Agnico Eagle Mines (Agnico Eagle Mines) Accounts Payable & Accrued Expense : $846 Mil (As of Dec. 2023)

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What is Agnico Eagle Mines Accounts Payable & Accrued Expense?

Agnico Eagle Mines's quarterly accounts payable & accrued expense declined from Jun. 2023 ($886 Mil) to Sep. 2023 ($862 Mil) and declined from Sep. 2023 ($862 Mil) to Dec. 2023 ($846 Mil).

Agnico Eagle Mines's annual accounts payable & accrued expense increased from Dec. 2021 ($474 Mil) to Dec. 2022 ($693 Mil) and increased from Dec. 2022 ($693 Mil) to Dec. 2023 ($846 Mil).

Agnico Eagle Mines Accounts Payable & Accrued Expense Historical Data

The historical data trend for Agnico Eagle Mines'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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Agnico Eagle Mines Accounts Payable & Accrued Expense Chart

Agnico Eagle Mines Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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388.49

478.67

474.19

693.19

845.83

Agnico Eagle Mines 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															693.19	740.79	885.71	861.73	845.83

Agnico Eagle Mines 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.

Agnico Eagle Mines (Agnico Eagle Mines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Agnico Eagle Mines Ltd (NYSE:AEM) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

AEM:Mexico AE9:Germany AE9:Germany AE9:Germany AEM:Canada AEM:Argentina

Address

145 King Street East, Suite 400, Toronto, ON, CAN, M5C 2Y7

Website

https://www.agnicoeagle.com

Agnico Eagle is a gold miner with mines in Canada, Mexico, Finland, and Australia. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines online in rapid succession in the following years. It merged with Kirkland Lake Gold in 2022, acquiring the Detour Lake and Macassa mines in Canada along with the high-grade, low-cost Fosterville mine in Australia. It produced more than 3.1 million gold ounces in 2022 and had about 15 years of gold reserves at end 2022. Agnico Eagle is focused on increasing gold production in lower-risk jurisdictions and bought the remaining 50% of its Canadian Malartic mine along with the Wasamac project and other assets from Yamana Gold in 2023.