Mayfair Gold (TSXV:MFG) Accounts Payable & Accrued Expense : C$1.80 Mil (As of Mar. 2024)

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What is Mayfair Gold Accounts Payable & Accrued Expense?

Mayfair Gold's quarterly accounts payable & accrued expense increased from Sep. 2023 (C$1.11 Mil) to Dec. 2023 (C$1.27 Mil) and increased from Dec. 2023 (C$1.27 Mil) to Mar. 2024 (C$1.80 Mil).

Mayfair Gold's annual accounts payable & accrued expense increased from Dec. 2021 (C$0.76 Mil) to Dec. 2022 (C$1.95 Mil) but then declined from Dec. 2022 (C$1.95 Mil) to Dec. 2023 (C$1.27 Mil).

Mayfair Gold Accounts Payable & Accrued Expense Historical Data

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

Mayfair Gold Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.12

0.34

0.76

1.95

1.27

Mayfair Gold Quarterly Data
	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												1.80	1.24	1.11	1.27	1.80

Mayfair 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.

Mayfair Gold (TSXV:MFG) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

MFGCF:USA

Address

489 MacDougal Street, Matheson, ON, CAN, P0K 1N0

Website

https://www.mayfairgold.ca

Mayfair Gold Corp is a mineral exploration company that is engaged in the acquisition and exploration of mineral properties. It has one material mineral property, the Fenn-Gib Property, located in the Guibord, Munro, Michaud, and McCool Townships in northeast Ontario, which is in the exploration stage. The Company has one operating segment, which is defined as an exploration and development unit in Canada.

Executives