VVC Exploration (VVC Exploration) Accounts Payable & Accrued Expense : $1.28 Mil (As of Oct. 2023)

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What is VVC Exploration Accounts Payable & Accrued Expense?

VVC Exploration's quarterly accounts payable & accrued expense increased from Apr. 2023 ($1.35 Mil) to Jul. 2023 ($1.57 Mil) but then declined from Jul. 2023 ($1.57 Mil) to Oct. 2023 ($1.28 Mil).

VVC Exploration's annual accounts payable & accrued expense increased from Jan. 2021 ($0.92 Mil) to Jan. 2022 ($1.40 Mil) but then declined from Jan. 2022 ($1.40 Mil) to Jan. 2023 ($1.12 Mil).

VVC Exploration Accounts Payable & Accrued Expense Historical Data

The historical data trend for VVC Exploration'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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VVC Exploration Accounts Payable & Accrued Expense Chart

VVC Exploration Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Accounts Payable & Accrued Expense

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0.58

0.45

0.92

1.40

1.12

VVC Exploration Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.93	1.12	1.35	1.57	1.28

VVC Exploration 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.

VVC Exploration (VVC Exploration) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » VVC Exploration Corp (OTCPK:VVCVF) » Definitions » Accounts Payable & Accrued Expense

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VVC:Canada

Address

2369 Kingston Road, P.O. Box 28059, Terry Town, Scarborough, ON, CAN, M1N 4E7

Website

https://www.vvcexpl.com

VVC Exploration Corp is engaged in the exploration and development of precious and base metals mineral properties. Its portfolio includes the Gloria Copper Project in Northern Mexico, precious metals properties also in Mexico, and the Helium / Natural Gas Projects owned by its wholly-owned subsidiary, PHC. VVC is currently focused on the Helium Projects owned by PHC and will resume the development of the Gloria Copper Project. The company's mineral resource properties are located in Mexico and Canada.

VVC Exploration (VVC Exploration) Headlines

From GuruFocus

VVC Exploration – Closing of Private Placement Financing

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