Argo Blockchain (LSE:ARB) Accounts Payable & Accrued Expense : £3.18 Mil (As of Dec. 2023)

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What is Argo Blockchain Accounts Payable & Accrued Expense?

Argo Blockchain's quarterly accounts payable & accrued expense increased from Jun. 2023 (£7.85 Mil) to Sep. 2023 (£7.92 Mil) but then declined from Sep. 2023 (£7.92 Mil) to Dec. 2023 (£3.18 Mil).

Argo Blockchain's annual accounts payable & accrued expense declined from Dec. 2021 (£23.26 Mil) to Dec. 2022 (£3.09 Mil) but then increased from Dec. 2022 (£3.09 Mil) to Dec. 2023 (£3.18 Mil).

Argo Blockchain Accounts Payable & Accrued Expense Historical Data

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

Argo Blockchain Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2.47

0.56

23.26

3.09

3.18

Argo Blockchain Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												3.09	6.18	7.85	7.92	3.18

Argo Blockchain 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.

Argo Blockchain (LSE:ARB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Argo Blockchain PLC (LSE:ARB) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

ARBK:USA ARBKF:USA ARBl:UK 0XP:Germany

Address

27/28 Eastcastle Street, Eastcastle House, London, GBR, W1W 8DH

Website

https://www.argoblockchain.com

Argo Blockchain PLC is a global data center business that provides a powerful and efficient platform for cryptocurrency mining operations. The company has operations in strategic locations in North America.