Mason Resources (Mason Resources) Accounts Payable & Accrued Expense : $0.06 Mil (As of Mar. 2024)

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What is Mason Resources Accounts Payable & Accrued Expense?

Mason Resources's quarterly accounts payable & accrued expense increased from Sep. 2023 ($0.13 Mil) to Dec. 2023 ($0.21 Mil) but then declined from Dec. 2023 ($0.21 Mil) to Mar. 2024 ($0.06 Mil).

Mason Resources's annual accounts payable & accrued expense declined from Jun. 2021 ($1.33 Mil) to Jun. 2022 ($0.14 Mil) but then increased from Jun. 2022 ($0.14 Mil) to Jun. 2023 ($0.23 Mil).

Mason Resources Accounts Payable & Accrued Expense Historical Data

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

Mason Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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4.41

2.22

1.33

0.14

0.23

Mason Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.12	0.23	0.13	0.21	0.06

Mason 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.

Mason Resources (Mason Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mason Resources Inc (OTCPK:MGPHF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

UD9:Germany LLG:Canada

Address

120 Adelaide Street West, Suite 1410, Toronto, ON, CAN, H7T 2P5

Website

https://www.masonresourcesinc.com

Mason Resources Inc is a Canadian company focused on identifying, evaluating, and pursuing business investment opportunities to enhance shareholder's long-term value. Its strategy is to develop vertical and horizontal integration in the mining industry, with a special focus on industrial and specialty minerals, notably battery-related materials and their by-products. Its strategy also includes the development of value-added products, notably for green technologies.