Terra Metals (Terra Metals) Accounts Payable & Accrued Expense : $5.03 Mil (As of Jun. 2019)

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What is Terra Metals Accounts Payable & Accrued Expense?

Terra Metals's quarterly accounts payable & accrued expense declined from Dec. 2018 ($9.15 Mil) to Mar. 2019 ($0.00 Mil) but then increased from Mar. 2019 ($0.00 Mil) to Jun. 2019 ($5.03 Mil).

Terra Metals's annual accounts payable & accrued expense increased from Jun. 2017 ($0.84 Mil) to Jun. 2018 ($9.89 Mil) but then declined from Jun. 2018 ($9.89 Mil) to Jun. 2019 ($5.03 Mil).

Terra Metals Accounts Payable & Accrued Expense Historical Data

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

Terra Metals Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Accounts Payable & Accrued Expense

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0.19

0.84

9.89

5.03

Terra Metals Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Dec19
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															-	9.15	-	5.03	-

Terra 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.