Emerita Resources (TSXV:EMO) Accounts Payable & Accrued Expense : C$0.45 Mil (As of Dec. 2023)

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What is Emerita Resources Accounts Payable & Accrued Expense?

Emerita Resources's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$1.19 Mil) to Sep. 2023 (C$1.58 Mil) but then declined from Sep. 2023 (C$1.58 Mil) to Dec. 2023 (C$0.45 Mil).

Emerita Resources's annual accounts payable & accrued expense increased from Sep. 2021 (C$1.21 Mil) to Sep. 2022 (C$1.84 Mil) but then declined from Sep. 2022 (C$1.84 Mil) to Sep. 2023 (C$1.58 Mil).

Emerita Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for Emerita Resources'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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Emerita Resources Accounts Payable & Accrued Expense Chart

Emerita Resources Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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0.83

1.23

1.21

1.84

1.58

Emerita Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.64	1.33	1.19	1.58	0.45

Emerita Resources 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.

Emerita Resources (TSXV:EMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Emerita Resources Corp (TSXV:EMO) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

EMOTF:USA LLJA:Germany

Address

36 Lombard Street, Floor 4, Toronto, ON, CAN, M5C 2X3

Website

https://www.emeritaresources.com

Emerita Resources Corp is a natural resource company engaged in the acquisition, exploration and development of mineral properties with a primary focus on exploring in Spain. The company has a 100% interest in the Iberian Belt West project which cover 1,546 hectares located in the Iberian Pyrite Belt in southern Spain as well as the Nuevo Tintillo project which covers 6,875 hectares in the eastern part of the Iberian Pyrite Belt between the deposits of Aznalcollar to the southeast and Rio Tinto to the northwest.