GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Golconda Gold Ltd (TSXV:GG) » Definitions » Accounts Payable & Accrued Expense

Golconda Gold (TSXV:GG) Accounts Payable & Accrued Expense : C$5.95 Mil (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Golconda Gold Accounts Payable & Accrued Expense?

Golconda Gold's quarterly accounts payable & accrued expense declined from Jun. 2023 (C$5.65 Mil) to Sep. 2023 (C$5.10 Mil) but then increased from Sep. 2023 (C$5.10 Mil) to Dec. 2023 (C$5.95 Mil).

Golconda Gold's annual accounts payable & accrued expense increased from Dec. 2021 (C$3.24 Mil) to Dec. 2022 (C$5.26 Mil) and increased from Dec. 2022 (C$5.26 Mil) to Dec. 2023 (C$5.95 Mil).


Golconda Gold Accounts Payable & Accrued Expense Historical Data

The historical data trend for Golconda Gold'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.

* Premium members only.

Golconda Gold Accounts Payable & Accrued Expense Chart

Golconda Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.31 11.92 3.24 5.26 5.95

Golconda Gold 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.26 5.37 5.65 5.10 5.95

Golconda Gold 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.


Golconda Gold (TSXV:GG) Business Description

Industry
Traded in Other Exchanges
Address
181 Bay Street, Suite 1800, Toronto, ON, CAN, M5J 2T9
Golconda Gold Ltd is an un-hedged gold producer and explorer with mining operations and exploration tenements in Botswana, South Africa and New Mexico. The company's projects include Mupane in Botswana; Galaxy in South Africa; and Summit and Banner Mill in the United States of America. It has one reportable segment, being the exploration, development and operation of gold mining properties.
Executives
Ravi Sood Director