Eco Oro Minerals (Eco Oro Minerals) Accounts Payable & Accrued Expense : $0.91 Mil (As of Dec. 2023)

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What is Eco Oro Minerals Accounts Payable & Accrued Expense?

Eco Oro Minerals's quarterly accounts payable & accrued expense declined from Jun. 2023 ($2.64 Mil) to Sep. 2023 ($1.68 Mil) and declined from Sep. 2023 ($1.68 Mil) to Dec. 2023 ($0.91 Mil).

Eco Oro Minerals's annual accounts payable & accrued expense increased from Dec. 2021 ($1.58 Mil) to Dec. 2022 ($2.53 Mil) but then declined from Dec. 2022 ($2.53 Mil) to Dec. 2023 ($0.91 Mil).

Eco Oro Minerals Accounts Payable & Accrued Expense Historical Data

The historical data trend for Eco Oro Minerals'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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Eco Oro Minerals Accounts Payable & Accrued Expense Chart

Eco Oro Minerals Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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5.09

2.23

1.58

2.53

0.91

Eco Oro Minerals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.53	2.40	2.64	1.68	0.91

Eco Oro Minerals 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.

Eco Oro Minerals (Eco Oro Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Eco Oro Minerals Corp (OTCPK:GYSLF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

GQQ:Germany EOM:Canada

Address

1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9

Website

http://www.eco-oro.com

Eco Oro Minerals Corp is a Canadian mining and exploration company. Its principal business activities include the acquisition, exploration, and development of mineral assets. The company focuses on the development of the Angostura Project in Northeastern Colombia which consists of the Angostura deposit. It has one reportable segment, being the evaluation and exploration of mineral exploration properties in one geographic region: Colombia.

Eco Oro Minerals (Eco Oro Minerals) Headlines

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