TMC The Metals Co (TMC The Metals Co) Accounts Payable & Accrued Expense : $31.33 Mil (As of Dec. 2023)

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What is TMC The Metals Co Accounts Payable & Accrued Expense?

TMC The Metals Co's quarterly accounts payable & accrued expense increased from Jun. 2023 ($18.11 Mil) to Sep. 2023 ($19.34 Mil) and increased from Sep. 2023 ($19.34 Mil) to Dec. 2023 ($31.33 Mil).

TMC The Metals Co's annual accounts payable & accrued expense increased from Dec. 2021 ($26.57 Mil) to Dec. 2022 ($41.61 Mil) but then declined from Dec. 2022 ($41.61 Mil) to Dec. 2023 ($31.33 Mil).

TMC The Metals Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for TMC The Metals Co'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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TMC The Metals Co Accounts Payable & Accrued Expense Chart

TMC The Metals Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

4.32

26.57

41.61

31.33

TMC The Metals Co Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									41.61	17.54	18.11	19.34	31.33

TMC The Metals Co 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.

TMC The Metals Co (TMC The Metals Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » TMC The Metals Co Inc (NAS:TMCWW) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

TMC:USA

Address

595 Howe Street, 10th Floor, Vancouver, BC, CAN, V6C 2T5

Website

https://www.metals.co

TMC The Metals Co Inc is a deep-sea minerals exploration company focused on the collection, processing and refining of polymetallic nodules found on the seafloor in international waters of the Clarion Clipperton Zone. Geographically, the company has its presence in Nauru, Singapore, Tonga and North America.