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Arras Minerals (TSXV:ARK) Accounts Payable & Accrued Expense : C$0.99 Mil (As of Jan. 2024)


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What is Arras Minerals Accounts Payable & Accrued Expense?

Arras Minerals's quarterly accounts payable & accrued expense increased from Jul. 2023 (C$0.46 Mil) to Oct. 2023 (C$0.79 Mil) and increased from Oct. 2023 (C$0.79 Mil) to Jan. 2024 (C$0.99 Mil).

Arras Minerals's annual accounts payable & accrued expense increased from Oct. 2021 (C$0.67 Mil) to Oct. 2022 (C$0.70 Mil) and increased from Oct. 2022 (C$0.70 Mil) to Oct. 2023 (C$0.79 Mil).

Arras Minerals Accounts Payable & Accrued Expense Historical Data

The historical data trend for Arras Minerals'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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Arras Minerals Accounts Payable & Accrued Expense Chart

Arras Minerals Annual Data
Trend Oct21 Oct22 Oct23
Accounts Payable & Accrued Expense
0.67 0.70 0.79

Arras Minerals Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.82 0.45 0.46 0.79 0.99

Arras Minerals 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.

Arras Minerals (TSXV:ARK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Arras Minerals Corp (TSXV:ARK) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
ARRKF:USA
Address
777 Dunsmuir Street, Suite 1605, PO Box 10414, Vancouver, BC, CAN, V7Y 1K4
Website
https://www.arrasminerals.com
Arras Minerals Corp is engaged in the acquisition, exploration, and development of mineral property interests. The company's assets consist of the option to acquire a 100% interest in the Beskauga property (Beskauga) in Kazakhstan. It engages in advancing a portfolio of copper and gold assets in northeastern Kazakhstan, including the Option Agreement on the Beskauga copper and gold project.
Executives
Darren Ervin Charles Klinck Senior Officer

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