Abacus Mining & Exploration (TSXV:AME) Accounts Payable & Accrued Expense : C$0.22 Mil (As of Dec. 2023)

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What is Abacus Mining & Exploration Accounts Payable & Accrued Expense?

Abacus Mining & Exploration's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$0.26 Mil) to Sep. 2023 (C$0.27 Mil) but then declined from Sep. 2023 (C$0.27 Mil) to Dec. 2023 (C$0.22 Mil).

Abacus Mining & Exploration's annual accounts payable & accrued expense declined from Dec. 2021 (C$0.25 Mil) to Dec. 2022 (C$0.22 Mil) and declined from Dec. 2022 (C$0.22 Mil) to Dec. 2023 (C$0.22 Mil).

Abacus Mining & Exploration Accounts Payable & Accrued Expense Historical Data

The historical data trend for Abacus Mining & Exploration'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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Abacus Mining & Exploration Accounts Payable & Accrued Expense Chart

Abacus Mining & Exploration Annual Data

Trend

Dec14

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Dec18

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Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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0.37

0.21

0.25

0.22

Abacus Mining & Exploration Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.22	0.25	0.26	0.27	0.22

Abacus Mining & Exploration 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.

Abacus Mining & Exploration (TSXV:AME) Business Description

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ABCFF:USA

Address

1050 West Pender Street, Suite 1000, Vancouver, BC, CAN, V6E 3S7

Website

https://www.amemining.com

Abacus Mining & Exploration Corp is an exploration stage company engaged principally in the acquisition, exploration, and development of mineral properties in Canada. It's mineral exploration and development operations are in the United States. Some of the company's projects are the Willow Project and Ajax Copper-Gold Project.