Nine Mile Metals (XCNQ:NINE) Accounts Payable & Accrued Expense : C$0.32 Mil (As of Dec. 2023)

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What is Nine Mile Metals Accounts Payable & Accrued Expense?

Nine Mile Metals's quarterly accounts payable & accrued expense declined from Mar. 2023 (C$0.38 Mil) to Sep. 2023 (C$0.17 Mil) but then increased from Sep. 2023 (C$0.17 Mil) to Dec. 2023 (C$0.32 Mil).

Nine Mile Metals's annual accounts payable & accrued expense declined from Sep. 2021 (C$0.03 Mil) to Sep. 2022 (C$0.02 Mil) but then increased from Sep. 2022 (C$0.02 Mil) to Sep. 2023 (C$0.17 Mil).

Nine Mile Metals Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nine Mile 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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Nine Mile Metals Accounts Payable & Accrued Expense Chart

Nine Mile Metals Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

0.01

0.03

0.02

0.17

Nine Mile 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															0.02	0.19	0.38	0.17	0.32

Nine Mile 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.

Nine Mile Metals (XCNQ:NINE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nine Mile Metals Ltd (XCNQ:NINE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

VMSXF:USA

Address

350 - 1650 West 2nd Avenue, Vancouver, BC, CAN, V6J 1H4

Website

https://www.ninemilemetals.com

Nine Mile Metals Ltd is a gold exploration company focused on acquiring mineral properties. The principal business of the Company is to acquire, explore, and develop mineral properties and ultimately seek earnings by exploiting mineral claims. The company holds an interest in the Millennium Gold Property, Nine-mile brook, California lake, and Canoe lake. It conducts exploration activities in the United States.