GRIID Infrastructure (NEOE:GRDI) Accounts Payable & Accrued Expense : C$24.29 Mil (As of Mar. 2024)

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What is GRIID Infrastructure Accounts Payable & Accrued Expense?

GRIID Infrastructure's quarterly accounts payable & accrued expense increased from Sep. 2023 (C$9.09 Mil) to Dec. 2023 (C$25.74 Mil) but then declined from Dec. 2023 (C$25.74 Mil) to Mar. 2024 (C$24.29 Mil).

GRIID Infrastructure's annual accounts payable & accrued expense increased from Dec. 2021 (C$4.20 Mil) to Dec. 2022 (C$10.56 Mil) and increased from Dec. 2022 (C$10.56 Mil) to Dec. 2023 (C$25.74 Mil).

GRIID Infrastructure Accounts Payable & Accrued Expense Historical Data

The historical data trend for GRIID Infrastructure'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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GRIID Infrastructure Accounts Payable & Accrued Expense Chart

GRIID Infrastructure Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

4.20

10.56

25.74

GRIID Infrastructure Quarterly Data
	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			-	9.22	9.09	25.74	24.29

GRIID Infrastructure 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.

GRIID Infrastructure (NEOE:GRDI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » GRIID Infrastructure Inc (NEOE:GRDI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

GRIF:USA

Address

2577 Duck Creek Road, Cincinnati, OH, USA, 45212

Website

Griid Holdco LLC is a vertically integrated Bitcoin mining company. It owns and operates a growing portfolio of energy infrastructure and high-density data centers across North America. The Company has built a cryptocurrency mining operation, which operates specialized computers (also known as miners) that generate cryptocurrency. Currently, the only cryptocurrency mined by GRIID is Bitcoin.

GRIID Infrastructure (NEOE:GRDI) Headlines

From GuruFocus

Glancy Prongay & Murray LLP Announces Investigation of GRIID Infrastructure Inc. (GRDI)

By Business Wire • 03-05-2024