Electric Royalties (TSXV:ELEC) Accounts Payable & Accrued Expense : C$0.41 Mil (As of Jun. 2024)

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What is Electric Royalties Accounts Payable & Accrued Expense?

Electric Royalties's quarterly accounts payable & accrued expense increased from Dec. 2023 (C$4.47 Mil) to Mar. 2024 (C$4.66 Mil) but then declined from Mar. 2024 (C$4.66 Mil) to Jun. 2024 (C$0.41 Mil).

Electric Royalties's annual accounts payable & accrued expense declined from Dec. 2021 (C$0.34 Mil) to Dec. 2022 (C$0.13 Mil) but then increased from Dec. 2022 (C$0.13 Mil) to Dec. 2023 (C$4.47 Mil).

Electric Royalties Accounts Payable & Accrued Expense Historical Data

The historical data trend for Electric Royalties'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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Electric Royalties Accounts Payable & Accrued Expense Chart

Electric Royalties Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.05

0.12

0.34

0.13

4.47

Electric Royalties Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.11	0.08	4.47	4.66	0.41

Electric Royalties 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.

Electric Royalties Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Electric Royalties Ltd (TSXV:ELEC) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

ELECF:USA

Address

1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1

Website

https://www.electricroyalties.com

Electric Royalties Ltd is a royalty company established to take advantage of the demand for a wide range of commodities such as lithium, vanadium, manganese, tin, graphite, cobalt, nickel, zinc and copper that will benefit from the drive toward electrification of a variety of consumer products such as cars, rechargeable batteries, large scale energy storage, renewable energy generation and other applications. The Company's mineral royalty interests and deferred transaction costs, and investment in an associate are located in the following locations: Canada, United States of America, Southern Hemisphere, Norway and Others.

Executives

Stefan Gleason

10% Security Holder, Director

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