Silvercorp Metals (Silvercorp Metals) Accounts Payable & Accrued Expense : $53.7 Mil (As of Dec. 2023)

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What is Silvercorp Metals Accounts Payable & Accrued Expense?

Silvercorp Metals's quarterly accounts payable & accrued expense increased from Jun. 2023 ($39.2 Mil) to Sep. 2023 ($45.8 Mil) and increased from Sep. 2023 ($45.8 Mil) to Dec. 2023 ($53.7 Mil).

Silvercorp Metals's annual accounts payable & accrued expense increased from Mar. 2021 ($31.7 Mil) to Mar. 2022 ($39.9 Mil) but then declined from Mar. 2022 ($39.9 Mil) to Mar. 2023 ($36.9 Mil).

Silvercorp Metals Accounts Payable & Accrued Expense Historical Data

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

Silvercorp Metals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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30.36

24.07

31.66

39.94

36.88

Silvercorp Metals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															44.08	36.88	39.21	45.80	53.71

Silvercorp 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.

Silvercorp Metals (Silvercorp Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silvercorp Metals Inc (AMEX:SVM) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

S9Y:Germany SVM:Canada

Address

1066 West Hastings Street, Suite 1750, Vancouver, BC, CAN, V6E 3X1

Website

http://www.silvercorp.ca

Silvercorp Metals Inc is a mineral mining company. It acquires, explores, develops, and mines precious and base metal mineral properties at its producing mines and exploration and development projects in China. The group produces silver, gold, lead, and zinc. The company creates shareholder's value by focusing on generating free cash flow from long-life mines; organic growth through extensive drilling for discovery; equity investments in potential world-class opportunities; ongoing merger and acquisition efforts to unlock value; and long-term commitment to responsible mining and ESG.