Collective Mining (Collective Mining) Accounts Payable & Accrued Expense : $2.49 Mil (As of Dec. 2023)

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What is Collective Mining Accounts Payable & Accrued Expense?

Collective Mining's quarterly accounts payable & accrued expense increased from Mar. 2023 ($1.39 Mil) to Sep. 2023 ($2.39 Mil) and increased from Sep. 2023 ($2.39 Mil) to Dec. 2023 ($2.49 Mil).

Collective Mining's annual accounts payable & accrued expense increased from Dec. 2021 ($1.57 Mil) to Dec. 2022 ($1.66 Mil) and increased from Dec. 2022 ($1.66 Mil) to Dec. 2023 ($2.49 Mil).

Collective Mining Accounts Payable & Accrued Expense Historical Data

The historical data trend for Collective Mining'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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Collective Mining Accounts Payable & Accrued Expense Chart

Collective Mining Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.22

1.57

1.66

2.49

Collective Mining Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									1.37	1.66	1.39	2.39	2.49

Collective Mining 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.

Collective Mining (Collective Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Collective Mining Ltd (OTCPK:CNLMF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CNL:Canada

Address

82 Richmond Street East, 4th Floor, Toronto, ON, CAN, M5C 1P1

Website

https://www.collectivemining.com

Collective Mining Ltd is an exploration and development company focused on identifying and exploring prospective mineral projects in South America. The company currently has 100% interest in two projects located in Colombia, namely, Guayabales and San Antonio. The company is responsible for discovering, permitting and constructing the gold mine in Colombia. The company is rapidly advancing exploration on large-scale copper-gold-molybdenum porphyry targets in the mining-friendly department of Caldas in Colombia. Drilling is underway at the Guayabales project which is strategically located contiguous to the Marmato deposit, with initial assay results ongoing.

Collective Mining (Collective Mining) Headlines

From GuruFocus

Collective Mining to Attend Virtual Mines & Money London Conference on December 1-2, 2021

By GlobeNewswire GlobeNewswire • 11-22-2021

The Power Play by The Market Herald Releases New Interview with Collective Mining

By ACCESSWIRE ACCESSWIRE • 08-30-2022