Bitfarms Ltd. Accounts Payable Turnover

Accounts Payable Turnover of BITF for past 10 years: annual, quarterly and twelve month trailing (TTM) including Accounts Payable Turnover growth rates and interactive chart.


Highlights and Quick Summary

  • Annual Accounts Payable Turnover for 2020 was 12.52 (a 55.4% increase from previous year)
  • Annual Accounts Payable Turnover for 2019 was 8.06 (a Infinity% increase from previous year)
  • Twelve month Accounts Payable Turnover ending September 29, 2021 was 10.75 (a 17.63% increase compared to previous quarter)
  • Twelve month trailing Accounts Payable Turnover decreased by -14.11% year-over-year
Trailing Accounts Payable Turnover for the last four month:
29 Sep '21 29 Jun '21 30 Mar '21 30 Dec '20
10.75 9.14 12.38 12.52
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Historical Accounts Payable Turnover of Bitfarms Ltd.

Most recent Accounts Payable Turnoverof BITF including historical data for past 10 years.

Interactive Chart of Accounts Payable Turnover of Bitfarms Ltd.

Bitfarms Ltd. Accounts Payable Turnover for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 12.52
2019 8.06
2018 0.0

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.