Metalore Resources (Metalore Resources) Accounts Payable & Accrued Expense : $0.06 Mil (As of Dec. 2023)

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What is Metalore Resources Accounts Payable & Accrued Expense?

Metalore Resources's quarterly accounts payable & accrued expense declined from Jun. 2023 ($0.11 Mil) to Sep. 2023 ($0.04 Mil) but then increased from Sep. 2023 ($0.04 Mil) to Dec. 2023 ($0.06 Mil).

Metalore Resources's annual accounts payable & accrued expense declined from Mar. 2021 ($0.08 Mil) to Mar. 2022 ($0.06 Mil) but then increased from Mar. 2022 ($0.06 Mil) to Mar. 2023 ($0.10 Mil).

Metalore Resources Accounts Payable & Accrued Expense Historical Data

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

Metalore Resources Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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0.05

0.04

0.08

0.06

0.10

Metalore Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.19	0.10	0.11	0.04	0.06

Metalore 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.

Metalore Resources (Metalore Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Metalore Resources Ltd (OTCPK:MTLRF) » Definitions » Accounts Payable & Accrued Expense

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MET:Canada

Address

124 Norfolk Street North, P.O. Box 422, Simcoe, ON, CAN, N3Y 3N8

Website

https://www.metaloreresources.ca

Metalore Resources Ltd is a Canada-based resource company focused on natural gas production and gold exploration. It owns and controls petroleum, natural gas, and mineral leases in Charlotteville, Walsingham, and Houghton townships in Norfolk County, Ontario. The company's properties for gold exploration include Paint LakeProperty and Brookbank Jv Properties. It generates the majority of revenue from the sale of natural gas.