Magontec (ASX:MGL) Accounts Payable : A$5.1 Mil (As of Dec. 2023)

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What is Magontec Accounts Payable?

Magontec's Accounts Payable for the quarter that ended in Dec. 2023 was A$5.1 Mil.

Magontec's quarterly Accounts Payable increased from Dec. 2022 (A$7.8 Mil) to Jun. 2023 (A$9.6 Mil) but then declined from Jun. 2023 (A$9.6 Mil) to Dec. 2023 (A$5.1 Mil).

Magontec's annual Accounts Payable declined from Dec. 2021 (A$13.7 Mil) to Dec. 2022 (A$7.8 Mil) and declined from Dec. 2022 (A$7.8 Mil) to Dec. 2023 (A$5.1 Mil).

Magontec Accounts Payable Historical Data

The historical data trend for Magontec's Accounts Payable 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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Magontec Accounts Payable Chart

Magontec Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable

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14.85

10.19

13.74

7.84

5.13

Magontec 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	Get a 7-Day Free Trial															13.74	16.78	7.84	9.55	5.13

Magontec Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Magontec Accounts Payable Related Terms

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Magontec (ASX:MGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Magontec Ltd (ASX:MGL) » Definitions » Accounts Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

46A Macleay Street, Suite 1.03, Potts Point, Sydney, NSW, AUS, 2011

Website

http://www.magontec.com

Magontec Ltd is engaged in the manufacturing and sale of generic and specialist magnesium alloys as well as magnesium and titanium cathodic corrosion protection products. It also researches and develops new proprietary magnesium alloys and technologies. The company's products and services are Primary Mg Alloy, Magnesium Alloy Recycling, and Cathodic Corrosion Protection.

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