Sun Summit Minerals (Sun Summit Minerals) Accounts Payable & Accrued Expense : $0.01 Mil (As of Feb. 2024)

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What is Sun Summit Minerals Accounts Payable & Accrued Expense?

Sun Summit Minerals's quarterly accounts payable & accrued expense increased from Aug. 2023 ($0.01 Mil) to Nov. 2023 ($0.04 Mil) but then declined from Nov. 2023 ($0.04 Mil) to Feb. 2024 ($0.01 Mil).

Sun Summit Minerals's annual accounts payable & accrued expense declined from Nov. 2021 ($0.12 Mil) to Nov. 2022 ($0.03 Mil) but then increased from Nov. 2022 ($0.03 Mil) to Nov. 2023 ($0.04 Mil).

Sun Summit Minerals Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sun Summit Minerals'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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Sun Summit Minerals Accounts Payable & Accrued Expense Chart

Sun Summit Minerals Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Accounts Payable & Accrued Expense

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0.02

0.11

0.12

0.03

0.04

Sun Summit Minerals Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.05	0.08	0.01	0.04	0.01

Sun Summit Minerals 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.

Sun Summit Minerals (Sun Summit Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sun Summit Minerals Corp (OTCPK:SMREF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

SMN:Canada

Address

889 West Pender Street, c/o Suite 800, Vancouver, BC, CAN, V6C 3B2

Website

https://www.sunsummitminerals.com

Sun Summit Minerals Corp is a Canadian mineral exploration company. The company is focused on developing a resource at the flagship Buck Project located in central British Columbia. Its projects include Chunibas Project, 1068 Project, and Other Projects. The company conducts its operations in Canada and Mexico.

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