G Mining Ventures (G Mining Ventures) Accounts Payable & Accrued Expense : $27.92 Mil (As of Mar. 2024)

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What is G Mining Ventures Accounts Payable & Accrued Expense?

G Mining Ventures's quarterly accounts payable & accrued expense declined from Sep. 2023 ($29.15 Mil) to Dec. 2023 ($27.03 Mil) but then increased from Dec. 2023 ($27.03 Mil) to Mar. 2024 ($27.92 Mil).

G Mining Ventures's annual accounts payable & accrued expense increased from Oct. 2020 ($0.06 Mil) to Dec. 2022 ($12.22 Mil) and increased from Dec. 2022 ($12.22 Mil) to Dec. 2023 ($27.03 Mil).

G Mining Ventures Accounts Payable & Accrued Expense Historical Data

The historical data trend for G Mining Ventures'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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G Mining Ventures Accounts Payable & Accrued Expense Chart

G Mining Ventures Annual Data

Trend

Oct18

Oct19

Oct20

Dec22

Dec23

Accounts Payable & Accrued Expense

0.04

0.05

0.06

12.22

27.03

G Mining Ventures Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															22.00	27.83	29.15	27.03	27.92

G Mining Ventures 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.

G Mining Ventures (G Mining Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » G Mining Ventures Corp (OTCPK:GMINF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

0WQ0:Germany GMIN:Canada

Address

7900 Boul. Taschereau, Building D, Suite 210, Brossard, QC, CAN, J4X 1C2

Website

https://www.gminingventures.com

G Mining Ventures Corp is a mineral exploration company engaged in the acquisition, exploration and development of precious metal projects. Its flagship asset, the permitted Tocantinzinho Project, is located in Para State, Brazil. Tocantinzinho is an open-pit gold deposit containing around 2.0 million ounces of reserves at 1.3 g/t. The deposit is open at depth and the underexplored 688km2 land package presents an additional exploration potential. It has one operating segment, the exploration and development of mineral properties.