Graycliff Exploration (XCNQ:GRAY) Accounts Payable & Accrued Expense : C$0.26 Mil (As of Jun. 2024)

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What is Graycliff Exploration Accounts Payable & Accrued Expense?

Graycliff Exploration's quarterly accounts payable & accrued expense increased from Dec. 2023 (C$0.20 Mil) to Mar. 2024 (C$0.22 Mil) and increased from Mar. 2024 (C$0.22 Mil) to Jun. 2024 (C$0.26 Mil).

Graycliff Exploration's annual accounts payable & accrued expense declined from Dec. 2021 (C$0.06 Mil) to Dec. 2022 (C$0.04 Mil) but then increased from Dec. 2022 (C$0.04 Mil) to Dec. 2023 (C$0.20 Mil).

Graycliff Exploration Accounts Payable & Accrued Expense Historical Data

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

Graycliff Exploration Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.03

0.19

0.06

0.04

0.20

Graycliff Exploration Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.12	0.16	0.20	0.22	0.26

Graycliff 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.

Graycliff Exploration Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Graycliff Exploration Ltd (XCNQ:GRAY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

GRYCF:USA GE00:Germany

Address

401 Bay Street, Suite 2702, Toronto, ON, CAN, M5H 2Y4

Website

https://www.graycliffexploration.com

Graycliff Exploration Ltd is engaged in the acquisition, exploration, development and extraction of natural resources, specifically precious metals. Its property includes the Shakespeare property which is located on the prolific Canadian Shield near Sudbury, Ontario, the Baldwin Project, and the Lunge Project. The current exploration programs include drilling for high-grade gold near surface and across an identified gold bearing horizon.

Executives

James Maitland Macintosh

Director, Senior Officer

Graycliff Exploration Headlines

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