Teras Resources (TSXV:TRA) Accounts Payable & Accrued Expense : C$0.93 Mil (As of Feb. 2023)

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What is Teras Resources Accounts Payable & Accrued Expense?

Teras Resources's quarterly accounts payable & accrued expense increased from Aug. 2022 (C$0.80 Mil) to Nov. 2022 (C$0.86 Mil) and increased from Nov. 2022 (C$0.86 Mil) to Feb. 2023 (C$0.93 Mil).

Teras Resources's annual accounts payable & accrued expense increased from May. 2020 (C$0.30 Mil) to May. 2021 (C$0.50 Mil) and increased from May. 2021 (C$0.50 Mil) to May. 2022 (C$0.80 Mil).

Teras Resources Accounts Payable & Accrued Expense Historical Data

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

Teras Resources Annual Data

Trend

May13

May14

May15

May16

May17

May18

May19

May20

May21

May22

Accounts Payable & Accrued Expense

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0.18

0.21

0.30

0.50

0.80

Teras Resources Quarterly Data
	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.85	0.80	0.80	0.86	0.93

Teras 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.

Teras Resources (TSXV:TRA) Business Description

Industry

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TRARF:USA

Address

206, 6025 - 12th Street South East, Calgary, AB, CAN, T2H 1K1

Website

https://www.teras.ca

Teras Resources Inc is a junior mining exploration & development company. The company is involved in the acquisition and exploration of mineral property interests in Montana, Nevada, and Cahuilla in California. The company explores gold, silver, and base metals. Its projects include Cahuilla Gold Project, Golden Jubilee, Corral Canyon, Gold Point, Watseca Mill and other projects. The Cahuilla Project is located in northwest Imperial County, California. The Watseca Mill Property is located in Rochester Basin, Montana, and includes a mill site and mining claims.

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