Rochester Resources (TSXV:RCT) Accounts Payable & Accrued Expense : C$16.23 Mil (As of Feb. 2024)

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What is Rochester Resources Accounts Payable & Accrued Expense?

Rochester Resources's quarterly accounts payable & accrued expense increased from Aug. 2023 (C$14.64 Mil) to Nov. 2023 (C$16.22 Mil) and increased from Nov. 2023 (C$16.22 Mil) to Feb. 2024 (C$16.23 Mil).

Rochester Resources's annual accounts payable & accrued expense increased from May. 2021 (C$16.49 Mil) to May. 2022 (C$19.33 Mil) but then declined from May. 2022 (C$19.33 Mil) to May. 2023 (C$13.83 Mil).

Rochester Resources Accounts Payable & Accrued Expense Historical Data

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

Rochester Resources Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Accounts Payable & Accrued Expense

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14.54

16.24

16.49

19.33

13.83

Rochester Resources Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															22.49	13.83	14.64	16.22	16.23

Rochester 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.

Rochester Resources (TSXV:RCT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rochester Resources Ltd (TSXV:RCT) » Definitions » Accounts Payable & Accrued Expense

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RCTFF:USA

Address

1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7

Website

http://www.rochesterresources.com

Rochester Resources Ltd is a Canada-based mineral exploration and development company. Principally, the company is engaged in the business of acquisition, exploration, and development of exploration and evaluation of assets in Mexico. It holds 100% interest in the Mina real and San Francisco properties. The firm operates in one segment being the acquisition, exploration and development of exploration and evaluation assets Its mineral operations are located in Mexico and its corporate assets are located in Canada. It derives revenue from mineral exploration activity in Mexico.

Executives

Jose Manuel Silva

Senior Officer

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