Snow Lake Resources (Snow Lake Resources) Accounts Payable & Accrued Expense : $0.83 Mil (As of Dec. 2023)

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What is Snow Lake Resources Accounts Payable & Accrued Expense?

Snow Lake Resources's quarterly accounts payable & accrued expense increased from Dec. 2022 ($0.44 Mil) to Jun. 2023 ($0.84 Mil) but then declined from Jun. 2023 ($0.84 Mil) to Dec. 2023 ($0.83 Mil).

Snow Lake Resources's annual accounts payable & accrued expense increased from Jun. 2021 ($0.41 Mil) to Jun. 2022 ($1.01 Mil) but then declined from Jun. 2022 ($1.01 Mil) to Jun. 2023 ($0.84 Mil).

Snow Lake Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for Snow Lake 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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Snow Lake Resources Accounts Payable & Accrued Expense Chart

Snow Lake Resources Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

0.11

0.10

0.41

1.01

0.84

Snow Lake Resources Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial					0.50	1.01	0.44	0.84	0.83

Snow Lake 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.

Snow Lake Resources (Snow Lake Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Snow Lake Resources Ltd (NAS:LITM) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

360 Main Street, 30th Floor, Winnipeg, MB, CAN, R3C 4G1

Website

https://www.snowlakelithium.com

Snow Lake Resources Ltd is an exploration stage mining company engaged in lithium exploration in the province of Manitoba, Canada. Its primary focus is currently conducting exploration for lithium at Thompson Brothers Lithium Project.