Canada Nickel Co (TSXV:CNC) Accounts Payable & Accrued Expense : C$8.83 Mil (As of Jan. 2024)

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What is Canada Nickel Co Accounts Payable & Accrued Expense?

Canada Nickel Co's quarterly accounts payable & accrued expense declined from Jul. 2023 (C$4.86 Mil) to Oct. 2023 (C$4.51 Mil) but then increased from Oct. 2023 (C$4.51 Mil) to Jan. 2024 (C$8.83 Mil).

Canada Nickel Co's annual accounts payable & accrued expense increased from Oct. 2021 (C$6.99 Mil) to Oct. 2022 (C$10.93 Mil) but then declined from Oct. 2022 (C$10.93 Mil) to Oct. 2023 (C$4.51 Mil).

Canada Nickel Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Canada Nickel 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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Canada Nickel Co Accounts Payable & Accrued Expense Chart

Canada Nickel Co Annual Data

Trend

Oct20

Oct21

Oct22

Oct23

Accounts Payable & Accrued Expense

1.48

6.99

10.93

4.51

Canada Nickel Co Quarterly Data
	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												7.98	4.80	4.86	4.51	8.83

Canada Nickel 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.

Canada Nickel Co (TSXV:CNC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canada Nickel Co Inc (TSXV:CNC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CNIKF:USA 4E0:Germany

Address

130 King Street West, Suite 1900, Toronto, ON, CAN, M5X1E3

Website

https://www.canadanickel.com

Canada Nickel Co Inc is advancing the next generation of nickel-cobalt sulphide projects to deliver nickel and cobalt required to feed the high growth electric vehicle and stainless steel markets. The company has applied in multiple jurisdictions to trademark the terms NetZero Nickel, NetZero Cobalt, NetZero Iron and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel and cobalt in low political risk jurisdictions. The firm is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific - mining camp.

Executives