XAU Resources (TSXV:GIG) Accounts Payable & Accrued Expense : C$0.02 Mil (As of Jan. 2024)

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What is XAU Resources Accounts Payable & Accrued Expense?

XAU Resources's quarterly accounts payable & accrued expense increased from Jul. 2023 (C$0.02 Mil) to Oct. 2023 (C$0.03 Mil) but then declined from Oct. 2023 (C$0.03 Mil) to Jan. 2024 (C$0.02 Mil).

XAU Resources's annual accounts payable & accrued expense increased from Oct. 2021 (C$0.04 Mil) to Oct. 2022 (C$0.05 Mil) but then declined from Oct. 2022 (C$0.05 Mil) to Oct. 2023 (C$0.03 Mil).

XAU Resources Accounts Payable & Accrued Expense Historical Data

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

XAU Resources Annual Data

Trend

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Accounts Payable & Accrued Expense

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0.01

0.04

0.05

0.03

XAU Resources Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.03	0.03	0.02	0.03	0.02

XAU 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.

XAU Resources (TSXV:GIG) Business Description

Industry

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

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Traded in Other Exchanges

N/A

Address

66 Wellington Street West, Suite 4100, P.O. Box 35, TD Bank Tower, Toronto, ON, CAN, M5K 1B7

Website

https://www.xauresources.com

XAU Resources Inc is a capital pool company. The principal business of the company is the identification and engagement in the business of acquiring, exploring and transacting in mineral exploration properties.