Alto Metals (ASX:AME) Accounts Payable & Accrued Expense : A$0.92 Mil (As of Dec. 2023)

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What is Alto Metals Accounts Payable & Accrued Expense?

Alto Metals's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$2.54 Mil) to Jun. 2023 (A$1.16 Mil) and declined from Jun. 2023 (A$1.16 Mil) to Dec. 2023 (A$0.92 Mil).

Alto Metals's annual accounts payable & accrued expense increased from Jun. 2021 (A$1.69 Mil) to Jun. 2022 (A$1.71 Mil) but then declined from Jun. 2022 (A$1.71 Mil) to Jun. 2023 (A$1.16 Mil).

Alto Metals Accounts Payable & Accrued Expense Historical Data

The historical data trend for Alto Metals'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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Alto Metals Accounts Payable & Accrued Expense Chart

Alto Metals Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Accounts Payable & Accrued Expense

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0.53

1.69

1.71

1.16

0.68

Alto Metals Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.71	2.54	1.16	0.92	0.68

Alto Metals 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.

Alto Metals Business Description

Industry

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

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Address

12-14 Thelma Street, Suite 9, West Perth, Perth, WA, AUS, 6005

Website

https://www.altometals.com.au

Alto Metals Ltd is engaged in the exploration of a number of gold and uranium tenements in Western Australia. Its project includes gold mining Sandstone Project located in the north of Perth in the East Murchison Mineral Field of Western Australia and is centred on the small township of Sandstone.