EDM Resources (TSXV:EDM) Accounts Payable & Accrued Expense : C$0.53 Mil (As of Dec. 2023)

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What is EDM Resources Accounts Payable & Accrued Expense?

EDM Resources's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$0.91 Mil) to Sep. 2023 (C$1.10 Mil) but then declined from Sep. 2023 (C$1.10 Mil) to Dec. 2023 (C$0.53 Mil).

EDM Resources's annual accounts payable & accrued expense increased from Dec. 2021 (C$0.17 Mil) to Dec. 2022 (C$0.63 Mil) but then declined from Dec. 2022 (C$0.63 Mil) to Dec. 2023 (C$0.53 Mil).

EDM Resources Accounts Payable & Accrued Expense Historical Data

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

EDM Resources Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.39

0.35

0.17

0.63

0.53

EDM 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															0.63	0.88	0.91	1.10	0.53

EDM 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.

EDM Resources (TSXV:EDM) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

1959 Upper Water Street, Suite 1301, Purdy's Wharf, Halifax, NS, CAN, B3J 3N2

Website

https://www.edmresources.com

EDM Resources Inc is an exploration and development company. The company is engaged in base metals mining and related activities, including the exploration and evaluation of mineral property interests that are considered to have the potential for economic mineralization and development. Its project includes Scotia Mine; Eastville Prospect; Carrolls Farm and Carrolls Corner Prospects.

Executives

Mark Stephen Richard Haywood

Senior Officer

EDM Resources (TSXV:EDM) Headlines

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