M3 Metals (M3 Metals) Accounts Payable & Accrued Expense : $0.08 Mil (As of Nov. 2023)

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What is M3 Metals Accounts Payable & Accrued Expense?

M3 Metals's quarterly accounts payable & accrued expense increased from May. 2023 ($0.08 Mil) to Aug. 2023 ($0.08 Mil) and increased from Aug. 2023 ($0.08 Mil) to Nov. 2023 ($0.08 Mil).

M3 Metals's annual accounts payable & accrued expense increased from Aug. 2021 ($0.19 Mil) to Aug. 2022 ($0.32 Mil) but then declined from Aug. 2022 ($0.32 Mil) to Aug. 2023 ($0.08 Mil).

M3 Metals Accounts Payable & Accrued Expense Historical Data

The historical data trend for M3 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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M3 Metals Accounts Payable & Accrued Expense Chart

M3 Metals Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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0.08

0.15

0.19

0.32

0.08

M3 Metals Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.28	0.27	0.08	0.08	0.08

M3 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.

M3 Metals (M3 Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » M3 Metals Corp (OTCPK:MLGCF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

X0V:Germany MT:Canada

Address

1455 Bellevue Avenue, Suite 300, Vancouver, BC, CAN, V7T 1C3

Website

https://www.m3metalscorp.com

M3 Metals Corp is a Canadian listed company. The company's business is to acquire, explore, and develop interests in mineral properties located in North America. Its only operating segment, being the acquisition and exploration of assets. The company's projects include Texas Spring project, G-South property and Lakshmi-Daggett Ridge project.

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