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Steppe Gold (Steppe Gold) Accounts Payable & Accrued Expense : $12.94 Mil (As of Mar. 2024)


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What is Steppe Gold Accounts Payable & Accrued Expense?

Steppe Gold's quarterly accounts payable & accrued expense increased from Sep. 2023 ($9.55 Mil) to Dec. 2023 ($10.99 Mil) and increased from Dec. 2023 ($10.99 Mil) to Mar. 2024 ($12.94 Mil).

Steppe Gold's annual accounts payable & accrued expense increased from Dec. 2021 ($6.57 Mil) to Dec. 2022 ($13.40 Mil) but then declined from Dec. 2022 ($13.40 Mil) to Dec. 2023 ($10.99 Mil).


Steppe Gold Accounts Payable & Accrued Expense Historical Data

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

Steppe Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 6.05 3.91 6.57 13.40 10.99

Steppe Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.68 9.86 9.55 10.99 12.94

Steppe 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.


Steppe Gold (Steppe Gold) Business Description

Industry
Traded in Other Exchanges
Address
Shangri-La office, Olympic street 19A, Suite 1201, Sukhbaatar District 1, Ulaanbaatar, MNG, 14241
Steppe Gold Ltd is a precious metals exploration and development company focused on opportunities in Mongolia. The company's commercially producing mine is the Altan Tsagaan Ovoo Property (the "ATO Project" or "ATO Mine"), located in Eastern Mongolia. The Company generates revenue from the sale of gold and silver , also majority of the company's revenue is derived from the sale of gold in Mongolia at spot rate.

Steppe Gold (Steppe Gold) Headlines

From GuruFocus

Steppe Gold Files Technical Report for ATO Gold Project

By GlobeNewswire GlobeNewswire 11-30-2021

Steppe Gold Announces Director Resignation

By GlobeNewswire GlobeNewswire 08-20-2019

Steppe Gold President and CEO Announces Filing of Early Warning Report

By GlobeNewswire GlobeNewswire 02-16-2022

Steppe Gold Announces Change of Auditor

By GlobeNewswire GlobeNewswire 10-30-2021