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GSSRF (Gossan Resources) Accounts Payable & Accrued Expense : $0.14 Mil (As of Jun. 2024)


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What is Gossan Resources Accounts Payable & Accrued Expense?

Gossan Resources's quarterly accounts payable & accrued expense declined from Dec. 2023 ($0.16 Mil) to Mar. 2024 ($0.15 Mil) and declined from Mar. 2024 ($0.15 Mil) to Jun. 2024 ($0.14 Mil).

Gossan Resources's annual accounts payable & accrued expense declined from Mar. 2022 ($0.31 Mil) to Mar. 2023 ($0.18 Mil) and declined from Mar. 2023 ($0.18 Mil) to Mar. 2024 ($0.15 Mil).

Gossan Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for Gossan Resources's Accounts Payable & Accrued Expense 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.

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Gossan Resources Accounts Payable & Accrued Expense Chart

Gossan Resources Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.22 0.31 0.18 0.15

Gossan Resources Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Accounts Payable & Accrued Expense 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 0.12 0.12 0.16 0.15 0.14

Gossan Resources Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Gossan Resources Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gossan Resources Ltd (OTCPK:GSSRF) » Definitions » Accounts Payable & Accrued Expense
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Address
171 Donald Street, Suite 404, Winnipeg, MB, CAN, R3C 1M4
Website
https://www.gossan.ca
Gossan Resources Ltd is engaged in the business of exploration and development of mineral resources in Newfoundland, Manitoba, and northwestern Ontario and processes in multiple Metals and Mining. The company's project portfolio includes the Sturgeon Lake Zinc Property, Inwood Magnesium Dolomite Property, Pipestone Project, Bird River Property, and Separation Rapids Specialty Minerals Project.

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