Stearman Resources (XCNQ:STMN) Accounts Payable & Accrued Expense : C$0.02 Mil (As of Feb. 2024)

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What is Stearman Resources Accounts Payable & Accrued Expense?

Stearman Resources's quarterly accounts payable & accrued expense declined from Aug. 2023 (C$0.03 Mil) to Nov. 2023 (C$0.02 Mil) but then increased from Nov. 2023 (C$0.02 Mil) to Feb. 2024 (C$0.02 Mil).

Stearman Resources's annual accounts payable & accrued expense increased from . 20 (C$0.00 Mil) to Aug. 2022 (C$0.01 Mil) and increased from Aug. 2022 (C$0.01 Mil) to Aug. 2023 (C$0.03 Mil).

Stearman Resources Accounts Payable & Accrued Expense Historical Data

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

Stearman Resources Annual Data

Trend

Aug22

Aug23

Accounts Payable & Accrued Expense

0.01

0.03

Stearman Resources Quarterly Data
	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			0.10	0.01	0.03	0.02	0.02

Stearman 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.

Stearman Resources (XCNQ:STMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Stearman Resources Inc (XCNQ:STMN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

422 Richards Street, Suite 170, Vancouver, BC, CAN, V6B 2Z4

Website

Stearman Resources Inc is engaged in the business of the acquisition, exploration, and development of mineral resource properties. The company's sole mineral property interest is the Miniac Option on the Miniac Property located in the northern Abitbi region of Quebec.

Executives

Steve Mathiesen

Director

Stearman Resources (XCNQ:STMN) Headlines

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