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QZMRF (Quartz Mountain Resources) Accounts Payable & Accrued Expense : $0.02 Mil (As of Oct. 2024)


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What is Quartz Mountain Resources Accounts Payable & Accrued Expense?

Quartz Mountain Resources's quarterly accounts payable & accrued expense increased from Apr. 2024 ($0.03 Mil) to Jul. 2024 ($0.23 Mil) but then declined from Jul. 2024 ($0.23 Mil) to Oct. 2024 ($0.02 Mil).

Quartz Mountain Resources's annual accounts payable & accrued expense declined from Jul. 2022 ($0.23 Mil) to Jul. 2023 ($0.03 Mil) but then increased from Jul. 2023 ($0.03 Mil) to Jul. 2024 ($0.23 Mil).

Quartz Mountain Resources Accounts Payable & Accrued Expense Historical Data

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

Quartz Mountain Resources Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.07 0.23 0.03 0.23

Quartz Mountain Resources Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.05 0.03 0.23 0.02

Quartz Mountain 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.

Quartz Mountain Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Quartz Mountain Resources Ltd (OTCPK:QZMRF) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
QZM:Canada
Address
1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1
Website
https://www.quartzmountainresources.com
Quartz Mountain Resources Ltd is in the business of exploring and developing mineral properties in Canada. It is focused on acquiring, exploring, developing, and transacting important scale gold, silver, and copper deposits in British Columbia. The projects that the company holds an interest in are the Maestro project and the Jake project. All the company's assets are located in Canada.