Millennial Potash (TSXV:MLP) Accounts Payable & Accrued Expense : C$0.58 Mil (As of Feb. 2024)

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What is Millennial Potash Accounts Payable & Accrued Expense?

Millennial Potash's quarterly accounts payable & accrued expense declined from Aug. 2023 (C$0.43 Mil) to Nov. 2023 (C$0.31 Mil) but then increased from Nov. 2023 (C$0.31 Mil) to Feb. 2024 (C$0.58 Mil).

Millennial Potash's annual accounts payable & accrued expense increased from Aug. 2021 (C$0.10 Mil) to Aug. 2022 (C$0.14 Mil) and increased from Aug. 2022 (C$0.14 Mil) to Aug. 2023 (C$0.43 Mil).

Millennial Potash Accounts Payable & Accrued Expense Historical Data

The historical data trend for Millennial Potash'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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Millennial Potash Accounts Payable & Accrued Expense Chart

Millennial Potash Annual Data

Trend

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

0.01

0.05

0.10

0.14

0.43

Millennial Potash Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial														0.47	0.47	0.43	0.31	0.58

Millennial Potash 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.

Millennial Potash (TSXV:MLP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Millennial Potash Corp (TSXV:MLP) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MLPNF:USA X0D:Germany X0D:Germany

Address

300-1455 Bellevue Avenue, West Vancouver, Vancouver, BC, CAN, V7T 1C3

Website

https://www.millennialpotash.com

Millennial Potash Corp is a Canadian resource company focused on the exploration and development of potash deposits. The company's flagship asset is the Banio Potash Project located along the coast of Gabon, West Africa, which has the potential to have all the right characteristics to become a producer of potash.

Executives

Farhad Abasov

Director, Senior Officer