Lithium Royalty (TSX:LIRC) Accounts Payable & Accrued Expense : C$1.20 Mil (As of Mar. 2024)

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What is Lithium Royalty Accounts Payable & Accrued Expense?

Lithium Royalty's quarterly accounts payable & accrued expense declined from Sep. 2023 (C$5.02 Mil) to Dec. 2023 (C$2.42 Mil) and declined from Dec. 2023 (C$2.42 Mil) to Mar. 2024 (C$1.20 Mil).

Lithium Royalty's annual accounts payable & accrued expense increased from Dec. 2021 (C$0.99 Mil) to Dec. 2022 (C$9.51 Mil) but then declined from Dec. 2022 (C$9.51 Mil) to Dec. 2023 (C$2.42 Mil).

Lithium Royalty Accounts Payable & Accrued Expense Historical Data

The historical data trend for Lithium Royalty'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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Lithium Royalty Accounts Payable & Accrued Expense Chart

Lithium Royalty Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.59

0.26

0.99

9.51

2.42

Lithium Royalty Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								11.59	4.04	5.02	2.42	1.20

Lithium Royalty 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.

Lithium Royalty (TSX:LIRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Royalty Corp (TSX:LIRC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

LITRF:USA X1Q:Germany

Address

1133 Yonge Street, 5th Floor, Toronto, ON, CAN, M4T 2Y7

Website

https://www.lithiumroyaltycorp.com

Lithium Royalty Corp is a lithium-focused royalty company organized in Canada. The firm with affiliates or joint venture partners has established a portfolio of royalties on mineral properties that supply and are expected to supply raw materials to support the electrification and decarbonization of the global economy.

Executives

Blair Levinsky

Director, Senior Officer

Lithium Royalty (TSX:LIRC) Headlines

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