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Contango Holdings (LSE:CGO) Accounts Payable & Accrued Expense : £1.93 Mil (As of Nov. 2024)


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What is Contango Holdings Accounts Payable & Accrued Expense?

Contango Holdings's quarterly accounts payable & accrued expense declined from Nov. 2023 (£1.14 Mil) to May. 2024 (£0.54 Mil) but then increased from May. 2024 (£0.54 Mil) to Nov. 2024 (£1.93 Mil).

Contango Holdings's annual accounts payable & accrued expense increased from May. 2022 (£0.50 Mil) to May. 2023 (£1.14 Mil) but then declined from May. 2023 (£1.14 Mil) to May. 2024 (£0.54 Mil).

Contango Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Contango Holdings'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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Contango Holdings Accounts Payable & Accrued Expense Chart

Contango Holdings Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 0.23 0.18 0.50 1.14 0.54

Contango Holdings Semi-Annual Data
May17 Nov17 May18 May19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 1.14 1.14 0.54 1.93

Contango Holdings 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.

Contango Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Contango Holdings PLC (LSE:CGO) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
1 Charterhouse Mews, London, GBR, EC1M 6BB
Website
https://www.contango-holdings-plc.co.uk
Contango Holdings PLC is a natural resource development company. It is engaged in the mining business. Its two projects are the Muchesu Project in Zimbabwe and the development of the Garalo-Ntiela Gold Project in Mali.