Nobel Resources (Nobel Resources) Accounts Payable & Accrued Expense : $0.82 Mil (As of Mar. 2024)

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What is Nobel Resources Accounts Payable & Accrued Expense?

Nobel Resources's quarterly accounts payable & accrued expense declined from Sep. 2023 ($1.17 Mil) to Dec. 2023 ($0.71 Mil) but then increased from Dec. 2023 ($0.71 Mil) to Mar. 2024 ($0.82 Mil).

Nobel Resources's annual accounts payable & accrued expense increased from Dec. 2021 ($0.51 Mil) to Dec. 2022 ($0.60 Mil) and increased from Dec. 2022 ($0.60 Mil) to Dec. 2023 ($0.71 Mil).

Nobel Resources Accounts Payable & Accrued Expense Historical Data

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

Nobel Resources Annual Data

Trend

Sep19

Sep20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.05

0.06

0.51

0.60

0.71

Nobel Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial														0.79	0.99	1.17	0.71	0.82

Nobel 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.

Nobel Resources (Nobel Resources) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

7Z00:Germany NBLC:Canada

Address

36 Lombard Street, Floor 4, Toronto, ON, CAN, M5C 2X3

Website

https://www.nobel-resources.com

Nobel Resources Corp is a mineral exploration and development company. It holds interests in the La Salvadora Property, Chile and Algarrobo Project, located in the coastal IOCG (Iron, Oxide, Copper, Gold) belt in northern Chile. Geographically, the company operates in Chile and Canada.

Nobel Resources (Nobel Resources) Headlines

From GuruFocus

Nobel Engages Generation IACP Inc. For Market Making Services

By GlobeNewswire GlobeNewswire • 03-22-2022

Nobel Announces Change to Board of Directors

By GlobeNewswire GlobeNewswire • 04-14-2023