Forrestania Resources (ASX:FRS) Accounts Payable & Accrued Expense : A$0.14 Mil (As of Dec. 2023)

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What is Forrestania Resources Accounts Payable & Accrued Expense?

Forrestania Resources's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$0.27 Mil) to Jun. 2023 (A$0.75 Mil) but then declined from Jun. 2023 (A$0.75 Mil) to Dec. 2023 (A$0.14 Mil).

Forrestania Resources's annual accounts payable & accrued expense increased from . 20 (A$0.00 Mil) to Jun. 2022 (A$0.17 Mil) and increased from Jun. 2022 (A$0.17 Mil) to Jun. 2023 (A$0.75 Mil).

Forrestania Resources Accounts Payable & Accrued Expense Historical Data

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

Forrestania Resources Annual Data

Trend

Jun22

Jun23

Accounts Payable & Accrued Expense

0.17

0.75

Forrestania Resources Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	0.15	0.17	0.27	0.75	0.14

Forrestania 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.

Forrestania Resources (ASX:FRS) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

38 Colin Street, Suite 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.forrestaniaresources.com.au

Forrestania Resources Ltd is a mineral exploration and development company. It explores gold, lithium, and other minerals. Its projects include the Forrestania project; Southern Cross Project and Leonora. Leonora's project includes soil sampling programs at bounty east and great southern.

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