GFG Resources (FRA:2GQ) Accounts Payable & Accrued Expense : €0.20 Mil (As of Mar. 2024)

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What is GFG Resources Accounts Payable & Accrued Expense?

GFG Resources's quarterly accounts payable & accrued expense declined from Sep. 2023 (€0.33 Mil) to Dec. 2023 (€0.19 Mil) but then increased from Dec. 2023 (€0.19 Mil) to Mar. 2024 (€0.20 Mil).

GFG Resources's annual accounts payable & accrued expense declined from Jun. 2021 (€0.15 Mil) to Jun. 2022 (€0.15 Mil) but then increased from Jun. 2022 (€0.15 Mil) to Jun. 2023 (€0.16 Mil).

GFG Resources Accounts Payable & Accrued Expense Historical Data

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

GFG Resources Annual Data

Trend

Feb14

Feb15

Feb16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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0.32

0.23

0.15

0.16

GFG Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.29	0.16	0.33	0.19	0.20

GFG 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.

GFG Resources (FRA:2GQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » GFG Resources Inc (FRA:2GQ) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

GFGSF:USA GFG:Canada

Address

202-640 Broadway Avenue, Saskatoon, SK, CAN, S7N 1A9

Website

https://www.gfgresources.com

GFG Resources Inc is a precious metals exploration company. Its principal business is to acquire, explore, and develop interests in exploration and evaluation assets. The company holds an interest in the Rattlesnake Hills Gold Property which is located southwest of Casper in Central Wyoming, U.S., and Pen Gold and Dore Gold Projects located in Ontario, Canada.

GFG Resources (FRA:2GQ) Headlines

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