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Prospect Ridge Resources (XCNQ:PRR) Accounts Payable & Accrued Expense : C$0.13 Mil (As of Feb. 2024)


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What is Prospect Ridge Resources Accounts Payable & Accrued Expense?

Prospect Ridge Resources's quarterly accounts payable & accrued expense declined from Aug. 2023 (C$0.28 Mil) to Nov. 2023 (C$0.09 Mil) but then increased from Nov. 2023 (C$0.09 Mil) to Feb. 2024 (C$0.13 Mil).

Prospect Ridge Resources's annual accounts payable & accrued expense declined from Aug. 2021 (C$0.49 Mil) to Aug. 2022 (C$0.29 Mil) and declined from Aug. 2022 (C$0.29 Mil) to Aug. 2023 (C$0.28 Mil).


Prospect Ridge Resources Accounts Payable & Accrued Expense Historical Data

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

Prospect Ridge Resources Annual Data
Trend Aug20 Aug21 Aug22 Aug23
Accounts Payable & Accrued Expense
0.04 0.49 0.29 0.28

Prospect Ridge Resources Quarterly Data
Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 Aug23 Nov23 Feb24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.12 0.28 0.09 0.13

Prospect Ridge 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.


Prospect Ridge Resources (XCNQ:PRR) Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 1507, Vancouver, BC, CAN, V6E 2Y3
Prospect Ridge Resources Corp is a mineral exploration company engaged in the identification, acquisition, and exploration of mineral projects in North America. The company's material property is the Galinee Project, consisting of 15 contiguous mineral claims covering an area of approximately 839.45 hectares in the province of Quebec. It also holds interest in Holy Grail Property which is located north of Terrace, BC. It started the project Knauss Creek Property.
Executives
Michael Alexander Iverson Director, Senior Officer
Yan Ducharme Senior Officer

Prospect Ridge Resources (XCNQ:PRR) Headlines

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