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Cobre (ASX:CBE) Accounts Payable & Accrued Expense : A$0.97 Mil (As of Dec. 2023)


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What is Cobre Accounts Payable & Accrued Expense?

Cobre's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$2.30 Mil) to Jun. 2023 (A$0.73 Mil) but then increased from Jun. 2023 (A$0.73 Mil) to Dec. 2023 (A$0.97 Mil).

Cobre's annual accounts payable & accrued expense declined from Jun. 2021 (A$1.21 Mil) to Jun. 2022 (A$0.41 Mil) but then increased from Jun. 2022 (A$0.41 Mil) to Jun. 2023 (A$0.73 Mil).


Cobre Accounts Payable & Accrued Expense Historical Data

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

Cobre Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Accounts Payable & Accrued Expense
0.83 1.21 0.41 0.73

Cobre Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 0.58 0.41 2.30 0.73 0.97

Cobre 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.


Cobre (ASX:CBE) Business Description

Industry
Traded in Other Exchanges
N/A
Address
27 Macquarie Place, Level 10, Kyle House, Sydney, NSW, AUS, 2000
Cobre Ltd is an exploration and mining company. Its projects include the Perrinvale project, Botswana projects and the Sandiman project. The Perrinvale Project is located at Kalgoorlie in the Yilgarn Craton of Western Australia. The Sandiman Project is located on the eastern edge of the Southern Carnarvon Basin. The firm has only one operating segment being exploration for precious metals.

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