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McFarlane Lake Mining (McFarlane Lake Mining) Accounts Payable & Accrued Expense : $0.83 Mil (As of Feb. 2024)


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What is McFarlane Lake Mining Accounts Payable & Accrued Expense?

McFarlane Lake Mining's quarterly accounts payable & accrued expense declined from Aug. 2023 ($0.79 Mil) to Nov. 2023 ($0.59 Mil) but then increased from Nov. 2023 ($0.59 Mil) to Feb. 2024 ($0.83 Mil).

McFarlane Lake Mining's annual accounts payable & accrued expense increased from . 20 ($0.00 Mil) to Aug. 2022 ($0.71 Mil) and increased from Aug. 2022 ($0.71 Mil) to Aug. 2023 ($0.79 Mil).

McFarlane Lake Mining Accounts Payable & Accrued Expense Historical Data

The historical data trend for McFarlane Lake Mining'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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McFarlane Lake Mining Accounts Payable & Accrued Expense Chart

McFarlane Lake Mining Annual Data
Trend Aug22 Aug23
Accounts Payable & Accrued Expense
0.71 0.79

McFarlane Lake Mining Quarterly Data
Jun21 Sep21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.08 0.82 0.79 0.59 0.83

McFarlane Lake Mining 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.

McFarlane Lake Mining (McFarlane Lake Mining) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » McFarlane Lake Mining Ltd (OTCPK:MLMLF) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
MLM:Canada
Address
15 Kincora Court, Sudbury, ON, CAN, P3E 2B9
Website
https://www.mcfarlanelakemining.com
McFarlane Lake Mining Ltd is a gold exploration and development company currently engaged in the acquisition & assessment of gold properties. Its properties include High Lake, West Hawk Lake, Munro, and McMillan. The company has acquired six gold properties. It is a Canadian gold exploration and development company.