Carmanah Minerals (XCNQ:CARM) Accounts Payable & Accrued Expense : C$0.13 Mil (As of May. 2024)

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What is Carmanah Minerals Accounts Payable & Accrued Expense?

Carmanah Minerals's quarterly accounts payable & accrued expense declined from Nov. 2023 (C$0.06 Mil) to Feb. 2024 (C$0.05 Mil) but then increased from Feb. 2024 (C$0.05 Mil) to May. 2024 (C$0.13 Mil).

Carmanah Minerals's annual accounts payable & accrued expense declined from May. 2022 (C$0.10 Mil) to May. 2023 (C$0.05 Mil) but then increased from May. 2023 (C$0.05 Mil) to May. 2024 (C$0.13 Mil).

Carmanah Minerals Accounts Payable & Accrued Expense Historical Data

The historical data trend for Carmanah Minerals'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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Carmanah Minerals Accounts Payable & Accrued Expense Chart

Carmanah Minerals Annual Data

Trend

May21

May22

May23

May24

Accounts Payable & Accrued Expense

0.06

0.10

0.05

0.13

Carmanah Minerals Quarterly Data
	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									0.05	0.04	0.06	0.05	0.13

Carmanah Minerals 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.

Carmanah Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Carmanah Minerals Corp (XCNQ:CARM) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6

Website

https://www.carmanahcorp.ca

Carmanah Minerals Corp is in the exploration stage company. It engages in the exploration and development of mineral properties in Canada. The projects in which the company holds an interest are Walker Project (Uranium), Hare Hill Project (Pluton), and Loljuh Project.

Executives

Karim Rayani

10% Security Holder