Excelsior Mining (TSX:MIN) Accounts Payable & Accrued Expense : C$3.01 Mil (As of Mar. 2024)

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What is Excelsior Mining Accounts Payable & Accrued Expense?

Excelsior Mining's quarterly accounts payable & accrued expense increased from Sep. 2023 (C$2.04 Mil) to Dec. 2023 (C$2.12 Mil) and increased from Dec. 2023 (C$2.12 Mil) to Mar. 2024 (C$3.01 Mil).

Excelsior Mining's annual accounts payable & accrued expense declined from Dec. 2021 (C$1.82 Mil) to Dec. 2022 (C$1.59 Mil) but then increased from Dec. 2022 (C$1.59 Mil) to Dec. 2023 (C$2.12 Mil).

Excelsior Mining Accounts Payable & Accrued Expense Historical Data

The historical data trend for Excelsior Mining'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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Excelsior Mining Accounts Payable & Accrued Expense Chart

Excelsior Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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5.68

2.75

1.82

1.59

2.12

Excelsior Mining 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															1.94	1.63	2.04	2.12	3.01

Excelsior Mining 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.

Excelsior Mining (TSX:MIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Excelsior Mining Corp (TSX:MIN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

EXMGF:USA 3XS:Germany

Address

2999 North 44th Street, Suite 300, Concord Place, Phoenix, AZ, USA, 85018

Website

https://www.excelsiormining.com

Excelsior Mining Corp is a Canada-based company which is engaged in exploration and development of copper. The firm's primary project is Gunnison Project and it operates through segments acquisition, exploration, and evaluation of mineral properties in North America. The Company's revenue majorly consists of the sales of copper cathode. It operates in one reportable operating segment in North America. The Company's property, plant and equipment is all in the United States.

Executives

Sheila Margaret Paine

Senior Officer