Nevada Gold & Casinos (Nevada Gold & Casinos) Accounts Payable & Accrued Expense : $5.56 Mil (As of Jan. 2019)

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What is Nevada Gold & Casinos Accounts Payable & Accrued Expense?

Nevada Gold & Casinos's quarterly accounts payable & accrued expense increased from Jul. 2018 ($5.17 Mil) to Oct. 2018 ($6.03 Mil) but then declined from Oct. 2018 ($6.03 Mil) to Jan. 2019 ($5.56 Mil).

Nevada Gold & Casinos's annual accounts payable & accrued expense increased from Apr. 2016 ($3.58 Mil) to Apr. 2017 ($5.58 Mil) and increased from Apr. 2017 ($5.58 Mil) to Apr. 2018 ($6.34 Mil).

Nevada Gold & Casinos Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nevada Gold & Casinos'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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Nevada Gold & Casinos Accounts Payable & Accrued Expense Chart

Nevada Gold & Casinos Annual Data

Trend

Apr09

Apr10

Apr11

Apr12

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Accounts Payable & Accrued Expense

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2.67

4.80

3.58

5.58

6.34

Nevada Gold & Casinos Quarterly Data
	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3.77	6.34	5.17	6.03	5.56

Nevada Gold & Casinos 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.

Nevada Gold & Casinos (Nevada Gold & Casinos) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Nevada Gold & Casinos Inc (AMEX:UWN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

133 East Warm Springs Road, Suite 102, Las Vegas, NV, USA, 89119

Website

http://www.nevadagold.com

Nevada Gold & Casinos Inc is a gaming company involved in financing, developing, owning and operating gaming properties and projects. It operates with Washington, South Dakota, Nevada and Corporate segments. The Washington Gold segment consists of the Washington mini-casinos. The South Dakota Gold segment includes slot route operation in South Dakota. The Nevada segment consists of club fortune casino and corporate segment includes the vacant land in Colorado and its taxes and maintenance expenses. The firm has approximately 540 slot machines, seven table games and a poker room, two bars, an entertainment lounge, a William Hill sports book, a cafe, a snack bar, and a gift shop. Nevada derives the majority of revenue from casino operation and rests from others.

Executives

Michael P Shaunnessy	officer: President/CEO	50 BRIAR HOLLOW LANE, STE 500W, HOUSTON TX 77027
James Meier	officer: CFO	4670 SOUTH FORT APACHE ROAD, SUITE 190, LAS VEGAS NV 89147
Wayne H White	director
Wynnefield Partners Small Cap Value Lp	10 percent owner	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Nelson Obus	10 percent owner
Wynnefield Capital Management Llc	10 percent owner	450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp I	10 percent owner	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Joshua Landes	10 percent owner
Wynnefield Capital, Inc. Profit Sharing Plan	10 percent owner	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Wynnefield Capital Inc	10 percent owner	450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Small Cap Value Offshore Fund Ltd	10 percent owner	450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Channel Partnership Ii L P	10 percent owner	450 SEVENTH AVENUE SUITE 509, NEW YORK NY 10123