Big Red Mining (XCNQ:RED) Accounts Payable & Accrued Expense : C$0.12 Mil (As of Feb. 2024)

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What is Big Red Mining Accounts Payable & Accrued Expense?

Big Red Mining's quarterly accounts payable & accrued expense increased from Aug. 2023 (C$0.07 Mil) to Nov. 2023 (C$0.11 Mil) and increased from Nov. 2023 (C$0.11 Mil) to Feb. 2024 (C$0.12 Mil).

Big Red Mining's annual accounts payable & accrued expense increased from Aug. 2021 (C$0.05 Mil) to Aug. 2022 (C$0.07 Mil) and increased from Aug. 2022 (C$0.07 Mil) to Aug. 2023 (C$0.07 Mil).

Big Red Mining Accounts Payable & Accrued Expense Historical Data

The historical data trend for Big Red Mining'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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Big Red Mining Accounts Payable & Accrued Expense Chart

Big Red Mining Annual Data

Trend

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

0.05

0.07

Big Red Mining Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							0.07	0.05	0.07	0.11	0.12

Big Red Mining 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.

Big Red Mining (XCNQ:RED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Big Red Mining Corp (XCNQ:RED) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

K8J:Germany

Address

101 - 17565 58 Avenue, Surrey, BC, CAN, V3S 4E3

Website

https://www.bigredmining.com

Big Red Mining Corp is in the business of acquiring and exploring mineral properties. It is an exploration company focused on developing its flagship copper project, the Dobie Lake Copper Property in Ontario, Canada. The management team possesses extensive experience in financing, exploration, development, and mining. The Company's mission is to conduct future drilling campaigns on the Dobie Lake copper property to maximize its minable resource potential.

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