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MXROF (MAX Resource) Accounts Payable & Accrued Expense : $1.47 Mil (As of Mar. 2025)


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What is MAX Resource Accounts Payable & Accrued Expense?

MAX Resource's quarterly accounts payable & accrued expense increased from Sep. 2024 ($0.90 Mil) to Dec. 2024 ($2.41 Mil) but then declined from Dec. 2024 ($2.41 Mil) to Mar. 2025 ($1.47 Mil).

MAX Resource's annual accounts payable & accrued expense declined from Dec. 2022 ($1.20 Mil) to Dec. 2023 ($0.90 Mil) but then increased from Dec. 2023 ($0.90 Mil) to Dec. 2024 ($2.41 Mil).

MAX Resource Accounts Payable & Accrued Expense Historical Data

The historical data trend for MAX Resource'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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MAX Resource Accounts Payable & Accrued Expense Chart

MAX Resource Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.38 1.20 0.90 2.41

MAX Resource Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 1.49 0.90 2.41 1.47

MAX Resource 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.

MAX Resource Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MAX Resource Corp (OTCPK:MXROF) » Definitions » Accounts Payable & Accrued Expense
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M1D2:Germany MAX:Canada
Address
1570-200 Burrard Street, Vancouver, BC, CAN, V6C 3L6
Website
https://www.maxresource.com
MAX Resource Corp is a mineral exploration company advancing the newly discovered district-scale Cesar copper-silver project. Its Cesar project sits along with the Colombian portion producing copper belt (Andean belt), with infrastructure and the presence of global majors (Glencore and Chevron). The company holds a 100% interest in the RT Gold project in Peru. It has one operating segment which is the exploration of resource properties.