Copper Lake Resources (TSXV:CPL) Accounts Payable & Accrued Expense : C$0.59 Mil (As of Jan. 2024)

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What is Copper Lake Resources Accounts Payable & Accrued Expense?

Copper Lake Resources's quarterly accounts payable & accrued expense declined from Jul. 2023 (C$0.78 Mil) to Oct. 2023 (C$0.61 Mil) and declined from Oct. 2023 (C$0.61 Mil) to Jan. 2024 (C$0.59 Mil).

Copper Lake Resources's annual accounts payable & accrued expense declined from Oct. 2021 (C$0.39 Mil) to Oct. 2022 (C$0.22 Mil) but then increased from Oct. 2022 (C$0.22 Mil) to Oct. 2023 (C$0.61 Mil).

Copper Lake Resources Accounts Payable & Accrued Expense Historical Data

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

Copper Lake Resources Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Accounts Payable & Accrued Expense

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0.40

0.37

0.39

0.22

0.61

Copper Lake Resources Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.52	0.81	0.78	0.61	0.59

Copper Lake 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.

Copper Lake Resources (TSXV:CPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Copper Lake Resources Ltd (TSXV:CPL) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

WTCZF:USA W0I:Germany

Address

1 King Street West, Suite 4800 - 233, Toronto, ON, CAN, M5H 1A1

Website

https://www.copperlakeresources.com

Copper Lake Resources Ltd is an exploration company based in Canada. It is principally engaged in the business of exploration and development of mineral resource properties. It holds an interest in Norton lake property, Marshall lake property which is located in the north-northeast of Thunder Bay, Ontario. The company operates its business through a single segment being a Mineral exploration in Canada. Its project portfolio includes Mine Lake Gold, Queen Alexandria Gold, Centrefire-Redhat Gold-Copper and Grand Chibougamau Gold Property.

Executives

Terrence Macdonald

Director, Senior Officer