Magna Gold (Magna Gold) Accounts Payable & Accrued Expense : $55.66 Mil (As of Sep. 2022)

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What is Magna Gold Accounts Payable & Accrued Expense?

Magna Gold's quarterly accounts payable & accrued expense increased from Mar. 2022 ($45.79 Mil) to Jun. 2022 ($52.45 Mil) and increased from Jun. 2022 ($52.45 Mil) to Sep. 2022 ($55.66 Mil).

Magna Gold's annual accounts payable & accrued expense increased from Mar. 2019 ($0.07 Mil) to Mar. 2020 ($0.15 Mil) and increased from Mar. 2020 ($0.15 Mil) to Dec. 2021 ($36.70 Mil).

Magna Gold Accounts Payable & Accrued Expense Historical Data

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

Magna Gold Annual Data

Trend

Mar18

Mar19

Mar20

Dec21

Accounts Payable & Accrued Expense

0.03

0.07

0.15

36.70

Magna Gold Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial														31.02	36.70	45.79	52.45	55.66

Magna Gold 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.

Magna Gold (Magna Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Magna Gold Corp (OTCPK:MGLQF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 King Street East, Suite 902, Toronto, ON, CAN, M5C 1C4

Website

https://www.magnagoldcorp.com

Magna Gold Corp is a Canadian gold company engaged in operations, development, exploration, and acquisition in Mexico. Its primary asset is the San Francisco Gold Mine in Sonora, Mexico, and exploration stage projects include San Judas, La Pima, Mercedes, and others. The majority of its revenue comes from sales of Gold.