Ramelius Resources (ASX:RMS) Accounts Payable & Accrued Expense : A$71.7 Mil (As of Dec. 2023)

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What is Ramelius Resources Accounts Payable & Accrued Expense?

Ramelius Resources's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$80.1 Mil) to Jun. 2023 (A$69.6 Mil) but then increased from Jun. 2023 (A$69.6 Mil) to Dec. 2023 (A$71.7 Mil).

Ramelius Resources's annual accounts payable & accrued expense increased from Jun. 2021 (A$58.5 Mil) to Jun. 2022 (A$82.3 Mil) but then declined from Jun. 2022 (A$82.3 Mil) to Jun. 2023 (A$69.6 Mil).

Ramelius Resources Accounts Payable & Accrued Expense Historical Data

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

Ramelius Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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44.93

82.30

58.48

82.32

69.60

Ramelius 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															82.70	82.32	80.08	69.60	71.74

Ramelius 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.

Ramelius Resources (ASX:RMS) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

RMLRF:USA RRZ:Germany

Address

130 Royal Street, Level 1, East Perth, Perth, WA, AUS, 6004

Website

https://www.rameliusresources.com.au

Ramelius Resources Ltd is a gold exploration and production company with exploration activities focused in Western Australia. The company also explores for base metals. Its projects include Edna May Gold Mine; Mount Magnet Goldmine; Vivien Gold Mine. The company generates maximum revenue from Edna May Goldmine project.

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