Xcite Resources (XCNQ:XRI) Accounts Payable & Accrued Expense : C$0.20 Mil (As of Jan. 2024)

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What is Xcite Resources Accounts Payable & Accrued Expense?

Xcite Resources's quarterly accounts payable & accrued expense increased from Jul. 2023 (C$0.08 Mil) to Oct. 2023 (C$0.19 Mil) and increased from Oct. 2023 (C$0.19 Mil) to Jan. 2024 (C$0.20 Mil).

Xcite Resources's annual accounts payable & accrued expense increased from Oct. 2021 (C$0.03 Mil) to Oct. 2022 (C$0.07 Mil) and increased from Oct. 2022 (C$0.07 Mil) to Oct. 2023 (C$0.19 Mil).

Xcite Resources Accounts Payable & Accrued Expense Historical Data

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

Xcite Resources Annual Data

Trend

Oct21

Oct22

Oct23

Accounts Payable & Accrued Expense

0.03

0.07

0.19

Xcite Resources Quarterly Data
	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							0.16	0.11	0.08	0.19	0.20

Xcite 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.

Xcite Resources (XCNQ:XRI) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

1030 West Georgia Street, Suite 1910, Vancouver, BC, CAN, V6E 2Y3

Website

Xcite Resources Inc is a Canada-based mineral exploration company on its Turgeon Lake Property, located in the Province of Québec. It has one reportable segment, the exploration, and development of mineral property in the province of Quebec, Canada.

Executives

Carl Desjardins

10% Security Holder

Xcite Resources (XCNQ:XRI) Headlines

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