Touchstone Gold (FRA:T03) Accounts Payable: €0.32 Mil (As of Jun. 2014)

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What is Touchstone Gold Accounts Payable?

Touchstone Gold FRA:T03 Accounts Payable is €0.32 Mil as of Jun. 2014. The stock has 2 warning signs investors should review.

Touchstone Gold's Accounts Payable for the quarter that ended in Jun. 2014 was €0.32 Mil.

Touchstone Gold's quarterly Accounts Payable increased from Sep. 2013 (€0.36 Mil) to Dec. 2013 (€0.36 Mil) but then declined from Dec. 2013 (€0.36 Mil) to Jun. 2014 (€0.32 Mil).

Touchstone Gold's annual Accounts Payable declined from Dec. 2011 (€0.69 Mil) to Dec. 2012 (€0.61 Mil) and declined from Dec. 2012 (€0.61 Mil) to Dec. 2013 (€0.36 Mil).

Touchstone Gold Accounts Payable Related Terms

Touchstone Gold Accounts Payable Historical Data

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The historical data trend for Touchstone Gold'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.

Touchstone Gold Accounts Payable Chart

Touchstone Gold Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13
Accounts Payable
0.00 0.03 0.69 0.61 0.36

Touchstone Gold Quarterly Data
Dec09 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Jun14
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.45 0.45 0.36 0.36 0.32

Touchstone Gold 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 €0.32 Mil mean?
Touchstone Gold (FRA:T03) has a Accounts Payable of €0.32 Mil as of Jun. 2014. 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 Touchstone Gold and its competitors.
Is Touchstone Gold's Accounts Payable too high?
Touchstone Gold's current Accounts Payable is €0.32 Mil.
How does Touchstone Gold's Accounts Payable compare to THMG and DTRC?
Touchstone Gold's Accounts Payable of €0.32 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 Touchstone Gold and its competitors. Touchstone Gold's current Accounts Payable is €0.32 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Touchstone Gold stock overvalued right now?
Touchstone Gold (FRA:T03) has a current Accounts Payable of €0.32 Mil. The current Accounts Payable is €0.32 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 Touchstone Gold (FRA:T03), the current Accounts Payable is €0.32 Mil as of Jun. 2014. 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.

Touchstone Gold Business Description

Touchstone Gold Ltd was incorporated under the Laws of the British Virgin Islands on June 29, 2009. The Company, along with its wholly-owned subsidiaries, is an exploration stage company engaged in the exploration and development of gold properties in Colombia. The Company's project portfolio comprises of Segovia Gold Project and Santa Rosa Project.