GoldON Resources (TSXV:GLD) Accounts Payable & Accrued Expense : C$0.14 Mil (As of Dec. 2023)

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What is GoldON Resources Accounts Payable & Accrued Expense?

GoldON Resources's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$0.09 Mil) to Sep. 2023 (C$0.11 Mil) and increased from Sep. 2023 (C$0.11 Mil) to Dec. 2023 (C$0.14 Mil).

GoldON Resources's annual accounts payable & accrued expense declined from Jun. 2021 (C$0.08 Mil) to Jun. 2022 (C$0.03 Mil) but then increased from Jun. 2022 (C$0.03 Mil) to Jun. 2023 (C$0.09 Mil).

GoldON Resources Accounts Payable & Accrued Expense Historical Data

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

GoldON Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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0.11

0.21

0.08

0.03

0.09

GoldON Resources 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															0.01	0.10	0.09	0.11	0.14

GoldON 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.

GoldON Resources (TSXV:GLD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » GoldON Resources Ltd (TSXV:GLD) » Definitions » Accounts Payable & Accrued Expense

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NCMBF:USA

Address

179 - 2945 Jacklin Road, Suite 416, Victoria, BC, CAN, V9B 6J9

Website

https://www.goldonresources.com

GoldON Resources Ltd is an mineral exploration company focused on discovery-stage properties located in the prolific gold mining belts of northwestern Ontario, Canada. The current project portfolio includes seven properties located in the Red Lake Mining District (McDonough, Springpole East, Red Lake North, Pipestone Bay, Pakwash North, McInnes Lake, and West Madsen) and an eighth property located in the Patricia Mining District (Slate Falls).