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Vortex Metals (TSXV:VMS) Accounts Payable & Accrued Expense : C$2.30 Mil (As of Sep. 2024)


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What is Vortex Metals Accounts Payable & Accrued Expense?

Vortex Metals's quarterly accounts payable & accrued expense increased from Mar. 2024 (C$2.13 Mil) to Jun. 2024 (C$2.24 Mil) and increased from Jun. 2024 (C$2.24 Mil) to Sep. 2024 (C$2.30 Mil).

Vortex Metals's annual accounts payable & accrued expense increased from Dec. 2021 (C$0.24 Mil) to Dec. 2022 (C$1.33 Mil) and increased from Dec. 2022 (C$1.33 Mil) to Dec. 2023 (C$2.08 Mil).


Vortex Metals Accounts Payable & Accrued Expense Historical Data

The historical data trend for Vortex Metals'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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Vortex Metals Accounts Payable & Accrued Expense Chart

Vortex Metals Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
0.13 0.18 0.24 1.33 2.08

Vortex Metals Quarterly Data
Dec19 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.56 2.08 2.13 2.24 2.30

Vortex Metals 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.


Vortex Metals Business Description

Industry
Traded in Other Exchanges
Address
120 Adelaide Street West, Suite 2500, Toronto, ON, CAN, M5H 1T1
Vortex Metals Inc is engaged in the acquisition and exploration business. The company has an interest in two drill-ready high-potential copper-gold volcanogenic massive sulfide (VMS) properties (Riqueza Marina and Zaachila) in the state of Oaxaca, and a third high-potential gold property (El Rescate) in the state of Puebla. The company has interest in Mexico Properties project.
Executives
Vikas Ranjan Senior Officer

Vortex Metals Headlines

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