Platinum Group Metals (STU:P6MB) Accounts Payable & Accrued Expense : €0.37 Mil (As of Feb. 2024)

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What is Platinum Group Metals Accounts Payable & Accrued Expense?

Platinum Group Metals's quarterly accounts payable & accrued expense declined from Aug. 2023 (€1.25 Mil) to Nov. 2023 (€0.61 Mil) and declined from Nov. 2023 (€0.61 Mil) to Feb. 2024 (€0.37 Mil).

Platinum Group Metals's annual accounts payable & accrued expense declined from Aug. 2021 (€2.09 Mil) to Aug. 2022 (€1.11 Mil) but then increased from Aug. 2022 (€1.11 Mil) to Aug. 2023 (€1.25 Mil).

Platinum Group Metals Accounts Payable & Accrued Expense Historical Data

The historical data trend for Platinum Group Metals'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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Platinum Group Metals Accounts Payable & Accrued Expense Chart

Platinum Group Metals Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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6.11

3.64

2.09

1.11

1.25

Platinum Group Metals 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															0.84	0.57	1.25	0.61	0.37

Platinum Group Metals 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.

Platinum Group Metals (STU:P6MB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Platinum Group Metals Ltd (STU:P6MB) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

PLG:USA PTM:Canada

Address

1100 Melville Street, Suite 838, Vancouver, BC, CAN, V6E 4A6

Website

https://www.platinumgroupmetals.net

Platinum Group Metals Ltd is the operator of the Waterberg Project, a bulk underground PGM deposit located in South Africa. Waterberg was discovered by Platinum Group and is being jointly developed with Implats, the Japan Oil, Gas and Metals National Corporation (JOGMEC) and Hanwa Co. Ltd. Waterberg has the potential to be a large-scale, low-cost producer of palladium, platinum, rhodium, and gold. Geographically, it operates in Canada and South Africa.

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