Cadan Resources (Cadan Resources) Accounts Payable & Accrued Expense : $13.96 Mil (As of Sep. 2018)

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What is Cadan Resources Accounts Payable & Accrued Expense?

Cadan Resources's quarterly accounts payable & accrued expense declined from Mar. 2018 ($13.77 Mil) to Jun. 2018 ($13.65 Mil) but then increased from Jun. 2018 ($13.65 Mil) to Sep. 2018 ($13.96 Mil).

Cadan Resources's annual accounts payable & accrued expense increased from Dec. 2015 ($8.66 Mil) to Dec. 2016 ($8.82 Mil) and increased from Dec. 2016 ($8.82 Mil) to Dec. 2017 ($12.67 Mil).

Cadan Resources Accounts Payable & Accrued Expense Historical Data

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

Cadan Resources Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Accounts Payable & Accrued Expense

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7.20

9.69

8.66

8.82

12.67

Cadan Resources Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															12.99	12.67	13.77	13.65	13.96

Cadan 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.

Cadan Resources (Cadan Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cadan Resources Corp (OTCPK:CADAF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

666 Burrard Street, Suite 600, Vancouver, BC, CAN, V6C 3P6

Website

http://www.rizalresources.com

Rizal Resources Corp is engaged in the exploration of natural resource properties located in the Philippines. Its properties include T'Boli Gold Mine Project, Batoto Gold Project, and Comval Copper-Gold Project. It operates through resource property exploration segment. It is focused on the development, exploration and production activities at the T'Boli gold-silver mine. Its material mineral properties are the T'Boli gold-silver deposit, the Batoto-Tarale gold prospect, and the Comval copper-gold deposits. The Batoto Gold Project offers excellent discovery opportunities for gold and gold-copper that will complement the T'Boli gold mining operation.

Cadan Resources (Cadan Resources) Headlines

From GuruFocus

T'boli Mine Site Fatality

By GlobeNewswire GlobeNewswire • 05-29-2018