E-Tech Resources (TSXV:REE) Accounts Payable & Accrued Expense : C$0.44 Mil (As of Dec. 2023)

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What is E-Tech Resources Accounts Payable & Accrued Expense?

E-Tech Resources's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$0.34 Mil) to Sep. 2023 (C$0.44 Mil) but then declined from Sep. 2023 (C$0.44 Mil) to Dec. 2023 (C$0.44 Mil).

E-Tech Resources's annual accounts payable & accrued expense increased from Apr. 2021 (C$0.09 Mil) to Mar. 2022 (C$0.40 Mil) but then declined from Mar. 2022 (C$0.40 Mil) to Mar. 2023 (C$0.37 Mil).

E-Tech Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for E-Tech 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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E-Tech Resources Accounts Payable & Accrued Expense Chart

E-Tech Resources Annual Data

Trend

Apr18

Apr19

Apr20

Apr21

Mar22

Mar23

Accounts Payable & Accrued Expense

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0.02

0.01

0.09

0.40

0.37

E-Tech Resources Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.27	0.37	0.34	0.44	0.44

E-Tech 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.