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Intchains Group (Intchains Group) Accounts Payable & Accrued Expense : $2.19 Mil (As of Mar. 2024)


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What is Intchains Group Accounts Payable & Accrued Expense?

Intchains Group's quarterly accounts payable & accrued expense increased from Sep. 2023 ($1.66 Mil) to Dec. 2023 ($1.96 Mil) and increased from Dec. 2023 ($1.96 Mil) to Mar. 2024 ($2.19 Mil).

Intchains Group's annual accounts payable & accrued expense declined from Dec. 2021 ($3.79 Mil) to Dec. 2022 ($2.02 Mil) and declined from Dec. 2022 ($2.02 Mil) to Dec. 2023 ($1.96 Mil).

Intchains Group Accounts Payable & Accrued Expense Historical Data

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

Intchains Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
- 1.04 3.79 2.02 1.96

Intchains Group Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.83 1.62 1.66 1.96 2.19

Intchains Group 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.

Intchains Group (Intchains Group) Business Description

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Traded in Other Exchanges
N/A
Address
No.333 Haiyang No.1 Road, 9th Floor, A Block, Lingang Science and Technology Park, Pudong New Area, Shanghai, CHN, 201306
Website
https://www.intchains.com
Intchains Group Ltd provides integrated solutions consisting of high-performance ASIC chips and ancillary software and hardware for blockchain applications. Its ASIC chips are designed for several key blockchain algorithms including Blake2bsha3, sha512MD160, Cryptonight V4, Eaglesong, and Blake2s. The company has built a proprietary technology platform named Xihe Platform, which allows the development of a wide range of ASIC chips with high efficiency and scalability. It designs its ASIC chips in-house, which enables it to leverage proprietary silicon data to deliver products reflecting the latest technological developments.