Laurion Mineral Exploration (TSXV:LME) Accounts Payable & Accrued Expense : C$0.17 Mil (As of Dec. 2023)

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What is Laurion Mineral Exploration Accounts Payable & Accrued Expense?

Laurion Mineral Exploration's quarterly accounts payable & accrued expense declined from Jun. 2023 (C$0.23 Mil) to Sep. 2023 (C$0.21 Mil) and declined from Sep. 2023 (C$0.21 Mil) to Dec. 2023 (C$0.17 Mil).

Laurion Mineral Exploration's annual accounts payable & accrued expense declined from Dec. 2021 (C$0.18 Mil) to Dec. 2022 (C$0.11 Mil) but then increased from Dec. 2022 (C$0.11 Mil) to Dec. 2023 (C$0.17 Mil).

Laurion Mineral Exploration Accounts Payable & Accrued Expense Historical Data

The historical data trend for Laurion Mineral Exploration'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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Laurion Mineral Exploration Accounts Payable & Accrued Expense Chart

Laurion Mineral Exploration Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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0.19

0.27

0.18

0.11

0.17

Laurion Mineral Exploration 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															0.11	0.20	0.23	0.21	0.17

Laurion Mineral Exploration 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.

Laurion Mineral Exploration (TSXV:LME) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Laurion Mineral Exploration Inc (TSXV:LME) » Definitions » Accounts Payable & Accrued Expense

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LMEFF:USA

Address

40 King Street West, Suite 5800, Scotia Plaza, Toronto, ON, CAN, M5H 3S1

Website

http://www.laurion.ca

Laurion Mineral Exploration Inc is a Canadian based exploration company. It is engaged in the acquisition, exploration and development of mineral resource properties. The company has key interests in prospective mining properties of the Ishkoday gold project and the Midlothian and Doon property.

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