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VINZF (Vinanz) Accounts Payable & Accrued Expense : $0.09 Mil (As of Feb. 2024)


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What is Vinanz Accounts Payable & Accrued Expense?

Vinanz's quarterly accounts payable & accrued expense increased from Feb. 2023 ($0.00 Mil) to Aug. 2023 ($0.10 Mil) but then declined from Aug. 2023 ($0.10 Mil) to Feb. 2024 ($0.09 Mil).

Vinanz's annual accounts payable & accrued expense stayed the same from . 20 ($0.00 Mil) to . 20 ($0.00 Mil) but then increased from . 20 ($0.00 Mil) to Aug. 2022 ($0.07 Mil).


Vinanz Accounts Payable & Accrued Expense Historical Data

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

Vinanz Annual Data
Trend Aug22
Accounts Payable & Accrued Expense
0.07

Vinanz Semi-Annual Data
Aug22 Feb23 Aug23 Feb24
Accounts Payable & Accrued Expense 0.07 - 0.10 0.09

Vinanz 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.


Vinanz Business Description

Industry
Traded in Other Exchanges
Address
Wichhams Cay II, Vistra Corporate Services Centre, Tortola, Road Town, VGB, VG 1110
Vinanz Ltd operates as a Bitcoin mining company initially focusing on installing clusters of Bitcoin miners within multiple facilities throughout the US and Canada through third-party cryptocurrency mining providers. The company focuses on the development of BTC cryptocurrency mining operations and an emerging class of powerful decentralised finance DeFI technologies. Together, cryptocurrencies and decentralised protocol technologies interoperate to create global decentralised financial services platforms. These platforms continue to enjoy rapid growth and are augmenting or replacing capabilities typically associated with traditional finance.