Alerio Gold (XCNQ:ALE) Accounts Payable & Accrued Expense : C$0.87 Mil (As of Feb. 2024)

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What is Alerio Gold Accounts Payable & Accrued Expense?

Alerio Gold's quarterly accounts payable & accrued expense increased from Aug. 2023 (C$0.84 Mil) to Nov. 2023 (C$0.86 Mil) and increased from Nov. 2023 (C$0.86 Mil) to Feb. 2024 (C$0.87 Mil).

Alerio Gold's annual accounts payable & accrued expense increased from Aug. 2021 (C$0.11 Mil) to Aug. 2022 (C$0.35 Mil) and increased from Aug. 2022 (C$0.35 Mil) to Aug. 2023 (C$0.84 Mil).

Alerio Gold Accounts Payable & Accrued Expense Historical Data

The historical data trend for Alerio 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.

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Alerio Gold Accounts Payable & Accrued Expense Chart

Alerio Gold Annual Data

Trend

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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0.06

0.02

0.11

0.35

0.84

Alerio Gold Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.35	0.33	0.84	0.86	0.87

Alerio 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.

Alerio Gold (XCNQ:ALE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alerio Gold Corp (XCNQ:ALE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

3FR0:Germany

Address

409 Granville Street, Suite 459, Vancouver, BC, CAN, V6C 1T2

Website

https://www.aleriogold.com

Alerio Gold Corp is a mineral exploration and development company engaged in acquiring, exploring, and developing natural resource properties, with a focus in Guyana, South America. The company currently has 100% interest in two gold properties located in Guyana the Tassawini Property, the Puruni gold Project, and the Harpy Property.

Executives

Chatradharee Mohan

10% Security Holder