Minco Capital (TSXV:MMM) Accounts Payable & Accrued Expense : C$0.05 Mil (As of Dec. 2023)

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What is Minco Capital Accounts Payable & Accrued Expense?

Minco Capital's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$0.02 Mil) to Sep. 2023 (C$0.03 Mil) and increased from Sep. 2023 (C$0.03 Mil) to Dec. 2023 (C$0.05 Mil).

Minco Capital's annual accounts payable & accrued expense declined from Dec. 2021 (C$0.10 Mil) to Dec. 2022 (C$0.05 Mil) but then increased from Dec. 2022 (C$0.05 Mil) to Dec. 2023 (C$0.05 Mil).

Minco Capital Accounts Payable & Accrued Expense Historical Data

The historical data trend for Minco Capital'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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Minco Capital Accounts Payable & Accrued Expense Chart

Minco Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.04

0.06

0.10

0.05

Minco Capital 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															0.05	0.05	0.02	0.03	0.05

Minco Capital 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.

Minco Capital (TSXV:MMM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Minco Capital Corp (TSXV:MMM) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

MGHCF:USA MI5:Germany

Address

No. 2060 - 1055 West Georgia Street, PO Box 11176, Vancouver, BC, CAN, V6E 3R5

Website

http://www.mincocapitalcorp.com

Minco Capital Corp is a Canadian company that is focused on utilizing its working capital position, industry contacts and internal expertise to identify, evaluate and invest in assets that have the capacity to generate returns and growth. The company invests in publicly traded and privately held corporations as well as taking indirect and direct ownership stakes in resource projects. Its types of investments may include common shares, preferred shares, warrants, royalties, convertible debentures, bridge loans, and other investment vehicles. It has one segment which is the acquisition and sale of investments in other companies.