Rift Valley Resources (XCNQ:RVR) Accounts Payable & Accrued Expense : C$0.27 Mil (As of Sep. 2022)

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What is Rift Valley Resources Accounts Payable & Accrued Expense?

Rift Valley Resources's quarterly accounts payable & accrued expense increased from Mar. 2022 (C$0.19 Mil) to Jun. 2022 (C$0.22 Mil) and increased from Jun. 2022 (C$0.22 Mil) to Sep. 2022 (C$0.27 Mil).

Rift Valley Resources's annual accounts payable & accrued expense declined from Dec. 2019 (C$0.22 Mil) to Dec. 2020 (C$0.10 Mil) but then increased from Dec. 2020 (C$0.10 Mil) to Dec. 2021 (C$0.15 Mil).

Rift Valley Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for Rift Valley Resources'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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Rift Valley Resources Accounts Payable & Accrued Expense Chart

Rift Valley Resources Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Accounts Payable & Accrued Expense

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0.01

0.08

0.22

0.10

0.15

Rift Valley Resources Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.14	0.15	0.19	0.22	0.27

Rift Valley Resources 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.

Rift Valley Resources (XCNQ:RVR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Rift Valley Resources Corp (XCNQ:RVR) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

1681 Chestnut Street, Number 400, Vancouver, BC, CAN, V6J 4M6

Website

https://www.riftvalleyresources.ca

Rift Valley Resources Corp is engaged in the evaluation of a wireless service business and other business opportunities. It provides Fixed and Portable wireless broadband. The company also develops QwikCom portable wireless broadband and surveillance system for remote communications, disaster recovery and facility/border surveillance.