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Kobo Resources (TSXV:KRI) Accounts Payable & Accrued Expense : C$0.74 Mil (As of Sep. 2023)


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What is Kobo Resources Accounts Payable & Accrued Expense?

Kobo Resources's quarterly accounts payable & accrued expense declined from Mar. 2023 (C$1.32 Mil) to Jun. 2023 (C$0.77 Mil) and declined from Jun. 2023 (C$0.77 Mil) to Sep. 2023 (C$0.74 Mil).

Kobo Resources's annual accounts payable & accrued expense increased from Dec. 2020 (C$0.28 Mil) to Dec. 2021 (C$0.62 Mil) and increased from Dec. 2021 (C$0.62 Mil) to Dec. 2022 (C$0.98 Mil).

Kobo Resources Accounts Payable & Accrued Expense Historical Data

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

Kobo Resources Annual Data
Trend Dec20 Dec21 Dec22
Accounts Payable & Accrued Expense
0.28 0.62 0.98

Kobo Resources Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only - 0.98 1.32 0.77 0.74

Kobo 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.

Kobo Resources (TSXV:KRI) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kobo Resources Inc (TSXV:KRI) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
388 Grande-Allee East, Suite 101, Quebec, QC, CAN, G1R 2J4
Website
https://www.koboresources.com
Kobo Resources Inc is an exploration and mining development company focused on acquiring, exploring and developing gold property assets located in West Africa and primarily in Cote d'Ivoire.
Executives
Patrick Gagnon Director

Kobo Resources (TSXV:KRI) Headlines

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