Marathon Digital Holdings (Marathon Digital Holdings) Accounts Payable & Accrued Expense : $33.6 Mil (As of Dec. 2023)

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What is Marathon Digital Holdings Accounts Payable & Accrued Expense?

Marathon Digital Holdings's quarterly accounts payable & accrued expense increased from Jun. 2023 ($28.2 Mil) to Sep. 2023 ($38.0 Mil) but then declined from Sep. 2023 ($38.0 Mil) to Dec. 2023 ($33.6 Mil).

Marathon Digital Holdings's annual accounts payable & accrued expense increased from Dec. 2021 ($11.3 Mil) to Dec. 2022 ($25.8 Mil) and increased from Dec. 2022 ($25.8 Mil) to Dec. 2023 ($33.6 Mil).

Marathon Digital Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Marathon Digital Holdings'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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Marathon Digital Holdings Accounts Payable & Accrued Expense Chart

Marathon Digital Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1.75

1.00

11.25

25.79

33.63

Marathon Digital Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															25.79	23.48	28.16	38.02	33.63

Marathon Digital Holdings 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.

Marathon Digital Holdings (Marathon Digital Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Marathon Digital Holdings Inc (NAS:MARA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MARA:Mexico M44A:Germany M44:Germany

Address

101 NE Third Avenue, Suite 1200, Fort Lauderdale, FL, USA, 33301

Website

http://www.mara.com

Marathon Digital Holdings Inc focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The Company currently operates in the Digital Currency Blockchain segment. The Company's Crypto-currency Machines are located in the United States.

Executives

Ashu Swami	officer: Chief Technical Officer	MARATHON DIGITAL,, 101 NE 3RD AVE, STE 1200, FORT LAUDERDALE FL 33301
Said Ouissal	director	VIOLIN MEMORY, INC., 4555 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Salman Hassan Khan	officer: CFO	25651 BIRCHLEAF CT, VALENCIA CA 91381
Douglas K Mellinger	director	PRT GROUP INC, 342 MADISON AVE 11TH FL, NEW YORK NY 10173
Frederick G Thiel	director	7555 IRVINE CENTER DRIVE, IRVINE CA 92618
Kevin A Denuccio	director	300 HOLGER WAY, SAN JOSE CA 95134
Merrick D Okamoto	director	1180 NORTH TOWN CENTER DRIVE, SUITE 100,, LAS VEGAS NV 89144
Jay P Leupp	director	16435 N. SCOTTSDALE ROAD, SUITE 320, SCOTTSDALE AZ 85254
Georges Antoun	director	C/O FIRST SOLAR, INC., 350 WEST WASHINGTON ST., SUITE 600, TEMPE AZ 85281
Sarita M. James	director	200 CHAMBERS ST, 22D, NEW YORK NY 10007
Simeon Salzman	officer: CHIEF FINANCIAL OFFICER	1180 NORTH TOWN CENTER DRIVE, SUITE 100, LAS VEGAS NV 89144
Peter Benz	director	171 MADISON AVE., 17 FL.,, NEW YORK NY 10016
Michael Carroll Berg	director	1881 CARIGNAN WAY, YOUNTVILLE CA 94599
James Crawford	officer: CHIEF OPERATING OFFICER	4215 324TH AVE. SE, FALL CITY WA 98024
Michael Rudolph	director	1325 HOWARD AVE, PMB 422, BURLINGAME CA 94010