Azimut Exploration (TSXV:AZM) Accounts Payable & Accrued Expense : C$1.14 Mil (As of Feb. 2024)

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What is Azimut Exploration Accounts Payable & Accrued Expense?

Azimut Exploration's quarterly accounts payable & accrued expense increased from Aug. 2023 (C$1.27 Mil) to Nov. 2023 (C$2.94 Mil) but then declined from Nov. 2023 (C$2.94 Mil) to Feb. 2024 (C$1.14 Mil).

Azimut Exploration's annual accounts payable & accrued expense increased from Aug. 2021 (C$2.73 Mil) to Aug. 2022 (C$4.99 Mil) but then declined from Aug. 2022 (C$4.99 Mil) to Aug. 2023 (C$1.27 Mil).

Azimut Exploration Accounts Payable & Accrued Expense Historical Data

The historical data trend for Azimut 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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Azimut Exploration Accounts Payable & Accrued Expense Chart

Azimut Exploration Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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2.13

1.50

2.73

4.99

1.27

Azimut Exploration Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.65	1.75	1.27	2.94	1.14

Azimut 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.

Azimut Exploration (TSXV:AZM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Azimut Exploration Inc (TSXV:AZM) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

AZMTF:USA

Address

110 Rue De La Barre, Bureau 224, Longueuil, QC, CAN, J4K 1A3

Website

http://www.azimut-exploration.com

Azimut Exploration Inc is engaged in the acquisition, exploration, and evaluation of mineral properties. Its projects include Elmer property, JB lithium propety, Wabamisk property, Chromaska property and others in the James Bay region and Rex-Duquet, Nantais, Doran property and others in the Nunavik region of Quebec. It mainly explores gold, nickel, lithium, chromium and other minerals and metals.

Executives

Jonathan Rosset	Senior Officer
Christiane Bergevin	Director

Azimut Exploration (TSXV:AZM) Headlines

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