TRX Gold (TRX Gold) Accounts Payable & Accrued Expense : $13.64 Mil (As of Nov. 2023)

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What is TRX Gold Accounts Payable & Accrued Expense?

TRX Gold's quarterly accounts payable & accrued expense declined from May. 2023 ($12.81 Mil) to Aug. 2023 ($12.65 Mil) but then increased from Aug. 2023 ($12.65 Mil) to Nov. 2023 ($13.64 Mil).

TRX Gold's annual accounts payable & accrued expense increased from Aug. 2021 ($5.26 Mil) to Aug. 2022 ($8.54 Mil) and increased from Aug. 2022 ($8.54 Mil) to Aug. 2023 ($12.65 Mil).

TRX Gold Accounts Payable & Accrued Expense Historical Data

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

TRX Gold Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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4.74

4.95

5.26

8.54

12.65

TRX Gold Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															8.07	9.81	12.81	12.65	13.64

TRX 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.

TRX Gold (TRX Gold) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

TNX:Canada

Address

277 Lakeshore Road East, Suite 403, Oakville, ON, CAN, L6J 6J3

Website

https://www.trxgold.com

TRX Gold Corp, formerly Tanzanian Gold Corp is a mineral resource company. It is engaged in the acquisition of interests and the exploration of natural resource properties. Its mineral properties are located in the United Republic of Tanzania. The company's main area of interest has been in the exploration and development of gold properties. Its projects include the Buckreef project, Kigosi project, and Itetemia Gold project whereas, its exploration stage project consists of the Lunguya project and the Luhala project.

Executives

Geier International Strategies Fund, Llc	10 percent owner	WACHOVIA FINANCIAL CENTER, 200 SOUTH BISCAYNE BOULEVARD, 27TH FLOOR, MIAMI FL 33131
Geier Capital Llc	10 percent owner	200 SOUTH BISCAYNE BOULEVARD, 27TH FLOOR, MIAMI FL 33131
Geier Group Llc	10 percent owner	200 SOUTH BISCAYNE BOULEVARD, 27TH FLOOR, MIAMI FL 33131
Chris Gibson	10 percent owner	C/O GEIER CAPITAL LLC, 200 SOUTH BISCAYNE BOULEVARD, 27TH FLOOR, MIAMI FL 33131