Hut 8 (HUT) Accounts Payable & Accrued Expense : $34.0 Mil (As of Mar. 2024)

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What is Hut 8 Accounts Payable & Accrued Expense?

Hut 8's quarterly accounts payable & accrued expense declined from Sep. 2023 ($7.8 Mil) to Dec. 2023 ($0.0 Mil) but then increased from Dec. 2023 ($0.0 Mil) to Mar. 2024 ($34.0 Mil).

Hut 8's annual accounts payable & accrued expense increased from . 20 ($0.0 Mil) to Jun. 2021 ($1.8 Mil) and increased from Jun. 2021 ($1.8 Mil) to Jun. 2022 ($7.4 Mil).

Hut 8 Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hut 8'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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Hut 8 Accounts Payable & Accrued Expense Chart

Hut 8 Annual Data

Trend

Jun21

Jun22

Accounts Payable & Accrued Expense

1.84

7.37

Hut 8 Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							5.51	7.49	7.83	-	34.04

Hut 8 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.

Hut 8 (HUT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Hut 8 Corp (NAS:HUT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

HUT1:Mexico V71:Germany HUT:Canada

Address

1101 Brickell Avenue, Suite 1500, Miami, FL, USA, 33131

Website

https://www.hut8.com

Hut 8 Corp is harnessing the limitless potential of data by leveraging cutting-edge infrastructure to create value for its customers and shareholders. Led by a seasoned executive team, Hut 8 is bullish on building computing infrastructure that powers Bitcoin mining, traditional data center's, and the dynamic requirements of future technologies like AI and machine learning.

Hut 8 (HUT) Headlines

From GuruFocus

Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Hut 8 Corp. (HUT)

By Business Wire • 01-23-2024