Consolidated Gems (Consolidated Gems) Accounts Payable & Accrued Expense : $0.18 Mil (As of Dec. 2016)

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What is Consolidated Gems Accounts Payable & Accrued Expense?

Consolidated Gems's quarterly accounts payable & accrued expense increased from Jun. 2016 ($0.16 Mil) to Sep. 2016 ($0.17 Mil) and increased from Sep. 2016 ($0.17 Mil) to Dec. 2016 ($0.18 Mil).

Consolidated Gems's annual accounts payable & accrued expense increased from Dec. 2014 ($0.07 Mil) to Dec. 2015 ($0.11 Mil) and increased from Dec. 2015 ($0.11 Mil) to Dec. 2016 ($0.18 Mil).

Consolidated Gems Accounts Payable & Accrued Expense Historical Data

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

Consolidated Gems Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Accounts Payable & Accrued Expense

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0.07

0.05

0.07

0.11

0.18

Consolidated Gems Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.11	0.12	0.16	0.17	0.18

Consolidated Gems 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.

Consolidated Gems (Consolidated Gems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Consolidated Gems Inc (GREY:CGEM) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

42 Moray Street Southbank, Level 1A, Melbourne, VIC, AUS, 3004

Website

Consolidated Gems Inc is a US-based development stage company, which operates as exploration and mining company. It focuses on evaluating various gem related projects in order to generate value for shareholders and was assessing several gem opportunities. The company plans to look for opportunities in the resources industry. It holds exploration on the gem tenement in New South Wales, Australia and further, it has decided to relinquish the exploration license.