China Chunlai Education Group Co (HKSE:01969) Accounts Payable & Accrued Expense : HK$316 Mil (As of Aug. 2023)

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What is China Chunlai Education Group Co Accounts Payable & Accrued Expense?

China Chunlai Education Group Co's quarterly accounts payable & accrued expense declined from Aug. 2022 (HK$321 Mil) to Feb. 2023 (HK$313 Mil) but then increased from Feb. 2023 (HK$313 Mil) to Aug. 2023 (HK$316 Mil).

China Chunlai Education Group Co's annual accounts payable & accrued expense declined from Aug. 2021 (HK$429 Mil) to Aug. 2022 (HK$321 Mil) and declined from Aug. 2022 (HK$321 Mil) to Aug. 2023 (HK$316 Mil).

China Chunlai Education Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Chunlai Education Group Co'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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China Chunlai Education Group Co Accounts Payable & Accrued Expense Chart

China Chunlai Education Group Co Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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189.71

441.01

428.70

320.79

315.89

China Chunlai Education Group Co Semi-Annual Data
	Aug15	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												265.86	320.79	313.31	315.89	-

China Chunlai Education Group Co 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.

China Chunlai Education Group Co (HKSE:01969) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Chunlai Education Group Co Ltd (HKSE:01969) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 66, Beihai East Road, Henan Province, Shangqiu, CHN, 476000

Website

https://www.chunlaiedu.com

China Chunlai Education Group Co Ltd is an investment holding company. The company through its subsidiaries is engaged in the operation of private higher education institutions. It generates revenue from tuition fees and Boarding fees. Geographically, it derives revenue from China.

Executives

Hou Junyu	2201 Interest of corporation controlled by you
Chunlai Investment Co., Ltd.	2101 Beneficial owner
Xiang Rong International Limited	2101 Beneficial owner

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