Vantex Resources (TSXV:VAX) Accounts Payable & Accrued Expense : C$0.46 Mil (As of Oct. 2023)

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What is Vantex Resources Accounts Payable & Accrued Expense?

Vantex Resources's quarterly accounts payable & accrued expense declined from Apr. 2023 (C$0.40 Mil) to Jul. 2023 (C$0.37 Mil) but then increased from Jul. 2023 (C$0.37 Mil) to Oct. 2023 (C$0.46 Mil).

Vantex Resources's annual accounts payable & accrued expense declined from Oct. 2021 (C$0.39 Mil) to Oct. 2022 (C$0.33 Mil) but then increased from Oct. 2022 (C$0.33 Mil) to Oct. 2023 (C$0.46 Mil).

Vantex Resources Accounts Payable & Accrued Expense Historical Data

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

Vantex Resources Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Accounts Payable & Accrued Expense

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0.37

0.35

0.39

0.33

0.46

Vantex Resources Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.33	0.38	0.40	0.37	0.46

Vantex 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.

Vantex Resources (TSXV:VAX) Business Description

Industry

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

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Traded in Other Exchanges

VANTF:USA

Address

400 - 837 West Hastings Street, Vancouver, BC, CAN, V6C3N6

Website

https://www.vantexresources.com

Vantex Resources Ltd is a Canadian company that is engaged in the acquisition, exploration, and development of mining properties. The company owns an interest in the Galloway project which includes several properties Hurd, Ogima North, Sandborn, Perron, Francoeur, Cadillac Rang III and Renault Bay among others.

Executives

Anthony Jackson

Director, Senior Officer

Vantex Resources (TSXV:VAX) Headlines

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