Quartz Mountain Resources (Quartz Mountain Resources) Accounts Payable & Accrued Expense : $0.05 Mil (As of Jan. 2024)

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What is Quartz Mountain Resources Accounts Payable & Accrued Expense?

Quartz Mountain Resources's quarterly accounts payable & accrued expense increased from Jul. 2023 ($0.03 Mil) to Oct. 2023 ($0.04 Mil) and increased from Oct. 2023 ($0.04 Mil) to Jan. 2024 ($0.05 Mil).

Quartz Mountain Resources's annual accounts payable & accrued expense increased from Jul. 2021 ($0.07 Mil) to Jul. 2022 ($0.23 Mil) but then declined from Jul. 2022 ($0.23 Mil) to Jul. 2023 ($0.03 Mil).

Quartz Mountain Resources Accounts Payable & Accrued Expense Historical Data

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

Quartz Mountain Resources Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Accounts Payable & Accrued Expense

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2.27

0.06

0.07

0.23

0.03

Quartz Mountain Resources Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.01	-	0.03	0.04	0.05

Quartz Mountain 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.

Quartz Mountain Resources (Quartz Mountain Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Quartz Mountain Resources Ltd (OTCPK:QZMRF) » Definitions » Accounts Payable & Accrued Expense

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QZM:Canada

Address

1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1

Website

https://www.quartzmountainresources.com

Quartz Mountain Resources Ltd is in the business of exploring and developing mineral properties in Canada. It is focused on acquiring, exploring, developing, and transacting important scale gold, silver, and copper deposits in British Columbia. The firm focuses on looking for new investments and business opportunities. It has the acquisition, exploration, and evaluation of mineral properties interests segment. The projects that the company holds are Maestro, Angel's Camp Property, and Jake. All the company's assets are located in Canada.