Omineca Mining and Metals (TSXV:OMM) Accounts Payable & Accrued Expense : C$0.80 Mil (As of Dec. 2023)

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What is Omineca Mining and Metals Accounts Payable & Accrued Expense?

Omineca Mining and Metals's quarterly accounts payable & accrued expense declined from Mar. 2023 (C$0.80 Mil) to Sep. 2023 (C$0.54 Mil) but then increased from Sep. 2023 (C$0.54 Mil) to Dec. 2023 (C$0.80 Mil).

Omineca Mining and Metals's annual accounts payable & accrued expense increased from Dec. 2021 (C$0.56 Mil) to Dec. 2022 (C$1.08 Mil) but then declined from Dec. 2022 (C$1.08 Mil) to Dec. 2023 (C$0.80 Mil).

Omineca Mining and Metals Accounts Payable & Accrued Expense Historical Data

The historical data trend for Omineca Mining and 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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Omineca Mining and Metals Accounts Payable & Accrued Expense Chart

Omineca Mining and Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.48

0.63

0.56

1.08

0.80

Omineca Mining and 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															0.96	1.08	0.80	0.54	0.80

Omineca Mining and 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.

Omineca Mining and Metals (TSXV:OMM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Omineca Mining and Metals Ltd (TSXV:OMM) » Definitions » Accounts Payable & Accrued Expense

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OMMSF:USA

Address

224-4th Avenue South, Suite 602, Saskatoon, SK, CAN, S7K 5M5

Website

https://www.ominecaminingandmetals.com

Omineca Mining and Metals Ltd is a junior gold company. Principally, it is engaged in the acquisition, exploration, and development of mineral properties. Its exploration and evaluation properties are classified into two geographical locations, namely British Columbia and the Yukon. The company's properties include the Fraser Canyon, Mouse Mountain, Wingdam and others.

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