Globex Mining Enterprises (Globex Mining Enterprises) Accounts Payable & Accrued Expense : $0.52 Mil (As of Mar. 2024)

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What is Globex Mining Enterprises Accounts Payable & Accrued Expense?

Globex Mining Enterprises's quarterly accounts payable & accrued expense declined from Sep. 2023 ($0.20 Mil) to Dec. 2023 ($0.13 Mil) but then increased from Dec. 2023 ($0.13 Mil) to Mar. 2024 ($0.52 Mil).

Globex Mining Enterprises's annual accounts payable & accrued expense declined from Dec. 2021 ($2.04 Mil) to Dec. 2022 ($0.16 Mil) and declined from Dec. 2022 ($0.16 Mil) to Dec. 2023 ($0.13 Mil).

Globex Mining Enterprises Accounts Payable & Accrued Expense Historical Data

The historical data trend for Globex Mining Enterprises'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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Globex Mining Enterprises Accounts Payable & Accrued Expense Chart

Globex Mining Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.10

0.15

2.04

0.16

0.13

Globex Mining Enterprises 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															0.13	0.16	0.20	0.13	0.52

Globex Mining Enterprises 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.

Globex Mining Enterprises (Globex Mining Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Globex Mining Enterprises Inc (OTCPK:GLBXF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

G1MN:Germany G1MN:Germany GMX:Canada

Address

89 Belsize Drive, Toronto, ON, CAN, M4S 1L3

Website

https://www.globexmining.com

Globex Mining Enterprises Inc is a Canada-based exploration company. The company is engaged in the acquisition, development, and exploration of mineral properties in North America. The company's mineral portfolio consists of early to mid-stage exploration, development and royalty properties which contain Base Metals, Specialty Metals and Minerals and Industrial Minerals.