Bit Digital (Bit Digital) Accounts Payable & Accrued Expense : $9.65 Mil (As of Mar. 2024)

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What is Bit Digital Accounts Payable & Accrued Expense?

Bit Digital's quarterly accounts payable & accrued expense increased from Sep. 2023 ($2.25 Mil) to Dec. 2023 ($12.14 Mil) but then declined from Dec. 2023 ($12.14 Mil) to Mar. 2024 ($9.65 Mil).

Bit Digital's annual accounts payable & accrued expense increased from Dec. 2021 ($5.05 Mil) to Dec. 2022 ($7.44 Mil) and increased from Dec. 2022 ($7.44 Mil) to Dec. 2023 ($12.14 Mil).

Bit Digital Accounts Payable & Accrued Expense Historical Data

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

Bit Digital Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.39

1.89

5.05

7.44

12.14

Bit Digital Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.10	5.43	2.25	12.14	9.65

Bit Digital 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.

Bit Digital (Bit Digital) Business Description

Industry

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

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Traded in Other Exchanges

BTBT:Mexico

Address

33 Irving Place, New York, NY, USA, 10003

Website

https://www.bit-digital.com

Bit Digital Inc is engaged in the Bitcoin mining business. Its mining platform operates with the primary intent of accumulating bitcoin which may sell for fiat currency from time to time depending on market conditions. It generates revenue from cryptocurrency mining.