Goldex Resources (TSXV:GDX) Accounts Payable & Accrued Expense : C$0.60 Mil (As of Sep. 2023)

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What is Goldex Resources Accounts Payable & Accrued Expense?

Goldex Resources's quarterly accounts payable & accrued expense increased from Dec. 2022 (C$0.49 Mil) to Mar. 2023 (C$0.51 Mil) and increased from Mar. 2023 (C$0.51 Mil) to Sep. 2023 (C$0.60 Mil).

Goldex Resources's annual accounts payable & accrued expense declined from Dec. 2020 (C$1.36 Mil) to Dec. 2021 (C$0.37 Mil) but then increased from Dec. 2021 (C$0.37 Mil) to Dec. 2022 (C$0.49 Mil).

Goldex Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for Goldex Resources'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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Goldex Resources Accounts Payable & Accrued Expense Chart

Goldex Resources Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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0.98

1.23

1.36

0.37

0.49

Goldex Resources Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.35	0.40	0.49	0.51	0.60

Goldex Resources 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.

Goldex Resources (TSXV:GDX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Goldex Resources Corp (TSXV:GDX) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

GDXRF:USA G6T2:Germany

Address

610 - 700 West Pender Street, Vancouver, BC, CAN, V6C 1G8

Website

http://www.goldex.ca

Goldex Resources Corp is engaged in the process of exploring mineral interests. The company is principally involved in the acquisition and exploration of gold exploration and evaluation assets. Some of its properties are El Pato, Las Minas and Silimanita and San Juan. Geographically, it operates in Canada and Guatemala.

Executives

Raymond Strafehl

Director