Spanish Mountain Gold (TSXV:SPA) Accounts Payable & Accrued Expense : C$0.41 Mil (As of Dec. 2023)

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What is Spanish Mountain Gold Accounts Payable & Accrued Expense?

Spanish Mountain Gold's quarterly accounts payable & accrued expense declined from Jun. 2023 (C$0.37 Mil) to Sep. 2023 (C$0.12 Mil) but then increased from Sep. 2023 (C$0.12 Mil) to Dec. 2023 (C$0.41 Mil).

Spanish Mountain Gold's annual accounts payable & accrued expense declined from Dec. 2021 (C$1.36 Mil) to Dec. 2022 (C$1.15 Mil) and declined from Dec. 2022 (C$1.15 Mil) to Dec. 2023 (C$0.41 Mil).

Spanish Mountain Gold Accounts Payable & Accrued Expense Historical Data

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

Spanish Mountain Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.42

1.70

1.36

1.15

0.41

Spanish Mountain Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.15	0.83	0.37	0.12	0.41

Spanish Mountain 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.

Spanish Mountain Gold (TSXV:SPA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Spanish Mountain Gold Ltd (TSXV:SPA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SPAZF:USA S3Y:Germany

Address

1111 Melville Street, Suite 910, Vancouver, BC, CAN, V6E 3V6

Website

https://www.spanishmountaingold.com

Spanish Mountain Gold Ltd is an exploration stage resource company. It is focused on de-risking and optimizing its Spanish Mountain gold project in southern central British Columbia. The company has one operating segment being the Mineral exploration, and all of its long-term assets are located in Canada.

Executives

Lembit Janes

Director