Victory Battery Metals (XCNQ:VR) Accounts Payable & Accrued Expense : C$0.21 Mil (As of Nov. 2023)

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What is Victory Battery Metals Accounts Payable & Accrued Expense?

Victory Battery Metals's quarterly accounts payable & accrued expense declined from May. 2023 (C$0.35 Mil) to Aug. 2023 (C$0.15 Mil) but then increased from Aug. 2023 (C$0.15 Mil) to Nov. 2023 (C$0.21 Mil).

Victory Battery Metals's annual accounts payable & accrued expense declined from Feb. 2021 (C$0.18 Mil) to Feb. 2022 (C$0.15 Mil) but then increased from Feb. 2022 (C$0.15 Mil) to Feb. 2023 (C$0.23 Mil).

Victory Battery Metals Accounts Payable & Accrued Expense Historical Data

The historical data trend for Victory Battery 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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Victory Battery Metals Accounts Payable & Accrued Expense Chart

Victory Battery Metals Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Accounts Payable & Accrued Expense

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0.10

0.25

0.18

0.15

0.23

Victory Battery Metals 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															0.05	0.23	0.35	0.15	0.21

Victory Battery 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.

Victory Battery Metals (XCNQ:VR) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

VRCFF:USA VR60:Germany

Address

355 Burrard Street, Suite 1780, Vancouver, BC, CAN, V6C 2G8

Website

https://www.victorybatterymetals.com

Victory Battery Metals Corp is a Canadian mineral exploration company. The company operates through two segments namely Acquisition, Exploration, and Development of mineral properties and Administrative and Investing activities. Geographically, it operates in Canada and USA. Its projects portfolio includes Smokey Lithium, Mal-Wen, Loner Property, Hammond Reef South, Lac Simard, and Black Diablo.