American Lithium (TSXV:LI) Accounts Payable & Accrued Expense : C$1.99 Mil (As of Nov. 2023)

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What is American Lithium Accounts Payable & Accrued Expense?

American Lithium's quarterly accounts payable & accrued expense increased from May. 2023 (C$1.89 Mil) to Aug. 2023 (C$2.43 Mil) but then declined from Aug. 2023 (C$2.43 Mil) to Nov. 2023 (C$1.99 Mil).

American Lithium's annual accounts payable & accrued expense increased from Feb. 2021 (C$0.41 Mil) to Feb. 2022 (C$1.51 Mil) and increased from Feb. 2022 (C$1.51 Mil) to Feb. 2023 (C$1.66 Mil).

American Lithium Accounts Payable & Accrued Expense Historical Data

The historical data trend for American Lithium'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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American Lithium Accounts Payable & Accrued Expense Chart

American Lithium Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Accounts Payable & Accrued Expense

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0.72

0.62

0.41

1.51

1.66

American Lithium Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.12	1.66	1.89	2.43	1.99

American Lithium 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.

American Lithium (TSXV:LI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » American Lithium Corp (TSXV:LI) » Definitions » Accounts Payable & Accrued Expense

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AMLI:USA 5LA1:Germany

Address

1030 West Georgia Street, Suite 710, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.americanlithiumcorp.com

American Lithium Corp is an exploration-stage company. It is engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas. Its current focus is on developing its strategically located TLC lithium claystone project in the richly mineralized Esmeralda lithium district in Nevada, enabling the shift to a new energy paradigm. In addition, Falchani lithium and Macusani uranium development-stage projects are being advanced in southeastern Peru.