Minas Metals (XCNQ:MINA) Accounts Payable & Accrued Expense : C$0.28 Mil (As of Oct. 2023)

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What is Minas Metals Accounts Payable & Accrued Expense?

Minas Metals's quarterly accounts payable & accrued expense increased from Apr. 2023 (C$0.12 Mil) to Jul. 2023 (C$0.33 Mil) but then declined from Jul. 2023 (C$0.33 Mil) to Oct. 2023 (C$0.28 Mil).

Minas Metals's annual accounts payable & accrued expense increased from . 20 (C$0.00 Mil) to Jan. 2022 (C$0.18 Mil) but then declined from Jan. 2022 (C$0.18 Mil) to Jan. 2023 (C$0.09 Mil).

Minas Metals Accounts Payable & Accrued Expense Historical Data

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

Minas Metals Annual Data

Trend

Jan22

Jan23

Accounts Payable & Accrued Expense

0.18

0.09

Minas Metals Quarterly Data
	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						0.10	0.09	0.12	0.33	0.28

Minas 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.

Minas Metals (XCNQ:MINA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Minas Metals Ltd (XCNQ:MINA) » Definitions » Accounts Payable & Accrued Expense

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1J1:Germany

Address

1030 West Georgia Street, Suite 918, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.minasmetals.ca

Minas Metals Ltd is a Canadian junior mining exploration company exploring its flagship Cracker Creek gold project in northeastern Oregon, USA, and battery metal projects in Minas Gerais state of Brazil, a mining-friendly jurisdiction that is quickly emerging as a world-class hard-rock lithium district.

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