Arcland Resources (TSXV:ADR.H) Accounts Payable & Accrued Expense : C$0.02 Mil (As of Feb. 2024)

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What is Arcland Resources Accounts Payable & Accrued Expense?

Arcland Resources's quarterly accounts payable & accrued expense declined from Aug. 2023 (C$0.04 Mil) to Nov. 2023 (C$0.01 Mil) but then increased from Nov. 2023 (C$0.01 Mil) to Feb. 2024 (C$0.02 Mil).

Arcland Resources's annual accounts payable & accrued expense increased from Nov. 2021 (C$0.01 Mil) to Nov. 2022 (C$0.03 Mil) but then declined from Nov. 2022 (C$0.03 Mil) to Nov. 2023 (C$0.01 Mil).

Arcland Resources Accounts Payable & Accrued Expense Historical Data

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

Arcland Resources Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Accounts Payable & Accrued Expense

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0.02

0.05

0.01

0.03

0.01

Arcland Resources 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	0.02	0.04	0.01	0.02

Arcland 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.

Arcland Resources (TSXV:ADR.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Arcland Resources Inc (TSXV:ADR.H) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

801-560 Cardero Street, Vancouver, BC, CAN, V6G 3G1

Website

http://www.arclandresources.com

Arcland Resources Inc is a Canada based mineral resource company. Principally, it is engaged in the business of acquisition, exploration, and development of mining properties. The company is involved in evaluating acquisition targets for its various mineral exploration projects.

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