Vertical Exploration (TSXV:VERT) Accounts Payable & Accrued Expense : C$0.63 Mil (As of Nov. 2023)

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What is Vertical Exploration Accounts Payable & Accrued Expense?

Vertical Exploration's quarterly accounts payable & accrued expense declined from May. 2023 (C$0.51 Mil) to Aug. 2023 (C$0.38 Mil) but then increased from Aug. 2023 (C$0.38 Mil) to Nov. 2023 (C$0.63 Mil).

Vertical Exploration's annual accounts payable & accrued expense declined from Feb. 2021 (C$0.34 Mil) to Feb. 2022 (C$0.19 Mil) but then increased from Feb. 2022 (C$0.19 Mil) to Feb. 2023 (C$0.45 Mil).

Vertical Exploration Accounts Payable & Accrued Expense Historical Data

The historical data trend for Vertical Exploration'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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Vertical Exploration Accounts Payable & Accrued Expense Chart

Vertical Exploration Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Accounts Payable & Accrued Expense

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0.62

0.47

0.34

0.19

0.45

Vertical Exploration Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.26	0.45	0.51	0.38	0.63

Vertical Exploration 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.

Vertical Exploration (TSXV:VERT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vertical Exploration Inc (TSXV:VERT) » Definitions » Accounts Payable & Accrued Expense

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CVVRF:USA

Address

789 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6C 1H2

Website

https://www.vertxinc.com

Vertical Exploration Inc is a junior mining company. It is engaged in the acquisition, exploration development, and evaluation of mineral properties in Canada. It has one project namely, St. Onge Wollastonite is located in Quebec, Canada.

Executives

Ernest Brisbane

Director

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