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Viridis Mining and Minerals (ASX:VMM) Accounts Payable & Accrued Expense : A$2.13 Mil (As of Dec. 2023)


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What is Viridis Mining and Minerals Accounts Payable & Accrued Expense?

Viridis Mining and Minerals's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$0.07 Mil) to Jun. 2023 (A$0.69 Mil) and increased from Jun. 2023 (A$0.69 Mil) to Dec. 2023 (A$2.13 Mil).

Viridis Mining and Minerals's annual accounts payable & accrued expense declined from Jun. 2021 (A$0.13 Mil) to Jun. 2022 (A$0.08 Mil) but then increased from Jun. 2022 (A$0.08 Mil) to Jun. 2023 (A$0.69 Mil).

Viridis Mining and Minerals Accounts Payable & Accrued Expense Historical Data

The historical data trend for Viridis Mining and Minerals'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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Viridis Mining and Minerals Accounts Payable & Accrued Expense Chart

Viridis Mining and Minerals Annual Data
Trend Jun21 Jun22 Jun23
Accounts Payable & Accrued Expense
0.13 0.08 0.69

Viridis Mining and Minerals Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense 0.08 0.07 0.69 2.13

Viridis Mining and Minerals 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.

Viridis Mining and Minerals (ASX:VMM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Viridis Mining and Minerals Ltd (ASX:VMM) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
108 St Georges Terrace, Level 50, Perth, WA, AUS, 6000
Website
https://www.viridismining.com.au
Viridis Mining and Minerals Ltd is a mineral exploration company. It operates in the geographical areas of Australia and Canada. The company's projects include South Kitikmeot Gold Project, which the company considers to be prospective for gold, the Boddington West Project, which the company considers to be prospective for gold, the Bindoon Project, which the Company considers to be prospective for nickel, copper and platinum group elements, Poochera Project and Smoky Halloysite Project, which the Company considers to be prospective for kaolin-halloysite.