Bitfarms Ltd. Average Days of Receivables

Average Days of Receivables of BITF for past 10 years: annual, quarterly and twelve month trailing (TTM) including Average Days of Receivables growth rates and interactive chart.


Highlights and Quick Summary

  • Annual Average Days of Receivables for 2020 was 11.6 (a -63.86% decrease from previous year)
  • Annual Average Days of Receivables for 2019 was 32.1 (a 225.95% increase from previous year)
  • Twelve month Average Days of Receivables ending September 29, 2021 was 3.63 (a -5.97% decrease compared to previous quarter)
  • Twelve month trailing Average Days of Receivables decreased by -68.72% year-over-year
Trailing Average Days of Receivables for the last four month:
29 Sep '21 29 Jun '21 30 Mar '21 30 Dec '20
3.63 3.86 6.97 11.6
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Historical Average Days of Receivables of Bitfarms Ltd.

Most recent Average Days of Receivablesof BITF including historical data for past 10 years.

Interactive Chart of Average Days of Receivables of Bitfarms Ltd.

Bitfarms Ltd. Average Days of Receivables for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 11.6
2019 32.1
2018 9.85

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.