Central Gold-Trust (Central Gold-Trust) Accounts Payable & Accrued Expense : $1.56 Mil (As of Sep. 2015)

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What is Central Gold-Trust Accounts Payable & Accrued Expense?

Central Gold-Trust's quarterly accounts payable & accrued expense increased from Mar. 2015 ($0.61 Mil) to Jun. 2015 ($0.87 Mil) and increased from Jun. 2015 ($0.87 Mil) to Sep. 2015 ($1.56 Mil).

Central Gold-Trust's annual accounts payable & accrued expense declined from Dec. 2012 ($0.65 Mil) to Dec. 2013 ($0.49 Mil) but then increased from Dec. 2013 ($0.49 Mil) to Dec. 2014 ($0.96 Mil).

Central Gold-Trust Accounts Payable & Accrued Expense Historical Data

The historical data trend for Central Gold-Trust'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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Central Gold-Trust Accounts Payable & Accrued Expense Chart

Central Gold-Trust Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Accounts Payable & Accrued Expense

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0.82

1.02

0.65

0.49

0.96

Central Gold-Trust Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.78	0.96	0.61	0.87	1.56

Central Gold-Trust 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.

Central Gold-Trust (Central Gold-Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Central Gold-Trust (AMEX:GTU) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.gold-trust.com

Central Gold-Trust was established on April 28, 2003 in Canada. It is a passive, self-governing, single purpose, closed-end trust. It was established to buy and hold substantially all of its assets in gold bullion. The objective of the Company is to provide a secure, convenient, low-cost, exchange-tradeable investment alternative for investors interested in holding gold bullion.

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