Canadian Gold (TSXV:CGC) Accounts Payable & Accrued Expense : C$0.31 Mil (As of Mar. 2024)

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What is Canadian Gold Accounts Payable & Accrued Expense?

Canadian Gold's quarterly accounts payable & accrued expense declined from Sep. 2023 (C$0.28 Mil) to Dec. 2023 (C$0.21 Mil) but then increased from Dec. 2023 (C$0.21 Mil) to Mar. 2024 (C$0.31 Mil).

Canadian Gold's annual accounts payable & accrued expense increased from Dec. 2021 (C$0.12 Mil) to Dec. 2022 (C$0.27 Mil) but then declined from Dec. 2022 (C$0.27 Mil) to Dec. 2023 (C$0.21 Mil).

Canadian Gold Accounts Payable & Accrued Expense Historical Data

The historical data trend for Canadian 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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Canadian Gold Accounts Payable & Accrued Expense Chart

Canadian Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.09

0.11

0.12

0.27

0.21

Canadian Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.27	0.26	0.28	0.21	0.31

Canadian 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.

Canadian Gold (TSXV:CGC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canadian Gold Corp (TSXV:CGC) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

STRRF:USA 8S8:Germany

Address

401 Bay Street, Suite 2702, P.O.Box 86, Toronto, ON, CAN, M5H 2Y4

Website

https://www.canadiangoldcorp.com

Canadian Gold Corp is a Toronto-based mineral exploration and development company whose objective is to expand the high-grade gold resource at the past-producing Tartan Lake Gold Mine Project, located in Flin Flon, Manitoba. In addition, the Company owns exploration properties in Ontario and Quebec surrounding some of Canada's gold mines and development projects, specifically, the Canadian Malartic Mine (QC), the Hemlo Mine (ON), and the Hammond Reef Project (ON).

Executives

Jennifer L Boyle

Director, Senior Officer