Tocvan Ventures (XCNQ:TOC) Accounts Payable & Accrued Expense : C$0.95 Mil (As of Feb. 2024)

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What is Tocvan Ventures Accounts Payable & Accrued Expense?

Tocvan Ventures's quarterly accounts payable & accrued expense declined from Aug. 2023 (C$1.66 Mil) to Nov. 2023 (C$1.49 Mil) and declined from Nov. 2023 (C$1.49 Mil) to Feb. 2024 (C$0.95 Mil).

Tocvan Ventures's annual accounts payable & accrued expense increased from Aug. 2021 (C$0.08 Mil) to Aug. 2022 (C$2.13 Mil) but then declined from Aug. 2022 (C$2.13 Mil) to Aug. 2023 (C$1.66 Mil).

Tocvan Ventures Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tocvan Ventures'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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Tocvan Ventures Accounts Payable & Accrued Expense Chart

Tocvan Ventures Annual Data

Trend

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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0.04

0.10

0.08

2.13

1.66

Tocvan Ventures Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.66	2.11	1.66	1.49	0.95

Tocvan Ventures 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.

Tocvan Ventures (XCNQ:TOC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tocvan Ventures Corp (XCNQ:TOC) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

TCVNF:USA TV3:Germany

Address

1130 West Pender Street, Suite 820, Vancouver, BC, CAN, V6E 4A4

Website

https://www.tocvan.com

Tocvan Ventures Corp is engaged in the evaluation, acquisition, and exploration of mineral resource properties. The firm's projects includes, El Picacho and Pilar Gold Project.

Executives

Brodie Alan Sutherland

Director

Tocvan Ventures (XCNQ:TOC) Headlines

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