DBGF (Panex Resources) Accounts Payable: $0.20 Mil (As of Aug. 2016)

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What is Panex Resources Accounts Payable?

Panex Resources DBGF Accounts Payable is $0.20 Mil as of Aug. 2016.

Panex Resources's Accounts Payable for the quarter that ended in Aug. 2016 was $0.20 Mil.

Panex Resources's quarterly Accounts Payable declined from Feb. 2016 ($0.04 Mil) to May. 2016 ($0.03 Mil) but then increased from May. 2016 ($0.03 Mil) to Aug. 2016 ($0.20 Mil).

Panex Resources's annual Accounts Payable increased from Aug. 2014 ($0.04 Mil) to Aug. 2015 ($0.05 Mil) and increased from Aug. 2015 ($0.05 Mil) to Aug. 2016 ($0.20 Mil).

Panex Resources Accounts Payable Related Terms

Panex Resources Accounts Payable Historical Data

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The historical data trend for Panex Resources'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.

Panex Resources Accounts Payable Chart

Panex Resources Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.06 0.04 0.05 0.20

Panex Resources Quarterly Data
Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16
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 0.05 0.04 0.04 0.03 0.20

Panex Resources 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 $0.20 Mil mean?
Panex Resources (DBGF) has a Accounts Payable of $0.20 Mil as of Aug. 2016. 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 Panex Resources and its competitors.
Is Panex Resources' Accounts Payable too high?
Panex Resources' current Accounts Payable is $0.20 Mil.
How does Panex Resources' Accounts Payable compare to competitors?
Panex Resources' Accounts Payable of $0.20 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 Panex Resources and its competitors. Panex Resources's current Accounts Payable is $0.20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panex Resources stock overvalued right now?
Panex Resources (DBGF) has a current Accounts Payable of $0.20 Mil. The current Accounts Payable is $0.20 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 Panex Resources (DBGF), the current Accounts Payable is $0.20 Mil as of Aug. 2016. 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.

Panex Resources Business Description

Address 504A Casabianca, 17 Bd du Larvotto, Monte Carlo, MCO, 98000
Panex Resources Inc is a mineral exploration company in Africa. It is engaged in the acquisition and exploration of mineral properties. The company is an exploration stage company. Its exploration program will be designed to explore for commercially viable deposits of base and precious minerals such as gold, silver, lead, barium, mercury, copper and zinc minerals.