Nexus Gold (Nexus Gold) Accounts Payable & Accrued Expense : $0.98 Mil (As of Oct. 2023)

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What is Nexus Gold Accounts Payable & Accrued Expense?

Nexus Gold's quarterly accounts payable & accrued expense increased from Apr. 2023 ($0.90 Mil) to Jul. 2023 ($0.94 Mil) and increased from Jul. 2023 ($0.94 Mil) to Oct. 2023 ($0.98 Mil).

Nexus Gold's annual accounts payable & accrued expense declined from Jan. 2021 ($0.27 Mil) to Jan. 2022 ($0.22 Mil) but then increased from Jan. 2022 ($0.22 Mil) to Jan. 2023 ($0.88 Mil).

Nexus Gold Accounts Payable & Accrued Expense Historical Data

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

Nexus Gold Annual Data

Trend

Jul13

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Accounts Payable & Accrued Expense

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0.28

0.53

0.27

0.22

0.88

Nexus Gold Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.70	0.88	0.90	0.94	0.98

Nexus 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.

Nexus Gold (Nexus Gold) Business Description

Industry

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

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Traded in Other Exchanges

GH00:Germany NXS:Canada

Address

750 West Pender Street, Suite 802, Vancouver, BC, CAN, V6C 2T8

Website

https://www.nxs.gold

Nexus Gold Corp is a Canadian-based company with a portfolio of ten exploration projects in West Africa and Canada. The West African-based portfolio totals five projects located on active gold belts and mineralized trends, while its 100% owned Canadian projects include the flagship McKenzie Gold Project in Red Lake, Ontario. The company is focused on developing several core assets while seeking joint-venture, earn-in, and strategic partnerships for other projects in its growing portfolio.