Kingman Minerals (TSXV:KGS) Accounts Payable & Accrued Expense : C$0.56 Mil (As of Mar. 2024)

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What is Kingman Minerals Accounts Payable & Accrued Expense?

Kingman Minerals's quarterly accounts payable & accrued expense declined from Sep. 2023 (C$0.41 Mil) to Dec. 2023 (C$0.41 Mil) but then increased from Dec. 2023 (C$0.41 Mil) to Mar. 2024 (C$0.56 Mil).

Kingman Minerals's annual accounts payable & accrued expense increased from Sep. 2021 (C$0.16 Mil) to Sep. 2022 (C$0.57 Mil) but then declined from Sep. 2022 (C$0.57 Mil) to Sep. 2023 (C$0.41 Mil).

Kingman Minerals Accounts Payable & Accrued Expense Historical Data

The historical data trend for Kingman Minerals'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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Kingman Minerals Accounts Payable & Accrued Expense Chart

Kingman Minerals Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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0.42

0.36

0.16

0.57

0.41

Kingman Minerals 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															0.76	0.76	0.41	0.41	0.56

Kingman Minerals 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.

Kingman Minerals (TSXV:KGS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kingman Minerals Ltd (TSXV:KGS) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

KGSSF:USA 47A1:Germany

Address

555 West Hastings Street, Suite 2150, Vancouver, BC, CAN, V6B 4N6

Website

https://www.kingmanminerals.com

Kingman Minerals Ltd is in the exploration stage and its principal business activity is the sourcing and exploration of mineral properties in North America. The Mohave Project is located in the Music Mountains in Mohave County, Arizona, and focuses on gold and silver minerals. The Cadillac East Property is situated approximately 55km east in the Province of Quebec and 500km northwest of the city of Montreal. The company operates in a single industry segment being the acquisition, exploration, and development of mineral properties.

Executives

Arthur Brown

Director, Senior Officer