Amerigo Resources (Amerigo Resources) Accounts Payable & Accrued Expense : $21.3 Mil (As of Mar. 2024)

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What is Amerigo Resources Accounts Payable & Accrued Expense?

Amerigo Resources's quarterly accounts payable & accrued expense declined from Sep. 2023 ($24.4 Mil) to Dec. 2023 ($20.1 Mil) but then increased from Dec. 2023 ($20.1 Mil) to Mar. 2024 ($21.3 Mil).

Amerigo Resources's annual accounts payable & accrued expense increased from Dec. 2021 ($26.3 Mil) to Dec. 2022 ($27.9 Mil) but then declined from Dec. 2022 ($27.9 Mil) to Dec. 2023 ($20.1 Mil).

Amerigo Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for Amerigo 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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Amerigo Resources Accounts Payable & Accrued Expense Chart

Amerigo Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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19.89

14.68

26.29

27.94

20.05

Amerigo Resources 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															22.61	31.54	24.43	20.05	21.27

Amerigo 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.

Amerigo Resources (Amerigo Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Amerigo Resources Ltd (OTCPK:ARREF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

RE8:Germany ARG:Canada

Address

1021 West Hastings Street, 9th Floor, Vancouver, BC, CAN, V6E 0C3

Website

https://www.amerigoresources.com

Amerigo Resources Ltd is principally engaged in the production of copper and molybdenum concentrates through its operating subsidiary Minera Valle Central S.A. The group operates in one segment, the production of copper concentrates with the production of molybdenum concentrates as a by-product. The company geographically operates in Chile and Canada and earns most of its revenue from Chile.