Oroco Resource (TSXV:OCO) Accounts Payable & Accrued Expense : C$2.16 Mil (As of Feb. 2024)

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What is Oroco Resource Accounts Payable & Accrued Expense?

Oroco Resource's quarterly accounts payable & accrued expense increased from Aug. 2023 (C$2.73 Mil) to Nov. 2023 (C$3.14 Mil) but then declined from Nov. 2023 (C$3.14 Mil) to Feb. 2024 (C$2.16 Mil).

Oroco Resource's annual accounts payable & accrued expense declined from May. 2020 (C$1.41 Mil) to May. 2021 (C$1.12 Mil) but then increased from May. 2021 (C$1.12 Mil) to May. 2022 (C$4.08 Mil).

Oroco Resource Accounts Payable & Accrued Expense Historical Data

The historical data trend for Oroco Resource'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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Oroco Resource Accounts Payable & Accrued Expense Chart

Oroco Resource Annual Data

Trend

May13

May14

May15

May16

May17

May18

May19

May20

May21

May22

Accounts Payable & Accrued Expense

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0.30

0.47

1.41

1.12

4.08

Oroco Resource Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3.48	-	2.73	3.14	2.16

Oroco Resource 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.

Oroco Resource (TSXV:OCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Oroco Resource Corp (TSXV:OCO) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

ORRCF:USA OR6:Germany

Address

1166 Alberni Street, Suite 1201, Vancouver, BC, CAN, V6E 3Z3

Website

https://www.orocoresourcecorp.com

Oroco Resource Corp is an exploration-stage mineral company engaged in the acquisition, exploration, and development of mineral properties in Mexico with a primary focus on its Xochipala property in Guerrero State, Mexico. Its exploration and evaluation assets consist of the Santo Tomas properties in Sinaloa State and Xochipala & Salvador properties in Guerrero State, Mexico.

Executives

Stephen Martin Leahy

Director, Senior Officer

Oroco Resource (TSXV:OCO) Headlines

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