Gold Springs Resource (TSX:GRC) Accounts Payable & Accrued Expense : C$0.81 Mil (As of Mar. 2024)

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What is Gold Springs Resource Accounts Payable & Accrued Expense?

Gold Springs Resource's quarterly accounts payable & accrued expense declined from Jun. 2023 (C$2.01 Mil) to Sep. 2023 (C$0.39 Mil) but then increased from Sep. 2023 (C$0.39 Mil) to Mar. 2024 (C$0.81 Mil).

Gold Springs Resource's annual accounts payable & accrued expense declined from Dec. 2020 (C$0.35 Mil) to Dec. 2021 (C$0.23 Mil) but then increased from Dec. 2021 (C$0.23 Mil) to Dec. 2022 (C$1.33 Mil).

Gold Springs Resource Accounts Payable & Accrued Expense Historical Data

The historical data trend for Gold Springs Resource'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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Gold Springs Resource Accounts Payable & Accrued Expense Chart

Gold Springs Resource Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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0.56

0.19

0.35

0.23

1.33

Gold Springs Resource Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.33	2.16	2.01	0.39	0.81

Gold Springs Resource 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.

Gold Springs Resource (TSX:GRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold Springs Resource Corp (TSX:GRC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

GRCAF:USA SS7A:Germany

Address

1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5

Website

https://www.goldspringsresource.com

Gold Springs Resource Corp is a growth-focused mineral exploration company advancing the district-scale Gold Springs gold project situated in mining-friendly Nevada and Utah. The Company's activities include the acquisition, exploration and development of mineral properties. Its operations are limited to a single industry segment, being mineral exploration and development.

Executives

Horst Daspersgruber

Director, Director or Senior Officer of 10% Security Holder