Rugby Resources (Rugby Resources) Accounts Payable & Accrued Expense : $0.13 Mil (As of Nov. 2023)

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What is Rugby Resources Accounts Payable & Accrued Expense?

Rugby Resources's quarterly accounts payable & accrued expense declined from May. 2023 ($0.20 Mil) to Aug. 2023 ($0.10 Mil) but then increased from Aug. 2023 ($0.10 Mil) to Nov. 2023 ($0.13 Mil).

Rugby Resources's annual accounts payable & accrued expense increased from Feb. 2021 ($0.05 Mil) to Feb. 2022 ($0.34 Mil) but then declined from Feb. 2022 ($0.34 Mil) to Feb. 2023 ($0.31 Mil).

Rugby Resources Accounts Payable & Accrued Expense Historical Data

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

Rugby Resources Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Accounts Payable & Accrued Expense

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0.15

0.05

0.34

0.31

Rugby Resources 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															0.35	0.31	0.20	0.10	0.13

Rugby 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.

Rugby Resources (Rugby Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rugby Resources Ltd (OTCPK:RBMNF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

64O:Germany RUG:Canada

Address

789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2

Website

https://www.rugbyresourcesltd.com

Rugby Resources Ltd is an exploration-stage company. The company with its subsidiaries is engaged in the acquisition, exploration, and development of mineral properties located in Australia, Colombia, and the Philippines. Its activities are all in the one industry segment of mineral property acquisition, exploration and development. Some of the projects of the company are Cobrasco, Colombia Gold and many more.