Volatus Capital (XCNQ:VC) Accounts Payable & Accrued Expense : C$1.11 Mil (As of Oct. 2023)

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What is Volatus Capital Accounts Payable & Accrued Expense?

Volatus Capital's quarterly accounts payable & accrued expense increased from Apr. 2023 (C$1.01 Mil) to Jul. 2023 (C$1.04 Mil) and increased from Jul. 2023 (C$1.04 Mil) to Oct. 2023 (C$1.11 Mil).

Volatus Capital's annual accounts payable & accrued expense increased from Jan. 2021 (C$0.73 Mil) to Jan. 2022 (C$0.97 Mil) but then declined from Jan. 2022 (C$0.97 Mil) to Jan. 2023 (C$0.92 Mil).

Volatus Capital Accounts Payable & Accrued Expense Historical Data

The historical data trend for Volatus Capital'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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Volatus Capital Accounts Payable & Accrued Expense Chart

Volatus Capital Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Accounts Payable & Accrued Expense

0.02

0.06

0.73

0.97

0.92

Volatus Capital 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															0.73	0.92	1.01	1.04	1.11

Volatus Capital 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.

Volatus Capital (XCNQ:VC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Volatus Capital Corp (XCNQ:VC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

VOY0:Germany

Address

733 Seymour Street, Suite 2900, PO Box 1, Vancouver Centre II, Vancouver, BC, CAN, V6B 0S6

Website

https://volatuscapitalcorp.com

Volatus Capital Corp is engaged in the business of acquiring and exploring mineral resource properties in Canada. The company holds an interest in the Sunset Copper Star Project and the Split Dome Copper Project. The Company has two operating segments: the exploration and evaluation assets in Canada and its investment in Leigh Creek Magnesite Proprietary Limited.

Executives

Martin Alexander Wurm

10% Security Holder