Avalon Advanced Materials (TSX:AVL) Accounts Payable & Accrued Expense : C$2.03 Mil (As of Nov. 2023)

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What is Avalon Advanced Materials Accounts Payable & Accrued Expense?

Avalon Advanced Materials's quarterly accounts payable & accrued expense increased from Feb. 2023 (C$0.69 Mil) to May. 2023 (C$1.09 Mil) and increased from May. 2023 (C$1.09 Mil) to Nov. 2023 (C$2.03 Mil).

Avalon Advanced Materials's annual accounts payable & accrued expense declined from Aug. 2019 (C$1.07 Mil) to Aug. 2020 (C$0.73 Mil) and declined from Aug. 2020 (C$0.73 Mil) to Aug. 2021 (C$0.63 Mil).

Avalon Advanced Materials Accounts Payable & Accrued Expense Historical Data

The historical data trend for Avalon Advanced Materials'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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Avalon Advanced Materials Accounts Payable & Accrued Expense Chart

Avalon Advanced Materials Annual Data

Trend

Aug12

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Accounts Payable & Accrued Expense

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0.81

0.80

1.07

0.73

0.63

Avalon Advanced Materials Quarterly Data
	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Nov22	Feb23	May23	Nov23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.51	0.62	0.69	1.09	2.03

Avalon Advanced Materials 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.

Avalon Advanced Materials (TSX:AVL) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Avalon Advanced Materials Inc (TSX:AVL) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

AVLNF:USA OU5A:Germany

Address

130 Adelaide Street West, Suite 1901, Toronto, ON, CAN, M5H 3P5

Website

https://www.avalonadvancedmaterials.com

Avalon Advanced Materials Inc is a mineral exploration and development company. The projects of the company includes East Kemptville, Lilypad, Nechalacho, Separation Rapids, and Warren Township.

Avalon Advanced Materials (TSX:AVL) Headlines

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