Altai Resources (Altai Resources) Accounts Payable & Accrued Expense : $0.04 Mil (As of Sep. 2023)

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What is Altai Resources Accounts Payable & Accrued Expense?

Altai Resources's quarterly accounts payable & accrued expense declined from Mar. 2023 ($0.09 Mil) to Jun. 2023 ($0.04 Mil) but then increased from Jun. 2023 ($0.04 Mil) to Sep. 2023 ($0.04 Mil).

Altai Resources's annual accounts payable & accrued expense increased from Dec. 2020 ($0.04 Mil) to Dec. 2021 ($0.07 Mil) and increased from Dec. 2021 ($0.07 Mil) to Dec. 2022 ($0.13 Mil).

Altai Resources Accounts Payable & Accrued Expense Historical Data

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

Altai Resources Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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0.04

0.07

0.13

Altai Resources Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.08	0.13	0.09	0.04	0.04

Altai 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.

Altai Resources (Altai Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Altai Resources Inc (OTCPK:ARSEF) » Definitions » Accounts Payable & Accrued Expense

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ATI:Canada

Address

895 Don Mills Road, Suite 900, Two Morneau Shepell Centre, Toronto, ON, CAN, M3C 1W3

Website

http://www.altairesources.com

Altai Resources Inc is a Canadian based resource company, with a diversified portfolio of natural gas, oil and gold properties in Canada. It is engaged in the exploration and development of mineral properties. The company's properties portfolio includes Sorel-Trois Riviere's natural gas property, Cessford oil field, and Malartic gold project.

Altai Resources (Altai Resources) Headlines

From GuruFocus

Altai Announces Election of The Board of Directors

By GlobeNewswire GlobeNewswire • 12-28-2022

Altai Announces Election of the Board of Directors and Stock Option Grants

By GlobeNewswire GlobeNewswire • 08-30-2018

Altai Announces Election of the Board of Directors

By GlobeNewswire GlobeNewswire • 09-27-2021