Rainy Mountain Royalty (TSXV:RMO) Accounts Payable & Accrued Expense : C$0.40 Mil (As of Jan. 2024)

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What is Rainy Mountain Royalty Accounts Payable & Accrued Expense?

Rainy Mountain Royalty's quarterly accounts payable & accrued expense increased from Jul. 2023 (C$0.36 Mil) to Oct. 2023 (C$0.39 Mil) and increased from Oct. 2023 (C$0.39 Mil) to Jan. 2024 (C$0.40 Mil).

Rainy Mountain Royalty's annual accounts payable & accrued expense increased from Apr. 2021 (C$0.24 Mil) to Apr. 2022 (C$0.31 Mil) and increased from Apr. 2022 (C$0.31 Mil) to Apr. 2023 (C$0.35 Mil).

Rainy Mountain Royalty Accounts Payable & Accrued Expense Historical Data

The historical data trend for Rainy Mountain Royalty'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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Rainy Mountain Royalty Accounts Payable & Accrued Expense Chart

Rainy Mountain Royalty Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Accounts Payable & Accrued Expense

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0.20

0.23

0.24

0.31

0.35

Rainy Mountain Royalty 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															0.30	0.35	0.36	0.39	0.40

Rainy Mountain Royalty 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.

Rainy Mountain Royalty (TSXV:RMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rainy Mountain Royalty Corp (TSXV:RMO) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

EK7N:Germany

Address

1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5

Website

http://www.rmroyalty.com

Rainy Mountain Royalty Corp is a mineral exploration project generator. The company is engaged in acquiring early-stage exploration opportunities and delivering them drill targets ready to joint venture partners. The company currently holds multiple property interests in Ontario and is primarily focused on shear-hosted gold and base metals properties with associated gold and silver credits. Its property portfolio consists of Marshall Lake and other properties.

Executives

Douglas Lawrence Mason

Director, Senior Officer