EDU Holdings (ASX:EDU) Accounts Payable & Accrued Expense : A$3.61 Mil (As of Dec. 2023)

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What is EDU Holdings Accounts Payable & Accrued Expense?

EDU Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$3.86 Mil) to Jun. 2023 (A$4.08 Mil) but then declined from Jun. 2023 (A$4.08 Mil) to Dec. 2023 (A$3.61 Mil).

EDU Holdings's annual accounts payable & accrued expense increased from Jun. 2021 (A$3.15 Mil) to Dec. 2022 (A$3.86 Mil) but then declined from Dec. 2022 (A$3.86 Mil) to Dec. 2023 (A$3.61 Mil).

EDU Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for EDU Holdings'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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EDU Holdings Accounts Payable & Accrued Expense Chart

EDU Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2.91

3.25

3.15

3.86

3.61

EDU Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3.39	3.86	3.86	4.08	3.61

EDU Holdings 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.

EDU Holdings (ASX:EDU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » EDU Holdings Ltd (ASX:EDU) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

65 York Street, Level 1, Sydney, NSW, AUS, 2000

Website

https://www.eduholdings.com.au

EDU Holdings Ltd is engaged in the provision of education services. The company offers accredited vocational education to the student market in the areas of fitness, sport and recreation management, massage therapy, and dance teaching. EDU currently has two wholly-owned operating businesses: Australian Learning Group Pty Limited and Proteus Technologies Pty Ltd trading as Ikon Institute of Australia. The business operates from campuses in Sydney, Melbourne, Brisbane and Perth.