Toubani Resources (ASX:TRE) Accounts Payable & Accrued Expense : A$1.20 Mil (As of Mar. 2023)

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What is Toubani Resources Accounts Payable & Accrued Expense?

Toubani Resources's quarterly accounts payable & accrued expense increased from Sep. 2022 (A$0.58 Mil) to Dec. 2022 (A$0.91 Mil) and increased from Dec. 2022 (A$0.91 Mil) to Mar. 2023 (A$1.20 Mil).

Toubani Resources's annual accounts payable & accrued expense declined from Dec. 2020 (A$2.12 Mil) to Dec. 2021 (A$0.59 Mil) but then increased from Dec. 2021 (A$0.59 Mil) to Dec. 2022 (A$0.91 Mil).

Toubani Resources Accounts Payable & Accrued Expense Historical Data

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

Toubani Resources Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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2.16

6.60

2.12

0.59

0.91

Toubani Resources Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.54	0.65	0.58	0.91	1.20

Toubani 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.

Toubani Resources (ASX:TRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Toubani Resources Ltd (ASX:TRE) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

FN3:Germany

Address

100 King Street West, Suite 1600, Toronto, ON, CAN, M5X 1G5

Website

https://www.toubaniresources.com

Toubani Resources Ltd is a Canada-based gold exploration and development company. Its segment consists of the acquisition, exploration, and development of precious and base metal mineral resources properties located in Western Africa. The company's portfolio includes the Kobada gold project which is a stage gold development project located in Mali.

Toubani Resources (ASX:TRE) Headlines

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