LRAXF (Lara Exploration) Accounts Payable & Accrued Expense : $0.08 Mil (As of Dec. 2024)

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What is Lara Exploration Accounts Payable & Accrued Expense?

Lara Exploration's quarterly accounts payable & accrued expense increased from Jun. 2024 ($0.11 Mil) to Sep. 2024 ($0.17 Mil) but then declined from Sep. 2024 ($0.17 Mil) to Dec. 2024 ($0.08 Mil).

Lara Exploration's annual accounts payable & accrued expense increased from Dec. 2022 ($0.13 Mil) to Dec. 2023 ($0.16 Mil) but then declined from Dec. 2023 ($0.16 Mil) to Dec. 2024 ($0.08 Mil).

Lara Exploration Accounts Payable & Accrued Expense Historical Data

The historical data trend for Lara Exploration'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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Lara Exploration Accounts Payable & Accrued Expense Chart

Lara Exploration Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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0.08

0.20

0.13

0.16

0.08

Lara Exploration Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.16	0.10	0.11	0.17	0.08

Lara Exploration 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.

Lara Exploration Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

LEW:Germany LEW:Germany LRA:Canada

Address

543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8

Website

https://www.laraexploration.com

Lara Exploration Ltd is engaged in the business of exploration. It operates in a single reportable segment, the acquisition and exploration of mineral properties in South America. It also has exploration and evaluation properties in Brazil, Peru, and Chile. The company projects include the Planalto Copper Project, the Liberdade Copper Project and others.