T2 Metals (T2 Metals) Accounts Payable & Accrued Expense : $0.36 Mil (As of Jan. 2024)

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What is T2 Metals Accounts Payable & Accrued Expense?

T2 Metals's quarterly accounts payable & accrued expense increased from Jul. 2023 ($0.29 Mil) to Oct. 2023 ($0.42 Mil) but then declined from Oct. 2023 ($0.42 Mil) to Jan. 2024 ($0.36 Mil).

T2 Metals's annual accounts payable & accrued expense declined from Apr. 2020 ($0.18 Mil) to Apr. 2021 ($0.11 Mil) but then increased from Apr. 2021 ($0.11 Mil) to Apr. 2022 ($0.21 Mil).

T2 Metals Accounts Payable & Accrued Expense Historical Data

The historical data trend for T2 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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T2 Metals Accounts Payable & Accrued Expense Chart

T2 Metals Annual Data

Trend

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Accounts Payable & Accrued Expense

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0.36

0.19

0.18

0.11

0.21

T2 Metals Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Jul23	Oct23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.22	0.27	0.29	0.42	0.36

T2 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.

T2 Metals (T2 Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » T2 Metals Corp (OTCPK:AGLAF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

WJ6:Germany TWO:Canada

Address

1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7

Website

https://www.t2metals.com

T2 Metals Corp is engaged in the discovery of gold, silver, and copper. The company has acquired 100% ownership through staking, the Cora copper project, located in Pinal County, Arizona. The company targets under-explored districts where post-mineralization cover masks areas of high geological prospectivity in the vicinity of major mines. Its projects include Lida project and Sherridon project.

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