Gold Reserve (STU:GODA) Accounts Payable & Accrued Expense : €9.56 Mil (As of Dec. 2023)

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What is Gold Reserve Accounts Payable & Accrued Expense?

Gold Reserve's quarterly accounts payable & accrued expense increased from Jun. 2023 (€0.92 Mil) to Sep. 2023 (€10.09 Mil) but then declined from Sep. 2023 (€10.09 Mil) to Dec. 2023 (€9.56 Mil).

Gold Reserve's annual accounts payable & accrued expense increased from Dec. 2021 (€0.42 Mil) to Dec. 2022 (€0.61 Mil) and increased from Dec. 2022 (€0.61 Mil) to Dec. 2023 (€9.56 Mil).

Gold Reserve Accounts Payable & Accrued Expense Historical Data

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

Gold Reserve Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.66

0.64

0.42

0.61

9.56

Gold Reserve Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.61	0.48	0.92	10.09	9.56

Gold Reserve 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.

Gold Reserve (STU:GODA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold Reserve Inc (STU:GODA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

GDRZF:USA GODA:Germany GRZ:Canada

Address

999 West Riverside Avenue, Suite 401, Spokane, WA, USA, 99201

Website

https://www.goldreserveinc.com

Gold Reserve Inc, along with its subsidiaries, is engaged in the business of acquiring, exploring, and developing mining projects. Its primary business activities have been the collection of the remaining amounts owed to the company by Venezuela and, the advancement of the Siembra Minera Project. . Siembra Minera project was granted certain gold, copper, silver, and other strategic mineral rights.

Gold Reserve (STU:GODA) Headlines

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