K2 Gold (TSXV:KTO) Accounts Payable & Accrued Expense : C$0.15 Mil (As of Dec. 2023)

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What is K2 Gold Accounts Payable & Accrued Expense?

K2 Gold's quarterly accounts payable & accrued expense increased from Mar. 2023 (C$0.17 Mil) to Sep. 2023 (C$0.37 Mil) but then declined from Sep. 2023 (C$0.37 Mil) to Dec. 2023 (C$0.15 Mil).

K2 Gold's annual accounts payable & accrued expense declined from Dec. 2021 (C$0.34 Mil) to Dec. 2022 (C$0.18 Mil) and declined from Dec. 2022 (C$0.18 Mil) to Dec. 2023 (C$0.15 Mil).

K2 Gold Accounts Payable & Accrued Expense Historical Data

The historical data trend for K2 Gold'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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K2 Gold Accounts Payable & Accrued Expense Chart

K2 Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.27

0.32

0.34

0.18

0.15

K2 Gold Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.34	0.18	0.17	0.37	0.15

K2 Gold 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.

K2 Gold (TSXV:KTO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » K2 Gold Corp (TSXV:KTO) » Definitions » Accounts Payable & Accrued Expense

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KTGDF:USA

Address

800 West Pender Street, Suite 1020, Vancouver, BC, CAN, V6C 2V6

Website

https://www.k2gold.com

K2 Gold Corp is a well-financed gold exploration company with projects in SW USA and the Yukon. The company is focused on the Mojave property in California, a 5,830-hectare oxide gold project with base metal targets. The location of Mojave enables the company to have year-round news flow on multiple previously recognized surface gold targets. Besides affording immediate drill targets based on the company's soil data integrated with LiDAR and Worldview3 data, the property also has undrilled locations with gold-enriched historical trench results including one at the Flores zone which recorded 8.4 g/t gold over 25.6m. The company has exploration plans for the Si2 and Wels projects, located in Nevada, the USA, and the Yukon Territory, Canada.

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