Magellan Gold (Magellan Gold) Accounts Payable & Accrued Expense : $0.83 Mil (As of Dec. 2023)

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What is Magellan Gold Accounts Payable & Accrued Expense?

Magellan Gold's quarterly accounts payable & accrued expense increased from Jun. 2023 ($0.68 Mil) to Sep. 2023 ($0.75 Mil) and increased from Sep. 2023 ($0.75 Mil) to Dec. 2023 ($0.83 Mil).

Magellan Gold's annual accounts payable & accrued expense increased from Dec. 2021 ($0.55 Mil) to Dec. 2022 ($0.61 Mil) and increased from Dec. 2022 ($0.61 Mil) to Dec. 2023 ($0.83 Mil).

Magellan Gold Accounts Payable & Accrued Expense Historical Data

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

Magellan Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.58

0.94

0.55

0.61

0.83

Magellan Gold 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															0.61	0.64	0.68	0.75	0.83

Magellan 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.

Magellan Gold (Magellan Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Magellan Gold Corp (OTCPK:MAGE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

602 Cedar Street, Suite 205, Wallace, ID, USA, 83873

Website

https://www.magellangoldcorp.com

Magellan Gold Corp is focused on the exploration and development of precious metals in North America. Magellan's flagship project is The Center Star Gold Mine in Idaho.

Executives

Frank Pastornia	officer: COO	C/O 500 MARQUETTE AVE., STE. 1200, ALBUQUERQUE NM 87102
John D Gibbs	10 percent owner	16 E STREET SOUTHWEST, ARDMORE OK 73402
Power John C /ca/	director, 10 percent owner, officer: President/Secretary
Dennis Bell	10 percent owner	47 LISLE ST., MT. CLAREMONT C3 6010
Michael Paul Martinez	officer: CFO/Secretary/Treasurer	13612 EMBUDO CT., NE, ALBUQUERQUE NM 87112
W Pierce Carson	officer: President of Gulf & Western In	7239 N EL MIRAGR ROAD, GLENDALE AZ 86307