Highlights and Quick Summary
- Annual Average Days of Payables for 2020 was 30.92 (a -25.61% decrease from previous year)
- Annual Average Days of Payables for 2019 was 41.56 (a -7.43% decrease from previous year)
- Twelve month Average Days of Payables ending September 29, 2021 was 52.11 (a -12.81% decrease compared to previous quarter)
- Twelve month trailing Average Days of Payables increased by 68.54% year-over-year
Trailing Average Days of Payables for the last four month:
|29 Sep '21||29 Jun '21||30 Mar '21||30 Dec '20|
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Historical Average Days of Payables of Bitfarms Ltd.Most recent Average Days of Payablesof BITF including historical data for past 10 years.
Interactive Chart of Average Days of Payables of Bitfarms Ltd.
Bitfarms Ltd. Average Days of Payables for the past 10 Years (both Annual and Quarterly)
Business Profile of Bitfarms Ltd.
Sector: Financial Services
Industry: Capital Markets
Bitfarms Ltd., a blockchain infrastructure company, mines for cryptocurrency coins and tokens in North America. The company owns and operates server farms comprising computers that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. It also provides electrician services to commercial and residential customers in Quebec, Canada. It also provides hosting of third-party mining hardware. The company was founded in 2017 and is headquartered in Toronto, Canada.