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Arika Resources (ASX:ARI) Accounts Payable & Accrued Expense : A$0.70 Mil (As of Dec. 2023)


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What is Arika Resources Accounts Payable & Accrued Expense?

Arika Resources's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$0.86 Mil) to Jun. 2023 (A$0.44 Mil) but then increased from Jun. 2023 (A$0.44 Mil) to Dec. 2023 (A$0.70 Mil).

Arika Resources's annual accounts payable & accrued expense declined from Jun. 2021 (A$0.99 Mil) to Jun. 2022 (A$0.76 Mil) and declined from Jun. 2022 (A$0.76 Mil) to Jun. 2023 (A$0.44 Mil).

Arika Resources Accounts Payable & Accrued Expense Historical Data

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

Arika Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.99 0.76 0.44 0.03

Arika Resources 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.76 0.86 0.44 0.70 0.03

Arika 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.

Arika Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Arika Resources Ltd (ASX:ARI) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
Unit B2, 20 Tarlton Crescent, Perth Airport, Perth, WA, AUS, 6105
Website
https://www.metalicity.com.au
Metalicity Ltd is an exploration and development company. The Group's principal activity as at the date of this report is mineral exploration and development of the Kookynie and Yundamindra Gold Projects . Its projects include Admiral Bay Zinc Project, Mt Surprise project, Yundamindra Gold Project, and Kookynie Gold Project. The Group has two geographic segments being Australia and Canada and operates in one industry being the Exploration of Minerals.