Eloro Resources (STU:P2QM) Accounts Payable & Accrued Expense : €1.32 Mil (As of Dec. 2023)

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What is Eloro Resources Accounts Payable & Accrued Expense?

Eloro Resources's quarterly accounts payable & accrued expense increased from Jun. 2023 (€0.88 Mil) to Sep. 2023 (€1.04 Mil) and increased from Sep. 2023 (€1.04 Mil) to Dec. 2023 (€1.32 Mil).

Eloro Resources's annual accounts payable & accrued expense declined from Mar. 2021 (€1.05 Mil) to Mar. 2022 (€0.73 Mil) but then increased from Mar. 2022 (€0.73 Mil) to Mar. 2023 (€1.16 Mil).

Eloro Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for Eloro Resources'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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Eloro Resources Accounts Payable & Accrued Expense Chart

Eloro Resources Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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0.24

0.31

1.05

0.73

1.16

Eloro Resources 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															0.88	1.16	0.88	1.04	1.32

Eloro Resources 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.

Eloro Resources (STU:P2QM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Eloro Resources Ltd (STU:P2QM) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

ELRRF:USA P2QM:Germany ELO:Canada

Address

20 Adelaide Street East, Suite 200, Toronto, ON, CAN, M5C 2T6

Website

https://elororesources.com

Eloro Resources Ltd is an exploration and mine development company with a portfolio of gold-silver property in Peru, a polymetallic property in Bolivia, and base metal properties in Quebec. The company has an option to acquire a 99% interest in the Iska Iska Property, located in southern Bolivia, and owns an 82% interest in the La Victoria Gold/Silver Project, located in the North-Central Mineral Belt of Peru. It has one reportable segment being mineral exploration.

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