Newmont (BUE:NEM) Accounts Payable & Accrued Expense : ARS702,645 Mil (As of Mar. 2024)

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What is Newmont Accounts Payable & Accrued Expense?

Newmont's quarterly accounts payable & accrued expense increased from Sep. 2023 (ARS491,680 Mil) to Dec. 2023 (ARS860,985 Mil) but then declined from Dec. 2023 (ARS860,985 Mil) to Mar. 2024 (ARS702,645 Mil).

Newmont's annual accounts payable & accrued expense increased from Dec. 2021 (ARS138,558 Mil) to Dec. 2022 (ARS264,216 Mil) and increased from Dec. 2022 (ARS264,216 Mil) to Dec. 2023 (ARS860,985 Mil).

Newmont Accounts Payable & Accrued Expense Historical Data

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

Newmont Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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68,799.41

136,148.74

138,558.28

264,216.39

860,985.00

Newmont 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															288,225.46	314,880.00	491,679.76	860,985.00	702,645.01

Newmont 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.

Newmont (BUE:NEM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Newmont Corp (BUE:NEM) » Definitions » Accounts Payable & Accrued Expense

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Address

6900 E Layton Avenue, Suite 700, Denver, CO, USA, 80237

Website

https://www.newmont.com

Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 7.3 million ounces of gold in 2023 pro forma for Newcrest on an annualized basis. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts from its various gold mines. It had about two decades of gold reserves along with significant byproduct reserves after acquiring Newcrest.