BIT Mining (STU:50C0) Accounts Payable : €22.5 Mil (As of Sep. 2023)

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What is BIT Mining Accounts Payable?

BIT Mining's Accounts Payable for the quarter that ended in Sep. 2023 was €22.5 Mil.

BIT Mining's quarterly Accounts Payable declined from Mar. 2023 (€28.1 Mil) to Jun. 2023 (€23.7 Mil) and declined from Jun. 2023 (€23.7 Mil) to Sep. 2023 (€22.5 Mil).

BIT Mining's annual Accounts Payable increased from Dec. 2020 (€0.0 Mil) to Dec. 2021 (€48.1 Mil) but then declined from Dec. 2021 (€48.1 Mil) to Dec. 2022 (€22.1 Mil).

BIT Mining Accounts Payable Historical Data

The historical data trend for BIT Mining's Accounts Payable 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 Mining Accounts Payable Chart

BIT Mining Annual Data

Trend

Dec14

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Dec20

Dec21

Dec22

Dec23

Accounts Payable

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0.89

48.13

22.09

2.10

BIT Mining Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable	Get a 7-Day Free Trial															22.09	28.11	23.75	22.53	2.10

BIT Mining Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

BIT Mining Accounts Payable Related Terms

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BIT Mining (STU:50C0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BIT Mining Ltd (STU:50C0) » Definitions » Accounts Payable

Comparable Companies

Traded in Other Exchanges

BTCM:USA 50C0:Germany

Address

428 South Seiberling Street, Akron, OH, USA, 44306

Website

https://www.btcm.group

BIT Mining Ltd is a cryptocurrency mining company, with a long-term strategy to encompass the whole cryptocurrency value chain. Its business covers cryptocurrency mining, mining pool, data center operation and mining machine manufacturing. The company has significant and growing deployed Bitcoin mining machine capacity, owns three hydroelectric cryptocurrency mines with combined power capacity of 435MW and the entire mining pool business operated under BTC.com, including the domain name and wallet. It has also entered into a definitive agreement to acquire a 7 nanometer cryptocurrency mining machine manufacturer "Bee Computing", completing its vertical integration, making self-sufficient while also strengthening competitive position.

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