Advanced Gold Exploration (XCNQ:AUEX) Accounts Payable & Accrued Expense : C$0.50 Mil (As of Dec. 2023)

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What is Advanced Gold Exploration Accounts Payable & Accrued Expense?

Advanced Gold Exploration's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$0.63 Mil) to Sep. 2023 (C$0.80 Mil) but then declined from Sep. 2023 (C$0.80 Mil) to Dec. 2023 (C$0.50 Mil).

Advanced Gold Exploration's annual accounts payable & accrued expense increased from Dec. 2021 (C$0.09 Mil) to Dec. 2022 (C$0.47 Mil) and increased from Dec. 2022 (C$0.47 Mil) to Dec. 2023 (C$0.50 Mil).

Advanced Gold Exploration Accounts Payable & Accrued Expense Historical Data

The historical data trend for Advanced Gold Exploration'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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Advanced Gold Exploration Accounts Payable & Accrued Expense Chart

Advanced Gold Exploration Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.09

0.47

0.50

Advanced Gold Exploration Quarterly Data
	Jun20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									0.47	0.59	0.63	0.80	0.50

Advanced Gold Exploration 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.

Advanced Gold Exploration (XCNQ:AUEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Advanced Gold Exploration Inc (XCNQ:AUEX) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

AUHIF:USA 4TG:Germany

Address

372 Bay Street, Suite 301, Toronto, ON, CAN, M5H 2W9

Website

https://www.advanceunited.ca

Advanced Gold Exploration Inc Formerly Advance United Holdings Inc is a junior mining company. It is identifying and acquiring undervalued gold-bearing properties. Its projects include Paint Lake Road Project and Buck Lake Property. It has one business segment and operates in the mineral exploration business in Canada.

Executives

James Atkinson

Director, Senior Officer

Advanced Gold Exploration (XCNQ:AUEX) Headlines

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