Cygnus Metals (Cygnus Metals) Accounts Payable & Accrued Expense : $1.71 Mil (As of Jun. 2023)

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What is Cygnus Metals Accounts Payable & Accrued Expense?

Cygnus Metals's quarterly accounts payable & accrued expense increased from Jun. 2022 ($0.25 Mil) to Dec. 2022 ($2.38 Mil) but then declined from Dec. 2022 ($2.38 Mil) to Jun. 2023 ($1.71 Mil).

Cygnus Metals's annual accounts payable & accrued expense increased from Dec. 2021 ($0.19 Mil) to Dec. 2022 ($2.38 Mil) and increased from Dec. 2022 ($2.38 Mil) to Dec. 2023 ($3.70 Mil).

Cygnus Metals Accounts Payable & Accrued Expense Historical Data

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

Cygnus Metals Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.23

0.07

0.19

2.38

3.70

Cygnus Metals Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							0.19	0.25	2.38	1.71	3.70

Cygnus 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.

Cygnus Metals (Cygnus Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cygnus Metals Ltd (OTCPK:CYGGF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

CY5:Australia

Address

8 Richardson Street, Level 2, West Perth, WA, AUS, 6005

Website

https://www.cygnusmetals.com

Cygnus Metals Ltd is a exploration company focused on advancing the Pontax Lithium Project in the James Bay lithium district in Canada, as well as the Bencubbin Lithium Project and Snake Rock Project in Western Australia. The company is actively exploring both jurisdictions with tenure prospective for lithium as well as gold, nickel, copper and platinum group elements.

Cygnus Metals (Cygnus Metals) Headlines

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