Infinito Gold (Infinito Gold) Accounts Payable & Accrued Expense : $0.50 Mil (As of Dec. 2014)

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What is Infinito Gold Accounts Payable & Accrued Expense?

Infinito Gold's quarterly accounts payable & accrued expense increased from Jun. 2014 ($0.53 Mil) to Sep. 2014 ($0.57 Mil) but then declined from Sep. 2014 ($0.57 Mil) to Dec. 2014 ($0.50 Mil).

Infinito Gold's annual accounts payable & accrued expense declined from Mar. 2012 ($1.79 Mil) to Mar. 2013 ($1.14 Mil) and declined from Mar. 2013 ($1.14 Mil) to Mar. 2014 ($0.49 Mil).

Infinito Gold Accounts Payable & Accrued Expense Historical Data

The historical data trend for Infinito Gold'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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Infinito Gold Accounts Payable & Accrued Expense Chart

Infinito Gold Annual Data

Trend

Mar05

Mar06

Mar07

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Accounts Payable & Accrued Expense

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1.17

1.53

1.79

1.14

0.49

Infinito Gold Quarterly Data
	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.69	0.49	0.53	0.57	0.50

Infinito Gold 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.

Infinito Gold (Infinito Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Infinito Gold Ltd (OTCPK:IGFFF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

1100 1st Street, Suite 600, Calgary, AB, CAN, T2G 1B1

Website

http://www.infinitogold.com

Infinito Gold Ltd is a Canadian based company, engaged in the exploration and development activity. The business activity of the group includes acquisition, exploration, and development of mineral interests primarily in Costa Rica. The company primarily explores for gold and holds an interest in the activity of the Crucitas project located in Northern Costa Rica.

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