Silver Elephant Mining (Silver Elephant Mining) Accounts Payable & Accrued Expense : $2.72 Mil (As of Sep. 2023)

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What is Silver Elephant Mining Accounts Payable & Accrued Expense?

Silver Elephant Mining's quarterly accounts payable & accrued expense increased from Dec. 2022 ($2.56 Mil) to Jun. 2023 ($2.81 Mil) but then declined from Jun. 2023 ($2.81 Mil) to Sep. 2023 ($2.72 Mil).

Silver Elephant Mining's annual accounts payable & accrued expense declined from Dec. 2019 ($1.84 Mil) to Dec. 2020 ($1.37 Mil) but then increased from Dec. 2020 ($1.37 Mil) to Dec. 2021 ($1.96 Mil).

Silver Elephant Mining Accounts Payable & Accrued Expense Historical Data

The historical data trend for Silver Elephant Mining'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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Silver Elephant Mining Accounts Payable & Accrued Expense Chart

Silver Elephant Mining Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Accounts Payable & Accrued Expense

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1.49

1.22

1.84

1.37

1.96

Silver Elephant Mining Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.43	3.14	2.56	2.81	2.72

Silver Elephant Mining 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.

Silver Elephant Mining (Silver Elephant Mining) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

1P2:Germany ELEF:Canada

Address

409 Granville Street, Suite 1610, Vancouver, BC, CAN, V6C 1T2

Website

https://www.silverelef.com

Silver Elephant Mining Corp is a Canada-based mining and exploration company of energy metals. The company is amassing large quantities of silver and nickel-metal resources in the ground. Geographically, it operates in Canada; the USA; Mongolia, and Bolivia. Its projects include Pulacayo; Sunawayo; El Triunfo ; Minago; Triunfo and Gibellini.