Altima Resources (FRA:AKC1) Accounts Payable & Accrued Expense : €5.88 Mil (As of Nov. 2023)

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What is Altima Resources Accounts Payable & Accrued Expense?

Altima Resources's quarterly accounts payable & accrued expense increased from May. 2023 (€5.86 Mil) to Aug. 2023 (€6.01 Mil) but then declined from Aug. 2023 (€6.01 Mil) to Nov. 2023 (€5.88 Mil).

Altima Resources's annual accounts payable & accrued expense increased from Nov. 2020 (€4.19 Mil) to Feb. 2022 (€5.29 Mil) and increased from Feb. 2022 (€5.29 Mil) to Feb. 2023 (€5.68 Mil).

Altima Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for Altima 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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Altima Resources Accounts Payable & Accrued Expense Chart

Altima Resources Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Feb22

Feb23

Accounts Payable & Accrued Expense

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1.79

2.02

4.19

5.29

5.68

Altima Resources Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															5.73	5.68	5.86	6.01	5.88

Altima 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.

Altima Resources (FRA:AKC1) Business Description

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ARSLF:USA ARH:Canada

Address

595 Howe Street, Suite 303, Vancouver, BC, CAN, V6C 2T5

Website

http://www.altimaresources.ca

Altima Resources Ltd is a junior energy company engaged in the exploration and development of petroleum and natural gas in Canada. The company operates in the petroleum and natural gas industry.

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