GRMC (Goldrich Mining Co) Accounts Payable: $1.48 Mil (As of Sep. 2023)


What is Goldrich Mining Co Accounts Payable?

Goldrich Mining Co GRMC Accounts Payable is $1.48 Mil as of Sep. 2023.

Goldrich Mining Co's Accounts Payable for the quarter that ended in Sep. 2023 was $1.48 Mil.

Goldrich Mining Co's quarterly Accounts Payable declined from Mar. 2023 ($1.59 Mil) to Jun. 2023 ($1.48 Mil) and declined from Jun. 2023 ($1.48 Mil) to Sep. 2023 ($1.48 Mil).

Goldrich Mining Co's annual Accounts Payable increased from Dec. 2020 ($1.84 Mil) to Dec. 2021 ($1.86 Mil) but then declined from Dec. 2021 ($1.86 Mil) to Dec. 2022 ($1.54 Mil).

Goldrich Mining Co Accounts Payable Related Terms

Goldrich Mining Co Accounts Payable Historical Data

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The historical data trend for Goldrich Mining Co'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.

Goldrich Mining Co Accounts Payable Chart

Goldrich Mining Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 1.66 1.84 1.86 1.54

Goldrich Mining Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.92 1.54 1.59 1.48 1.48

Goldrich Mining Co 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 $1.48 Mil mean?
Goldrich Mining Co (GRMC) has a Accounts Payable of $1.48 Mil as of Sep. 2023. 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 Goldrich Mining Co and its competitors.
Is Goldrich Mining Co's Accounts Payable too high?
Goldrich Mining Co's current Accounts Payable is $1.48 Mil.
How does Goldrich Mining Co's Accounts Payable compare to PGOL and MAGE?
Goldrich Mining Co's Accounts Payable of $1.48 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 Goldrich Mining Co and its competitors. Goldrich Mining Co's current Accounts Payable is $1.48 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldrich Mining Co stock overvalued right now?
Goldrich Mining Co (GRMC) has a current Accounts Payable of $1.48 Mil. The current Accounts Payable is $1.48 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 Goldrich Mining Co (GRMC), the current Accounts Payable is $1.48 Mil as of Sep. 2023. 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.

Goldrich Mining Co Business Description

Address 2525 East 29th Avenue, Suite 10B-160, Spokane, WA, USA, 99223-4942
Goldrich Mining Co is a gold exploration and development company, which is engaged in the acquisition and exploration of mineral properties. The group explores gold and focuses on Chandalar property covering approximately 22,858 acres located to the north of Fairbanks, Alaska. The Chandalar is located in north-central Alaska, which is considered a tier-one jurisdiction world wide and host to multiple world-class gold mines and deposits, including the Fort Knox mine, Donlin Creek deposit, and Pebble deposit. Goldrich geographically operates through the region of Alaska, U.S, and derives the majority of its revenue from the sale of gold.