Gold and GemStone Mining (Gold and GemStone Mining) Accounts Payable & Accrued Expense : $0.08 Mil (As of Oct. 2014)

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What is Gold and GemStone Mining Accounts Payable & Accrued Expense?

Gold and GemStone Mining's quarterly accounts payable & accrued expense declined from Apr. 2014 ($0.08 Mil) to Jul. 2014 ($0.00 Mil) but then increased from Jul. 2014 ($0.00 Mil) to Oct. 2014 ($0.08 Mil).

Gold and GemStone Mining's annual accounts payable & accrued expense increased from Jan. 2010 ($0.01 Mil) to Jan. 2011 ($0.01 Mil) but then declined from Jan. 2011 ($0.01 Mil) to Jan. 2012 ($0.01 Mil).

Gold and GemStone Mining Accounts Payable & Accrued Expense Historical Data

The historical data trend for Gold and GemStone 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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Gold and GemStone Mining Accounts Payable & Accrued Expense Chart

Gold and GemStone Mining Annual Data

Trend

Jan10

Jan11

Jan12

Accounts Payable & Accrued Expense

0.01

Gold and GemStone Mining Quarterly Data
	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Apr14	Jul14	Oct14
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial														0.12	0.08	0.08	-	0.08

Gold and GemStone 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.

Gold and GemStone Mining (Gold and GemStone Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Gold and GemStone Mining Inc (OTCPK:GGSM) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jln. Jend. S. Parman Kav. 22-24, Grand Slipi Tower, Jakarta, IDN, 11480

Website

https://www.ggsmglobal.com

Gold and GemStone Mining Inc is an exploration stage company. It is engaged in the acquisition, exploration, and development of gold and other silver properties. The company's mining claims include British Columbia Canada, Sinaloa, Mexico for gold and rare earth elements. Its project includes Chihuahua and Gringo Viejo project in Mexico. The company is also engaged in the charter boat business in the Mentawai Islands and Beyond.