Northern Minerals and Exploration (Northern Minerals and Exploration) Accounts Payable & Accrued Expense : $0.10 Mil (As of Jan. 2024)

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What is Northern Minerals and Exploration Accounts Payable & Accrued Expense?

Northern Minerals and Exploration's quarterly accounts payable & accrued expense increased from Jul. 2023 ($0.10 Mil) to Oct. 2023 ($0.12 Mil) but then declined from Oct. 2023 ($0.12 Mil) to Jan. 2024 ($0.10 Mil).

Northern Minerals and Exploration's annual accounts payable & accrued expense declined from Jul. 2021 ($0.44 Mil) to Jul. 2022 ($0.38 Mil) and declined from Jul. 2022 ($0.38 Mil) to Jul. 2023 ($0.10 Mil).

Northern Minerals and Exploration Accounts Payable & Accrued Expense Historical Data

The historical data trend for Northern Minerals and Exploration'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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Northern Minerals and Exploration Accounts Payable & Accrued Expense Chart

Northern Minerals and Exploration Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Accounts Payable & Accrued Expense

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0.75

0.56

0.44

0.38

0.10

Northern Minerals and Exploration Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.41	0.40	0.10	0.12	0.10

Northern Minerals and Exploration 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.

Northern Minerals and Exploration (Northern Minerals and Exploration) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Northern Minerals and Exploration Ltd (OTCPK:NMEX) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

881 West State Road, Pleasant Grove, UT, USA, 84062

Website

http://www.northernmineralsexploration.com

Northern Minerals and Exploration Ltd is an emerging natural resource company operating in oil and gas production in central Texas and exploration for gold and silver in northern Nevada.