Nido Education (ASX:NDO) Accounts Payable & Accrued Expense : A$7.04 Mil (As of Dec. 2023)

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What is Nido Education Accounts Payable & Accrued Expense?

Nido Education's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$4.80 Mil) to Jun. 2023 (A$4.22 Mil) but then increased from Jun. 2023 (A$4.22 Mil) to Dec. 2023 (A$7.04 Mil).

Nido Education's annual accounts payable & accrued expense increased from . 20 (A$0.00 Mil) to Dec. 2022 (A$4.80 Mil) and increased from Dec. 2022 (A$4.80 Mil) to Dec. 2023 (A$7.04 Mil).

Nido Education Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nido 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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Nido Education Accounts Payable & Accrued Expense Chart

Nido Education Annual Data

Trend

Dec22

Dec23

Accounts Payable & Accrued Expense

4.80

7.04

Nido Education Semi-Annual Data
	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	4.80	4.22	7.04

Nido 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.

Nido Education (ASX:NDO) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Park Avenue, Suite 3, Drummoyne, NSW, AUS, 2047

Website

https://nidoeducation.edu.au

Nido Education Ltd is a company engaged in long day early childhood education and care services across Australia. It offers exceptional education and care for children, from six weeks, through to school age, in a safe, comfortable, nurturing and peaceful environment.

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