Erdene Resource Development (TSX:ERD) Accounts Payable & Accrued Expense : C$0.98 Mil (As of Mar. 2025)

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What is Erdene Resource Development Accounts Payable & Accrued Expense?

Erdene Resource Development's quarterly accounts payable & accrued expense increased from Sep. 2024 (C$0.44 Mil) to Dec. 2024 (C$0.78 Mil) and increased from Dec. 2024 (C$0.78 Mil) to Mar. 2025 (C$0.98 Mil).

Erdene Resource Development's annual accounts payable & accrued expense declined from Dec. 2022 (C$0.83 Mil) to Dec. 2023 (C$0.16 Mil) but then increased from Dec. 2023 (C$0.16 Mil) to Dec. 2024 (C$0.78 Mil).

Erdene Resource Development Accounts Payable & Accrued Expense Historical Data

The historical data trend for Erdene Resource Development'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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Erdene Resource Development Accounts Payable & Accrued Expense Chart

Erdene Resource Development Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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0.58

0.66

0.83

0.16

0.78

Erdene Resource Development Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.30	0.37	0.44	0.78	0.98

Erdene Resource Development 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.

Erdene Resource Development Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Erdene Resource Development Corp (TSX:ERD) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

ERDCF:USA E8KA:Germany E8KA:Germany

Address

99 Wyse Road, Metropolitan Place, Suite 910, Dartmouth, NS, CAN, B3A 4S5

Website

https://www.erdene.com

Erdene Resource Development Corp is a Canadian-based resource exploration company. It is engaged in the exploration and development of precious metals and mineral deposits in Mongolia. The company's project consists of Bayan Khundii, Altan Nar, Zuun Mod, and Khuvyn Khar. The Bayan Khundii and Altan Nar project is located within the Tian-Shan copper-gold belt in southwest Mongolia from the Chinese border city of Ceke. The Zuun Mod project is located within 200 kilometers of China's border in Mongolia's Bayankhongor Province. The Khuvyn Khar copper-silver project is located on the Zuun Mod property.

Executives

2176423 Ontario Ltd.	10% Security Holder
Eric Sprott	10% Security Holder
David Vaughn Mosher	Director
Peter Akerley	Director, Senior Officer
Robert Jenkins	Senior Officer
European Bank For Reconstruction And Development	10% Security Holder
John Christopher Cowan	Director
John Philip Byrne	Director

Erdene Resource Development Headlines

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