Altair Resources (TSXV:AVX) Accounts Payable & Accrued Expense : C$2.17 Mil (As of Dec. 2023)

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What is Altair Resources Accounts Payable & Accrued Expense?

Altair Resources's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$1.98 Mil) to Sep. 2023 (C$2.09 Mil) and increased from Sep. 2023 (C$2.09 Mil) to Dec. 2023 (C$2.17 Mil).

Altair Resources's annual accounts payable & accrued expense increased from Mar. 2021 (C$0.72 Mil) to Mar. 2022 (C$1.74 Mil) and increased from Mar. 2022 (C$1.74 Mil) to Mar. 2023 (C$1.95 Mil).

Altair Resources Accounts Payable & Accrued Expense Historical Data

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

Altair Resources Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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1.26

1.18

0.72

1.74

1.95

Altair Resources 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															1.12	1.95	1.98	2.09	2.17

Altair 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.

Altair Resources (TSXV:AVX) Business Description

Industry

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

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Traded in Other Exchanges

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Address

1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7

Website

https://www.altairresources.com

Altair Resources Inc is a Canada-based junior mineral exploration company. It is engaged in the business of acquiring, exploring, developing, and exploiting natural resource properties in British Columbia, Canada.