Golden Spike Resources (XCNQ:GLDS) Accounts Payable & Accrued Expense : C$0.01 Mil (As of Feb. 2024)

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What is Golden Spike Resources Accounts Payable & Accrued Expense?

Golden Spike Resources's quarterly accounts payable & accrued expense increased from Aug. 2023 (C$0.06 Mil) to Nov. 2023 (C$0.08 Mil) but then declined from Nov. 2023 (C$0.08 Mil) to Feb. 2024 (C$0.01 Mil).

Golden Spike Resources's annual accounts payable & accrued expense increased from Aug. 2021 (C$0.11 Mil) to Aug. 2022 (C$0.16 Mil) but then declined from Aug. 2022 (C$0.16 Mil) to Aug. 2023 (C$0.06 Mil).

Golden Spike Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for Golden Spike Resources'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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Golden Spike Resources Accounts Payable & Accrued Expense Chart

Golden Spike Resources Annual Data

Trend

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

0.03

0.11

0.16

0.06

Golden Spike Resources Quarterly Data
	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								0.02	0.01	0.06	0.08	0.01

Golden Spike Resources 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.

Golden Spike Resources (XCNQ:GLDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Golden Spike Resources Corp (XCNQ:GLDS) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

GSPRF:USA

Address

830 - 1100 Melville Street, Vancouver, BC, CAN, V6E 4A6

Website

https://www.goldenspikeresources.com

Golden Spike Resources Corp is a mineral exploration company and its principal business is the acquisition and exploration of mineral properties with a focus on Canada. The company's property is the Camping Lake Project, consisting of five contiguous mineral claims covering an area of approximately 2,132.4 Ha northwest of Ear Falls in the Province of Ontario.

Golden Spike Resources (XCNQ:GLDS) Headlines

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