Volta Metals (XCNQ:VLTA) Accounts Payable & Accrued Expense : C$0.18 Mil (As of Mar. 2024)

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What is Volta Metals Accounts Payable & Accrued Expense?

Volta Metals's quarterly accounts payable & accrued expense declined from Sep. 2023 (C$0.20 Mil) to Dec. 2023 (C$0.11 Mil) but then increased from Dec. 2023 (C$0.11 Mil) to Mar. 2024 (C$0.18 Mil).

Volta Metals's annual accounts payable & accrued expense increased from . 20 (C$0.00 Mil) to Dec. 2022 (C$0.02 Mil) and increased from Dec. 2022 (C$0.02 Mil) to Dec. 2023 (C$0.11 Mil).

Volta Metals Accounts Payable & Accrued Expense Historical Data

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

Volta Metals Annual Data

Trend

Dec22

Dec23

Accounts Payable & Accrued Expense

0.02

0.11

Volta Metals Quarterly Data
	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			0.16	0.15	0.20	0.11	0.18

Volta 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.

Volta Metals (XCNQ:VLTA) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

D0W:Germany

Address

390 Bay Street, Suite 700a, Toronto, ON, CAN, M5H 2Y2

Website

https://www.voltametals.ca

Volta Metals Ltd is a mineral exploration company focused on lithium, cesium and tantalum exploration in Canada, and led by a group of mining professionals. It is currently exploring a critical minerals portfolio of lithium, cesium and tantalum projects in northwestern Ontario, which is considered to be one of the more prolific emerging hard-rock lithium districts globally. The company's projects include Flacon west project, Root Project, White Lights Project, Kim Lake & Store Lake Project, Junior Lake Project, and Crescent Lake Project.

Executives

Kerem Usenmez

Senior Officer