Ascot Resources (TSX:AOT) Accounts Payable & Accrued Expense : C$31.45 Mil (As of Mar. 2024)

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What is Ascot Resources Accounts Payable & Accrued Expense?

Ascot Resources's quarterly accounts payable & accrued expense increased from Sep. 2023 (C$29.95 Mil) to Dec. 2023 (C$33.12 Mil) but then declined from Dec. 2023 (C$33.12 Mil) to Mar. 2024 (C$31.45 Mil).

Ascot Resources's annual accounts payable & accrued expense declined from Dec. 2021 (C$14.05 Mil) to Dec. 2022 (C$6.50 Mil) but then increased from Dec. 2022 (C$6.50 Mil) to Dec. 2023 (C$33.12 Mil).

Ascot Resources Accounts Payable & Accrued Expense Historical Data

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

Ascot Resources Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2.44

2.80

14.05

6.50

33.12

Ascot 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															17.52	16.14	29.95	33.12	31.45

Ascot 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.

Ascot Resources (TSX:AOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ascot Resources Ltd (TSX:AOT) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

AOTVF:USA BHQ:Germany

Address

1095 West Pender Street, Suite 1050, Vancouver, BC, CAN, V6E 2M6

Website

https://www.ascotgold.com

Ascot Resources Ltd is a development and exploration company. It is a focused gold and silver explorer with a portfolio of advanced and grassroots projects in the Golden Triangle region of British Columbia. It holds an interest in Premier Gold Project and Red Mountain Project. The company also has two other properties; Swamp Point, an aggregate project located in British Columbia on the Portland Canal, and Mt. Margaret, a porphyry copper-molybdenum-gold-silver deposit located in Washington State, USA.

Executives

John Gerard Kiernan

Senior Officer

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