Coinbase Global (WBO:COIN) Accounts Payable & Accrued Expense : €446 Mil (As of Dec. 2023)

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What is Coinbase Global Accounts Payable & Accrued Expense?

Coinbase Global's quarterly accounts payable & accrued expense increased from Jun. 2023 (€268 Mil) to Sep. 2023 (€385 Mil) and increased from Sep. 2023 (€385 Mil) to Dec. 2023 (€446 Mil).

Coinbase Global's annual accounts payable & accrued expense declined from Dec. 2021 (€407 Mil) to Dec. 2022 (€346 Mil) but then increased from Dec. 2022 (€346 Mil) to Dec. 2023 (€446 Mil).

Coinbase Global Accounts Payable & Accrued Expense Historical Data

The historical data trend for Coinbase Global'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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Coinbase Global Accounts Payable & Accrued Expense Chart

Coinbase Global Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

40.91

82.87

406.51

346.22

445.98

Coinbase Global Quarterly Data
	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												346.22	278.96	267.89	385.22	445.98

Coinbase Global 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.

Coinbase Global (WBO:COIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Coinbase Global Inc (WBO:COIN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

COIN:USA COIN:Mexico 1QZ:Germany C2OI34:Brazil

Address

c/o The Corporation Trust Company, 1209 Orange Street, Wilmington, DE, USA, 19801

Website

https://www.coinbase.com

Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as prime brokerage and data analytics.