CEGMF (Cerro Grande Mining) Accounts Payable: $0.23 Mil (As of Jun. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Cerro Grande Mining Accounts Payable?

Cerro Grande Mining CEGMF Accounts Payable is $0.23 Mil as of Jun. 2024.

Cerro Grande Mining's Accounts Payable for the quarter that ended in Jun. 2024 was $0.23 Mil.

Cerro Grande Mining's quarterly Accounts Payable increased from Dec. 2023 ($0.18 Mil) to Mar. 2024 ($0.21 Mil) and increased from Mar. 2024 ($0.21 Mil) to Jun. 2024 ($0.23 Mil).

Cerro Grande Mining's annual Accounts Payable declined from Sep. 2021 ($0.13 Mil) to Sep. 2022 ($0.12 Mil) but then increased from Sep. 2022 ($0.12 Mil) to Sep. 2023 ($0.18 Mil).

Cerro Grande Mining Accounts Payable Related Terms

Cerro Grande Mining Accounts Payable Historical Data

* Premium members only.

The historical data trend for Cerro Grande Mining's Accounts Payable 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.

Cerro Grande Mining Accounts Payable Chart

Cerro Grande Mining Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.12 0.13 0.12 0.18

Cerro Grande Mining Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.18 0.18 0.21 0.23

Cerro Grande Mining Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of $0.23 Mil mean?
Cerro Grande Mining (CEGMF) has a Accounts Payable of $0.23 Mil as of Jun. 2024. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Cerro Grande Mining and its competitors.
Is Cerro Grande Mining's Accounts Payable too high?
Cerro Grande Mining's current Accounts Payable is $0.23 Mil.
How does Cerro Grande Mining's Accounts Payable compare to NRHI and ENRT?
Cerro Grande Mining's Accounts Payable of $0.23 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Metals & Mining company?
A good Accounts Payable depends on the Metals & Mining industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Cerro Grande Mining and its competitors. Cerro Grande Mining's current Accounts Payable is $0.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cerro Grande Mining stock overvalued right now?
Cerro Grande Mining (CEGMF) has a current Accounts Payable of $0.23 Mil. The current Accounts Payable is $0.23 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Cerro Grande Mining (CEGMF), the current Accounts Payable is $0.23 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cerro Grande Mining Business Description

Address Avenida Santa Maria 2224, Providencia, Santiago, CHL
Cerro Grande Mining Corp is a Canada-based exploration company. The business activity of the group is operated in one reportable operating segment, being the acquisition, exploration, and development of mineral properties. It explores new gold, copper, and industrial mineral properties in central Chile. The company holds an interest in Pimenton Copper Gold Mining Project.