GGL Resources (TSXV:GGL) Accounts Payable & Accrued Expense : C$0.16 Mil (As of Feb. 2024)

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What is GGL Resources Accounts Payable & Accrued Expense?

GGL Resources's quarterly accounts payable & accrued expense increased from Aug. 2023 (C$0.05 Mil) to Nov. 2023 (C$0.12 Mil) and increased from Nov. 2023 (C$0.12 Mil) to Feb. 2024 (C$0.16 Mil).

GGL Resources's annual accounts payable & accrued expense increased from Nov. 2021 (C$0.15 Mil) to Nov. 2022 (C$0.54 Mil) but then declined from Nov. 2022 (C$0.54 Mil) to Nov. 2023 (C$0.12 Mil).

GGL Resources Accounts Payable & Accrued Expense Historical Data

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

GGL Resources Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Accounts Payable & Accrued Expense

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0.08

0.18

0.15

0.54

0.12

GGL Resources Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.08	0.05	0.05	0.12	0.16

GGL 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.

GGL Resources (TSXV:GGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » GGL Resources Corp (TSXV:GGL) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

GGLXF:USA

Address

1100 Melville Street, Suite 510, Vancouver, BC, CAN, V6E 4A6

Website

https://www.gglresourcescorp.com

GGL Resources Corp is a resource exploration company engaged in the exploration and development of mineral properties. Its mineral property interests consist of exploration-stage mineral properties located in the Northwest Territories, Nunavut, and British Columbia in Canada and in Nevada, USA. The company holds an interest in the properties of Bishop, Gold Point, CH, Rhombus, Stein, Providence Greenstone Belt, and McConnell Creek, among others.

Executives

David Kelsch

Director, Senior Officer

GGL Resources (TSXV:GGL) Headlines

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