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Defense Metals (TSXV:DEFN) Accounts Payable & Accrued Expense : C$1.35 Mil (As of Dec. 2023)


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What is Defense Metals Accounts Payable & Accrued Expense?

Defense Metals's quarterly accounts payable & accrued expense increased from Mar. 2023 (C$0.28 Mil) to Sep. 2023 (C$0.74 Mil) and increased from Sep. 2023 (C$0.74 Mil) to Dec. 2023 (C$1.35 Mil).

Defense Metals's annual accounts payable & accrued expense increased from Mar. 2021 (C$0.10 Mil) to Mar. 2022 (C$0.67 Mil) but then declined from Mar. 2022 (C$0.67 Mil) to Mar. 2023 (C$0.28 Mil).


Defense Metals Accounts Payable & Accrued Expense Historical Data

The historical data trend for Defense Metals'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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Defense Metals Accounts Payable & Accrued Expense Chart

Defense Metals Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 0.06 0.19 0.10 0.67 0.28

Defense Metals Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.37 0.28 0.74 1.35

Defense Metals 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.


Defense Metals (TSXV:DEFN) Business Description

Traded in Other Exchanges
Address
228 - 1122 Mainland Street, Suite 605, Vancouver, BC, CAN, V6B 5L1
Defense Metals Corp is a mineral exploration company focused on metals and elements commonly used in the EV market, military, national security, and "GREEN" energy technologies, such as high-strength alloys and rare earth magnets. It holds a portfolio of 100% of the 1,708 hectares of Rare Earth Wicheeda Property in British Columbia, Canada. The mineral deposits are commonly used in the electric power market, defence industry, national security sector, and in the production of green energy technologies.
Executives
Craig Taylor Director

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