Generation Mining (TSX:GENM) Accounts Payable & Accrued Expense : C$1.48 Mil (As of Mar. 2024)

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What is Generation Mining Accounts Payable & Accrued Expense?

Generation Mining's quarterly accounts payable & accrued expense declined from Sep. 2023 (C$3.84 Mil) to Dec. 2023 (C$1.95 Mil) and declined from Dec. 2023 (C$1.95 Mil) to Mar. 2024 (C$1.48 Mil).

Generation Mining's annual accounts payable & accrued expense increased from Dec. 2021 (C$2.31 Mil) to Dec. 2022 (C$5.03 Mil) but then declined from Dec. 2022 (C$5.03 Mil) to Dec. 2023 (C$1.95 Mil).

Generation Mining Accounts Payable & Accrued Expense Historical Data

The historical data trend for Generation Mining'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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Generation Mining Accounts Payable & Accrued Expense Chart

Generation Mining Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.29

1.74

2.31

5.03

1.95

Generation Mining 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															4.23	4.08	3.84	1.95	1.48

Generation Mining 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.

Generation Mining (TSX:GENM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Generation Mining Ltd (TSX:GENM) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

GENMF:USA 9GN:Germany

Address

100 King Street West, Suite 7010, Toronto, ON, CAN, M5X 1B1

Website

https://www.genmining.com

Gen Mining's focus is the development of its 100%-owned Marathon Project, a large undeveloped palladium-copper deposit in Northwestern Ontario. The Marathon property covers a land package of approximately 22,000 hectares, or 220 square kilometres. The mine would produce an estimated 245,000 palladium equivalent ounces per year over 13-year mine life.

Executives

Jamie Levy

Director