China Gold International Resources (TSX:CGG) Accounts Payable & Accrued Expense : C$218.6 Mil (As of Mar. 2024)

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What is China Gold International Resources Accounts Payable & Accrued Expense?

China Gold International Resources's quarterly accounts payable & accrued expense declined from Sep. 2023 (C$237.7 Mil) to Dec. 2023 (C$216.4 Mil) but then increased from Dec. 2023 (C$216.4 Mil) to Mar. 2024 (C$218.6 Mil).

China Gold International Resources's annual accounts payable & accrued expense increased from Dec. 2021 (C$301.1 Mil) to Dec. 2022 (C$315.6 Mil) but then declined from Dec. 2022 (C$315.6 Mil) to Dec. 2023 (C$216.4 Mil).

China Gold International Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Gold International Resources'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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China Gold International Resources Accounts Payable & Accrued Expense Chart

China Gold International Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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408.57

383.63

301.15

315.58

216.39

China Gold International Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															513.42	255.05	237.69	216.39	218.57

China Gold International Resources 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.

China Gold International Resources (TSX:CGG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Gold International Resources Corp Ltd (TSX:CGG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

JINFF:USA 02099:Hong Kong JI3:Germany

Address

505 Burrard Street, Suite 660, One Bentall Centre, Vancouver, BC, CAN, V7X 1M4

Website

https://www.chinagoldintl.com

China Gold International Resources Corp Ltd is a company engaged in the acquisition, exploration, development, and mining of mineral reserves in China. The company primarily operates two mines in China: the CSH Mine which produces gold, and the Jiama Mine which produces gold and copper. While the majority of the company's revenue is derived from gold mining, a significant portion of sales still result from copper production. China National Gold Corporation, a state-owned company registered in Beijing, is a substantial shareholder of China Gold International Resources. The vast majority of the company's gold output is sold to China National Gold Corporation and its subsidiaries.

Executives

China National Gold Group Hong Kong Limited

10% Security Holder

China Gold International Resources (TSX:CGG) Headlines

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