Orecap Invest (TSXV:OCI) Accounts Payable & Accrued Expense : C$1.37 Mil (As of Jan. 2024)

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What is Orecap Invest Accounts Payable & Accrued Expense?

Orecap Invest's quarterly accounts payable & accrued expense increased from Jul. 2023 (C$0.30 Mil) to Oct. 2023 (C$1.39 Mil) but then declined from Oct. 2023 (C$1.39 Mil) to Jan. 2024 (C$1.37 Mil).

Orecap Invest's annual accounts payable & accrued expense declined from Oct. 2021 (C$0.35 Mil) to Oct. 2022 (C$0.18 Mil) but then increased from Oct. 2022 (C$0.18 Mil) to Oct. 2023 (C$1.39 Mil).

Orecap Invest Accounts Payable & Accrued Expense Historical Data

The historical data trend for Orecap Invest'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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Orecap Invest Accounts Payable & Accrued Expense Chart

Orecap Invest Annual Data

Trend

Jul14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Accounts Payable & Accrued Expense

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0.43

0.47

0.35

0.18

1.39

Orecap Invest Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.25	0.23	0.30	1.39	1.37

Orecap Invest 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.

Orecap Invest (TSXV:OCI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Orecap Invest Corp (TSXV:OCI) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

ORFDF:USA

Address

55 University Avenue, Suite 1805, Toronto, ON, CAN, M5J 2H7

Website

https://www.orefinders.ca

Orecap Invest Corp, formerly Orefinders Resources Inc is a Canadian-based junior gold exploration company. It is engaged in the exploration and development of exploration and evaluation assets in Canada. The company operates in several projects including Mirado, McGarry, and Knight among others.

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