Lithium Ionic (TSXV:LTH) Accounts Payable & Accrued Expense : C$4.67 Mil (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Lithium Ionic Accounts Payable & Accrued Expense?

Lithium Ionic's quarterly accounts payable & accrued expense declined from Sep. 2023 (C$5.91 Mil) to Dec. 2023 (C$4.53 Mil) but then increased from Dec. 2023 (C$4.53 Mil) to Mar. 2024 (C$4.67 Mil).

Lithium Ionic's annual accounts payable & accrued expense increased from Dec. 2021 (C$0.95 Mil) to Dec. 2022 (C$2.01 Mil) and increased from Dec. 2022 (C$2.01 Mil) to Dec. 2023 (C$4.53 Mil).

Lithium Ionic Accounts Payable & Accrued Expense Historical Data

The historical data trend for Lithium Ionic'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.

* Premium members only.

Lithium Ionic Accounts Payable & Accrued Expense Chart

Lithium Ionic Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.95

2.01

4.53

Lithium Ionic Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								5.19	6.51	5.91	4.53	4.67

Lithium Ionic 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.

Lithium Ionic (TSXV:LTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Ionic Corp (TSXV:LTH) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

LTHCF:USA

Address

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

Website

https://www.lithiumionic.com

Lithium Ionic Corp is a Canadian junior exploration company focused on developing commercial-grade lithium. It owns a 100% ownership interest in the Itinga lithium project. It operates a single operating segment, which is mineral exploration and evaluation in Brazil.