STACF (Portex Minerals) Accounts Payable & Accrued Expense: $0.38 Mil (As of Jun. 2016)

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What is Portex Minerals Accounts Payable & Accrued Expense?

Portex Minerals STACF Accounts Payable & Accrued Expense is $0.38 Mil as of Jun. 2016.

Portex Minerals's quarterly accounts payable & accrued expense declined from Dec. 2015 ($1.63 Mil) to Mar. 2016 ($0.37 Mil) but then increased from Mar. 2016 ($0.37 Mil) to Jun. 2016 ($0.38 Mil).

Portex Minerals's annual accounts payable & accrued expense increased from Sep. 2013 ($1.04 Mil) to Sep. 2014 ($1.78 Mil) but then declined from Sep. 2014 ($1.78 Mil) to Sep. 2015 ($1.66 Mil).

Portex Minerals Accounts Payable & Accrued Expense Historical Data

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The historical data trend for Portex 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.

Portex Minerals Accounts Payable & Accrued Expense Chart

Portex Minerals Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only 0.24 0.65 1.04 1.78 1.66

Portex Minerals Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 1.31 1.66 1.63 0.37 0.38

Portex 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.

What does a Accounts Payable & Accrued Expense of $0.38 Mil mean?
Portex Minerals (STACF) has a Accounts Payable & Accrued Expense of $0.38 Mil as of Jun. 2016. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Portex Minerals and its competitors.
Is Portex Minerals' Accounts Payable & Accrued Expense too high?
Portex Minerals' current Accounts Payable & Accrued Expense is $0.38 Mil.
How does Portex Minerals' Accounts Payable & Accrued Expense compare to competitors?
Portex Minerals' Accounts Payable & Accrued Expense of $0.38 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable & Accrued Expense for a Metals & Mining company?
A good Accounts Payable & Accrued Expense depends on the Metals & Mining industry context. However, Accounts Payable & Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable & Accrued Expense mean?
A high Accounts Payable & Accrued Expense can signal that a stock is expensive relative to its fundamentals. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Portex Minerals and its competitors. Portex Minerals's current Accounts Payable & Accrued Expense is $0.38 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Portex Minerals stock overvalued right now?
Portex Minerals (STACF) has a current Accounts Payable & Accrued Expense of $0.38 Mil. The current Accounts Payable & Accrued Expense is $0.38 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable & Accrued Expense calculated?
Accounts Payable & Accrued Expense is calculated from a company's financial statements. For Portex Minerals (STACF), the current Accounts Payable & Accrued Expense is $0.38 Mil as of Jun. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Portex Minerals Business Description

Address 2 Bloor Street West, Suite 2000, Toronto, ON, CAN, M4W 3E2
Portex Minerals Inc is a mineral exploration and development company focused on the acquisition and development of mining projects in Europe and other low-risk jurisdictions.