Gabriel Resources (Gabriel Resources) Accounts Payable & Accrued Expense : $0.93 Mil (As of Dec. 2023)

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What is Gabriel Resources Accounts Payable & Accrued Expense?

Gabriel Resources's quarterly accounts payable & accrued expense increased from Jun. 2023 ($4.17 Mil) to Sep. 2023 ($4.67 Mil) but then declined from Sep. 2023 ($4.67 Mil) to Dec. 2023 ($0.93 Mil).

Gabriel Resources's annual accounts payable & accrued expense declined from Dec. 2021 ($4.14 Mil) to Dec. 2022 ($4.10 Mil) and declined from Dec. 2022 ($4.10 Mil) to Dec. 2023 ($0.93 Mil).

Gabriel Resources Accounts Payable & Accrued Expense Historical Data

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

Gabriel Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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7.02

1.84

4.14

4.10

0.93

Gabriel Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4.10	4.45	4.17	4.67	0.93

Gabriel 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.

Gabriel Resources (Gabriel Resources) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

GRZ:Germany GBU:Canada

Address

C/o RM Gold (Services) Ltd., 25 Southampton Buildings, London, GBR, WC2A 1AL

Website

https://www.gabrielresources.com

Gabriel Resources Ltd is a Canadian-based resource company. It is engaged in the exploration, evaluation, and development of precious metal mining projects located in Romania. The company holds an interest in the Rosia Montana and Bucium projects. It operates in two segments: Romania and the Corporate segment.