Sterling Metals (Sterling Metals) Accounts Payable & Accrued Expense : $0.18 Mil (As of Dec. 2023)

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What is Sterling Metals Accounts Payable & Accrued Expense?

Sterling Metals's quarterly accounts payable & accrued expense increased from Dec. 2022 ($0.20 Mil) to Sep. 2023 ($0.31 Mil) but then declined from Sep. 2023 ($0.31 Mil) to Dec. 2023 ($0.18 Mil).

Sterling Metals's annual accounts payable & accrued expense increased from Dec. 2021 ($0.13 Mil) to Dec. 2022 ($0.20 Mil) but then declined from Dec. 2022 ($0.20 Mil) to Dec. 2023 ($0.18 Mil).

Sterling Metals Accounts Payable & Accrued Expense Historical Data

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

Sterling Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.80

0.14

0.13

0.20

0.18

Sterling Metals Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.10	0.28	0.20	0.31	0.18

Sterling 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.

Sterling Metals (Sterling Metals) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

LACB:Germany SAG:Canada

Address

217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2

Website

https://www.sterlingmetals.ca

Sterling Metals Corp is engaged in the exploration and development of resource properties. Its project includes the Sail Pond project, located on Newfoundland's Great Northern Peninsula, eastern Canada.