Newmac Resources (TSXV:NER.H) Accounts Payable & Accrued Expense : C$1.13 Mil (As of Dec. 2024)

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What is Newmac Resources Accounts Payable & Accrued Expense?

Newmac Resources's quarterly accounts payable & accrued expense increased from Jun. 2024 (C$1.09 Mil) to Sep. 2024 (C$1.12 Mil) and increased from Sep. 2024 (C$1.12 Mil) to Dec. 2024 (C$1.13 Mil).

Newmac Resources's annual accounts payable & accrued expense increased from Sep. 2022 (C$0.77 Mil) to Sep. 2023 (C$0.94 Mil) and increased from Sep. 2023 (C$0.94 Mil) to Sep. 2024 (C$1.12 Mil).

Newmac Resources Accounts Payable & Accrued Expense Historical Data

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

Newmac Resources Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Accounts Payable & Accrued Expense

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0.64

0.74

0.77

0.94

1.12

Newmac Resources Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.09	1.08	1.09	1.12	1.13

Newmac 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.

Newmac Resources Business Description

Industry

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

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Traded in Other Exchanges

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Address

601 North Road, Suite 203, Coquitlam, BC, CAN, V3J 1P1

Website

https://www.newmacresources.com

Newmac Resources Inc is a junior exploration company based in Canada. It is involved in the acquisition, exploration, and evaluation of mineral properties located in British Columbia, Canada. The company holds an interest in Crazy Fox Property located in British Columbia. The company's geographic segments are Canada.

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