Core Scientific (Core Scientific) Accounts Payable & Accrued Expense : $327.6 Mil (As of Dec. 2023)

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What is Core Scientific Accounts Payable & Accrued Expense?

Core Scientific's quarterly accounts payable & accrued expense increased from Jun. 2023 ($95.2 Mil) to Sep. 2023 ($101.1 Mil) and increased from Sep. 2023 ($101.1 Mil) to Dec. 2023 ($327.6 Mil).

Core Scientific's annual accounts payable & accrued expense increased from Dec. 2021 ($69.5 Mil) to Dec. 2022 ($70.0 Mil) and increased from Dec. 2022 ($70.0 Mil) to Dec. 2023 ($327.6 Mil).

Core Scientific Accounts Payable & Accrued Expense Historical Data

The historical data trend for Core Scientific'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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Core Scientific Accounts Payable & Accrued Expense Chart

Core Scientific Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

9.41

5.64

69.52

69.95

327.61

Core Scientific Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										69.95	108.95	95.24	101.13	327.61

Core Scientific 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.

Core Scientific (Core Scientific) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Core Scientific Inc (NAS:CORZ) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CORZQ:USA

Address

210 Barton Springs Road, Austin, TX, USA, 78704

Website

https://www.corescientific.com

Core Scientific Inc is engaged in Blockchain and AI Infrastructure, Digital Asset Self-Mining, Premium Hosting, Blockchain Technology, and Artificial Intelligence related services. The business operates in two segments being; Equipment Sales and Hosting which consists of blockchain infrastructure, third-party hosting business and equipment sales to customers. Mining segment consists of digital asset mining for its account. The blockchain business generates revenue from the sale of consumption-based contracts and by providing hosting services. The digital asset mining segment earns revenue from operating a firm's owned computer equipment as part of a pool of users that process transactions conducted on one or more blockchain networks. In exchange, it receives digital currency assets.