Li3 Lithium (TSXV:LILI) Accounts Payable & Accrued Expense : C$0.11 Mil (As of Nov. 2023)

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What is Li3 Lithium Accounts Payable & Accrued Expense?

Li3 Lithium's quarterly accounts payable & accrued expense increased from May. 2023 (C$0.07 Mil) to Aug. 2023 (C$0.11 Mil) and increased from Aug. 2023 (C$0.11 Mil) to Nov. 2023 (C$0.11 Mil).

Li3 Lithium's annual accounts payable & accrued expense declined from Nov. 2021 (C$0.16 Mil) to Nov. 2022 (C$0.04 Mil) but then increased from Nov. 2022 (C$0.04 Mil) to Nov. 2023 (C$0.11 Mil).

Li3 Lithium Accounts Payable & Accrued Expense Historical Data

The historical data trend for Li3 Lithium'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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Li3 Lithium Accounts Payable & Accrued Expense Chart

Li3 Lithium Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Accounts Payable & Accrued Expense

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0.05

0.03

0.16

0.04

0.11

Li3 Lithium Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.04	0.07	0.07	0.11	0.11

Li3 Lithium 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.

Li3 Lithium (TSXV:LILI) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Li3 Lithium Corp (TSXV:LILI) » Definitions » Accounts Payable & Accrued Expense

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WTCRF:USA WD9:Germany

Address

217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2

Website

https://www.lithium3.com

Li3 Lithium Corp is focused on acquiring and developing hard rock spodumene lithium assets in Zimbabwe and Argentina. It focuses on HardRock Lithium and Mutare Lithium projects.

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