Champion Electric Metals (XCNQ:LTHM) Accounts Payable & Accrued Expense : C$0.22 Mil (As of Dec. 2023)

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What is Champion Electric Metals Accounts Payable & Accrued Expense?

Champion Electric Metals's quarterly accounts payable & accrued expense increased from Mar. 2023 (C$0.21 Mil) to Sep. 2023 (C$0.69 Mil) but then declined from Sep. 2023 (C$0.69 Mil) to Dec. 2023 (C$0.22 Mil).

Champion Electric Metals's annual accounts payable & accrued expense declined from Dec. 2021 (C$0.62 Mil) to Dec. 2022 (C$0.28 Mil) and declined from Dec. 2022 (C$0.28 Mil) to Dec. 2023 (C$0.22 Mil).

Champion Electric Metals Accounts Payable & Accrued Expense Historical Data

The historical data trend for Champion Electric Metals'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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Champion Electric Metals Accounts Payable & Accrued Expense Chart

Champion Electric Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.89

0.91

0.62

0.28

0.22

Champion Electric Metals Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.40	0.28	0.21	0.69	0.22

Champion Electric Metals 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.

Champion Electric Metals (XCNQ:LTHM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Champion Electric Metals Inc (XCNQ:LTHM) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

CHELF:USA 1QB0:Germany

Address

401 Bay Street, Suite 2704, Toronto, ON, CAN, M5H 2Y4

Website

https://www.champem.com

Champion Electric Metals Inc is a discovery-focused exploration company that is committed to advancing its prospective lithium properties in Quebec, Canada, and cobalt properties in Idaho, United States. In addition, the Company owns the Baner gold project in Idaho County and the Champagne polymetallic project in Butte County near Arco.

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