Lumina Gold (TSXV:LUM) Accounts Payable & Accrued Expense : C$1.76 Mil (As of Mar. 2024)

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What is Lumina Gold Accounts Payable & Accrued Expense?

Lumina Gold's quarterly accounts payable & accrued expense declined from Sep. 2023 (C$2.29 Mil) to Dec. 2023 (C$1.28 Mil) but then increased from Dec. 2023 (C$1.28 Mil) to Mar. 2024 (C$1.76 Mil).

Lumina Gold's annual accounts payable & accrued expense increased from Dec. 2021 (C$0.91 Mil) to Dec. 2022 (C$1.39 Mil) but then declined from Dec. 2022 (C$1.39 Mil) to Dec. 2023 (C$1.28 Mil).

Lumina Gold Accounts Payable & Accrued Expense Historical Data

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

Lumina Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1.80

0.18

0.91

1.39

1.28

Lumina Gold Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.21	0.59	2.29	1.28	1.76

Lumina 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.

Lumina Gold (TSXV:LUM) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

LMGDF:USA OMH2:Germany

Address

625 Howe Street, Suite 410, Vancouver, BC, CAN, V6C 2T6

Website

http://www.luminagold.com

Lumina Gold Corp is a precious and base metals exploration and development company focused on the Cangrejos Gold-Copper Project located in El Oro Province, southwest Ecuador. Cangrejos is being advanced to a Pre-Feasibility Study and is the largest primary gold deposit in Ecuador. The company has an experienced management team with a successful track record of advancing and monetizing exploration projects. It has one reportable operating segment, being that of the acquisition, exploration and evaluation of mineral properties in Ecuador.

Executives

Martin Raymond Danziger Rip	Senior Officer
Scott Victor Andrew Hicks	Senior Officer

Lumina Gold (TSXV:LUM) Headlines

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