Alpha Exploration (TSXV:ALEX) Accounts Payable & Accrued Expense : C$0.73 Mil (As of Mar. 2024)

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What is Alpha Exploration Accounts Payable & Accrued Expense?

Alpha Exploration's quarterly accounts payable & accrued expense declined from Jun. 2023 (C$0.71 Mil) to Sep. 2023 (C$0.53 Mil) but then increased from Sep. 2023 (C$0.53 Mil) to Mar. 2024 (C$0.73 Mil).

Alpha Exploration's annual accounts payable & accrued expense declined from Dec. 2020 (C$1.27 Mil) to Dec. 2021 (C$0.89 Mil) and declined from Dec. 2021 (C$0.89 Mil) to Dec. 2022 (C$0.48 Mil).

Alpha Exploration Accounts Payable & Accrued Expense Historical Data

The historical data trend for Alpha Exploration'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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Alpha Exploration Accounts Payable & Accrued Expense Chart

Alpha Exploration Annual Data

Trend

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

1.27

0.89

0.48

Alpha Exploration Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									0.48	1.07	0.71	0.53	0.73

Alpha Exploration 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.

Alpha Exploration (TSXV:ALEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alpha Exploration Ltd (TSXV:ALEX) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

J0C:Germany

Address

Wickams Cay 1, Tortola, 3rd Floor, Omar Hodge Building, P.O. Box 362, Tortola, Road Town, VGB

Website

https://alpha-exploration.com

Alpha Exploration Ltd is an exploration company focused on the discovery of gold and base metals deposits. It operates in a single project Kerkasha, which is located in Eritrea.

Executives

Berhane Soquar

Director or Senior Officer of 10% Security Holder