WA, AUS, 6153

Website

https://www.mcmining.co.za

MC Mining Ltd is a coal mining company in South Africa. It has three reportable segments namely Exploration, Development, and Mining. The Exploration segment involves in search of resources for commercial exploitation and viability and determines technical feasibility. The Development segment is engaged in commissioning facilities to extract, treat, and transport products from the mineral reserve and other preparations for commercial production. The Mining segment, which is the key revenue generator is involved in the day to day activities of obtaining a saleable product from mineral reserve on a commercial scale. Some of its key projects include Uitkomst Colliery, the Makhado project, and the Greater Soutpansberg Project. Its geographical segments include Australia and South Africa.

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