Embark Early Education (ASX:EVO) Accounts Payable & Accrued Expense : A$2.63 Mil (As of Dec. 2023)

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What is Embark Early Education Accounts Payable & Accrued Expense?

Embark Early Education's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$3.61 Mil) to Jun. 2023 (A$2.07 Mil) but then increased from Jun. 2023 (A$2.07 Mil) to Dec. 2023 (A$2.63 Mil).

Embark Early Education's annual accounts payable & accrued expense declined from Dec. 2021 (A$10.93 Mil) to Dec. 2022 (A$3.61 Mil) and declined from Dec. 2022 (A$3.61 Mil) to Dec. 2023 (A$2.63 Mil).

Embark Early Education Accounts Payable & Accrued Expense Historical Data

The historical data trend for Embark Early Education'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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Embark Early Education Accounts Payable & Accrued Expense Chart

Embark Early Education Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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9.94

18.67

10.93

3.61

2.63

Embark Early Education Semi-Annual Data
	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												10.93	4.62	3.61	2.07	2.63

Embark Early Education 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.

Embark Early Education (ASX:EVO) Business Description

Industry

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

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Traded in Other Exchanges

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Address

120-122 Siganto Drive, Suite 102, Level 1, M1 Connect Business Hub, Helensvale, Gold Coast, QLD, AUS, 4212

Website

https://www.embarkeducation.com.au

Embark Early Education Ltd is a company that is engaged in the provision and management of an early childhood education service that gives parents and caregivers the option of which service suits their child's learning and care needs. The Group reports operating segments by geographical location, namely New Zealand and Australia. The majority of revenue is from the New Zealand segment. The principal activities of the Company include the management of high-quality early childhood education centres.