Irving Resources (XCNQ:IRV) Accounts Payable & Accrued Expense : C$0.34 Mil (As of Nov. 2023)

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What is Irving Resources Accounts Payable & Accrued Expense?

Irving Resources's quarterly accounts payable & accrued expense increased from May. 2023 (C$0.25 Mil) to Aug. 2023 (C$0.25 Mil) and increased from Aug. 2023 (C$0.25 Mil) to Nov. 2023 (C$0.34 Mil).

Irving Resources's annual accounts payable & accrued expense declined from Feb. 2021 (C$0.78 Mil) to Feb. 2022 (C$0.74 Mil) and declined from Feb. 2022 (C$0.74 Mil) to Feb. 2023 (C$0.37 Mil).

Irving Resources Accounts Payable & Accrued Expense Historical Data

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

Irving Resources Annual Data

Trend

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Accounts Payable & Accrued Expense

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0.25

1.29

0.78

0.74

0.37

Irving Resources Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.23	0.37	0.25	0.25	0.34

Irving 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.

Irving Resources (XCNQ:IRV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Irving Resources Inc (XCNQ:IRV) » Definitions » Accounts Payable & Accrued Expense

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IRVRF:USA

Address

999 Canada Place, Suite 404, Vancouver, BC, CAN, V6C 3E2

Website

https://www.irvresources.com

Irving Resources Inc is a Canadian-based mineral exploration company with precious metal projects in Japan and joint venture interests with Japan Oil, Gas and Metals National Corporation (JOGMEC) in a rare earth element project in Africa and Canada. Its projects include Omu Project, Yamagano Project and Others.

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