Rhyolite Resources (Rhyolite Resources) Accounts Payable & Accrued Expense : $0.06 Mil (As of Mar. 2024)

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What is Rhyolite Resources Accounts Payable & Accrued Expense?

Rhyolite Resources's quarterly accounts payable & accrued expense increased from Sep. 2023 ($0.04 Mil) to Dec. 2023 ($0.06 Mil) and increased from Dec. 2023 ($0.06 Mil) to Mar. 2024 ($0.06 Mil).

Rhyolite Resources's annual accounts payable & accrued expense increased from Dec. 2021 ($0.45 Mil) to Dec. 2022 ($1.59 Mil) but then declined from Dec. 2022 ($1.59 Mil) to Dec. 2023 ($0.06 Mil).

Rhyolite Resources Accounts Payable & Accrued Expense Historical Data

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

Rhyolite Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.02

0.01

0.45

1.59

0.06

Rhyolite Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.84	0.30	0.04	0.06	0.06

Rhyolite 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.

Rhyolite Resources (Rhyolite Resources) Business Description

Industry

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

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RYE:Canada

Address

1111 Melville Street, Suite 620, Three Bentall Centre, Vancouver, BC, CAN, V6E 3V6

Website

https://www.rhyoliteresources.com

Rhyolite Resources Ltd is a Canada-based exploration company. It is engaged in the acquisition and exploration of mineral properties in the United States. The company focuses on the Paxson Project in Alaska and an option to earn up to interest in the Brothers Project in Suriname.