Nevada King Gold (TSXV:NKG) Accounts Payable & Accrued Expense : C$0.73 Mil (As of Dec. 2023)

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What is Nevada King Gold Accounts Payable & Accrued Expense?

Nevada King Gold's quarterly accounts payable & accrued expense declined from Mar. 2023 (C$1.28 Mil) to Sep. 2023 (C$1.12 Mil) and declined from Sep. 2023 (C$1.12 Mil) to Dec. 2023 (C$0.73 Mil).

Nevada King Gold's annual accounts payable & accrued expense increased from Mar. 2021 (C$0.16 Mil) to Mar. 2022 (C$0.26 Mil) and increased from Mar. 2022 (C$0.26 Mil) to Mar. 2023 (C$1.28 Mil).

Nevada King Gold Accounts Payable & Accrued Expense Historical Data

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

Nevada King Gold Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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0.54

0.13

0.16

0.26

1.28

Nevada King 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															1.62	0.63	1.28	1.12	0.73

Nevada King 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.

Nevada King Gold (TSXV:NKG) Business Description

Industry

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

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Traded in Other Exchanges

NKGFF:USA

Address

1600 - 595 Burrard Street, Vancouver, BC, CAN, V7X 1L4

Website

https://www.nevadaking.ca

Nevada King Gold Corp is a mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties in Nevada. The company's project portfolio includes Atlanta, Lewis, Horse Mtn. mill creek, iron and other seven projects.

Executives

Michael A Parker

10% Security Holder