Caspin Resources (ASX:CPN) Accounts Payable & Accrued Expense : A$0.22 Mil (As of Dec. 2023)

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What is Caspin Resources Accounts Payable & Accrued Expense?

Caspin Resources's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$1.37 Mil) to Jun. 2023 (A$1.03 Mil) and declined from Jun. 2023 (A$1.03 Mil) to Dec. 2023 (A$0.22 Mil).

Caspin Resources's annual accounts payable & accrued expense increased from Jun. 2021 (A$0.06 Mil) to Jun. 2022 (A$0.35 Mil) and increased from Jun. 2022 (A$0.35 Mil) to Jun. 2023 (A$1.03 Mil).

Caspin Resources Accounts Payable & Accrued Expense Historical Data

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

Caspin Resources Annual Data

Trend

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

0.06

0.35

1.03

Caspin Resources Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			0.67	0.35	1.37	1.03	0.22

Caspin 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.

Caspin Resources (ASX:CPN) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

675 Murray Street, Ground Floor, West Perth, Perth, WA, AUS, 6005

Website

https://www.caspin.com.au

Caspin Resources Ltd is a mining company engaged in mineral exploration and assessment of mineral projects. The company operates geographically in Australia. Its projects include Mount Squires Gold Project; and Yarawindah Brook Project which is focused on nickel, copper, cobalt, and gold mining.

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