GBGD (Global Gold) Accounts Payable: $4.82 Mil (As of Jun. 2017)

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What is Global Gold Accounts Payable?

Global Gold GBGD Accounts Payable is $4.82 Mil as of Jun. 2017.

Global Gold's Accounts Payable for the quarter that ended in Jun. 2017 was $4.82 Mil.

Global Gold's quarterly Accounts Payable increased from Dec. 2016 ($4.60 Mil) to Mar. 2017 ($4.74 Mil) and increased from Mar. 2017 ($4.74 Mil) to Jun. 2017 ($4.82 Mil).

Global Gold's annual Accounts Payable increased from Dec. 2014 ($4.44 Mil) to Dec. 2015 ($4.52 Mil) and increased from Dec. 2015 ($4.52 Mil) to Dec. 2016 ($4.60 Mil).

Global Gold Accounts Payable Historical Data

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The historical data trend for Global 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.

Global Gold Accounts Payable Chart

Global Gold Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.60 3.87 4.44 4.52 4.60

Global Gold Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 4.62 4.66 4.60 4.74 4.82

Global 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 $4.82 Mil mean?
Global Gold (GBGD) has a Accounts Payable of $4.82 Mil as of Jun. 2017. 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 Global Gold and its competitors.
Is Global Gold's Accounts Payable too high?
Global Gold's current Accounts Payable is $4.82 Mil.
How does Global Gold's Accounts Payable compare to competitors?
Global Gold's Accounts Payable of $4.82 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 Global Gold and its competitors. Global Gold's current Accounts Payable is $4.82 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Gold stock overvalued right now?
Global Gold (GBGD) has a current Accounts Payable of $4.82 Mil. The current Accounts Payable is $4.82 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 Global Gold (GBGD), the current Accounts Payable is $4.82 Mil as of Jun. 2017. 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.

Global Gold Business Description

Address 555 Theodore Fremd Avenue, Suite B-203, Rye, NY, USA, 10580
Global Gold Corp is an exploration-stage company. It operates as an international gold mining, development, and exploration company with mining properties in Armenia, Canada, and Chile. Business activity of the firm is functioning through the production of gold, silver, and other precious metals. The company holds interests in the Toukhmanuk property in the North Central Armenian Belt, the Marjan and an expanded Marjan North property, and other properties.