Nickel 28 Capital (Nickel 28 Capital) Accounts Payable & Accrued Expense : $0.18 Mil (As of Oct. 2023)

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What is Nickel 28 Capital Accounts Payable & Accrued Expense?

Nickel 28 Capital's quarterly accounts payable & accrued expense declined from Apr. 2023 ($1.58 Mil) to Jul. 2023 ($0.49 Mil) and declined from Jul. 2023 ($0.49 Mil) to Oct. 2023 ($0.18 Mil).

Nickel 28 Capital's annual accounts payable & accrued expense increased from Dec. 2020 ($0.07 Mil) to Jan. 2022 ($0.32 Mil) and increased from Jan. 2022 ($0.32 Mil) to Jan. 2023 ($0.34 Mil).

Nickel 28 Capital Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nickel 28 Capital'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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Nickel 28 Capital Accounts Payable & Accrued Expense Chart

Nickel 28 Capital Annual Data

Trend

Dec19

Dec20

Jan22

Jan23

Accounts Payable & Accrued Expense

0.48

0.07

0.32

0.34

Nickel 28 Capital Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial											0.62	0.34	1.58	0.49	0.18

Nickel 28 Capital 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.

Nickel 28 Capital (Nickel 28 Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nickel 28 Capital Corp (OTCPK:CONXF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

3JC:Germany NKL:Canada

Address

155 University Avenue, Suite 1240, Toronto, ON, CAN, M5H 3B7

Website

https://www.nickel28.com

Nickel 28 Capital Corp is a nickel-cobalt producer in Canada. Nickel-cobalt production comes from its joint-venture interest in the Ramu Nickel-Cobalt Operation located in Papua New Guinea provides it with significant attributable nickel and cobalt production thereby offering shareholders direct exposure to two metals that are critical to the adoption of electric vehicles. In addition, the company manages a portfolio of around 13 nickel and cobalt royalties on development and exploration projects in Canada, Australia, and Papua New Guinea.