Millennial Lithium (TSXV:ML) Accounts Payable & Accrued Expense : C$0.99 Mil (As of Aug. 2021)

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What is Millennial Lithium Accounts Payable & Accrued Expense?

Millennial Lithium's quarterly accounts payable & accrued expense declined from Feb. 2021 (C$0.95 Mil) to May. 2021 (C$0.76 Mil) but then increased from May. 2021 (C$0.76 Mil) to Aug. 2021 (C$0.99 Mil).

Millennial Lithium's annual accounts payable & accrued expense declined from Feb. 2019 (C$2.65 Mil) to Feb. 2020 (C$0.69 Mil) but then increased from Feb. 2020 (C$0.69 Mil) to Feb. 2021 (C$0.95 Mil).

Millennial Lithium Accounts Payable & Accrued Expense Historical Data

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

Millennial Lithium Annual Data

Trend

Feb12

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Accounts Payable & Accrued Expense

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0.27

0.91

2.65

0.69

0.95

Millennial Lithium Quarterly Data
	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.34	0.47	0.95	0.76	0.99

Millennial 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.

Millennial Lithium (TSXV:ML) Business Description

Industry

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

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Traded in Other Exchanges

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Address

350 Bay Street, Suite 400, Toronto, ON, CAN, M5H 2S6

Website

http://www.millenniallithium.com

Millennial Lithium Corp is engaged in the business of acquisition, exploration and development of lithium mineral properties. The company's projects include the Pastos Grandes Lithium Project and Cauchari East Lithium Project. It has one operating segment, being the exploration of resource properties.