POWR Lithium (XCNQ:POWR) Accounts Payable & Accrued Expense : C$0.23 Mil (As of Feb. 2024)

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What is POWR Lithium Accounts Payable & Accrued Expense?

POWR Lithium's quarterly accounts payable & accrued expense declined from Aug. 2023 (C$0.64 Mil) to Nov. 2023 (C$0.62 Mil) and declined from Nov. 2023 (C$0.62 Mil) to Feb. 2024 (C$0.23 Mil).

POWR Lithium's annual accounts payable & accrued expense increased from Aug. 2021 (C$0.06 Mil) to Aug. 2022 (C$0.18 Mil) and increased from Aug. 2022 (C$0.18 Mil) to Aug. 2023 (C$0.64 Mil).

POWR Lithium Accounts Payable & Accrued Expense Historical Data

The historical data trend for POWR Lithium'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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POWR Lithium Accounts Payable & Accrued Expense Chart

POWR Lithium Annual Data

Trend

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

0.06

0.18

0.64

POWR Lithium Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							0.30	0.38	0.64	0.62	0.23

POWR Lithium 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.

POWR Lithium (XCNQ:POWR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » POWR Lithium Corp (XCNQ:POWR) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

PWRLF:USA 6JX:Germany

Address

1021 West Hastings Street, 9th Floor, Vancouver, BC, CAN, V6E 0C3

Website

https://www.powrlithium.com

POWR Lithium Corp is a new mineral exploration and development company focused on American lithium deposits to support domestic demand. It is predominantly engaged in the business of mineral exploration and the development of the ELi Property and the Halo Project.

POWR Lithium (XCNQ:POWR) Headlines

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