IDP Education (IDP Education) Accounts Payable & Accrued Expense : $116.8 Mil (As of Dec. 2023)

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What is IDP Education Accounts Payable & Accrued Expense?

IDP Education's quarterly accounts payable & accrued expense increased from Dec. 2022 ($87.8 Mil) to Jun. 2023 ($128.7 Mil) but then declined from Jun. 2023 ($128.7 Mil) to Dec. 2023 ($116.8 Mil).

IDP Education's annual accounts payable & accrued expense increased from Jun. 2021 ($71.1 Mil) to Jun. 2022 ($87.9 Mil) and increased from Jun. 2022 ($87.9 Mil) to Jun. 2023 ($128.7 Mil).

IDP Education Accounts Payable & Accrued Expense Historical Data

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

IDP Education Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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64.36

39.56

71.11

87.88

128.66

IDP Education Semi-Annual Data
	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												87.77	87.88	87.77	128.66	116.83

IDP 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.

IDP Education (IDP Education) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » IDP Education Ltd (OTCPK:IDPUF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

03F:Germany IEL:Australia

Address

697 Collins Street, Level 10, Docklands, VIC, AUS, 3008

Website

https://www.idp.com

IDP Education is a global leader in English language testing and student placement services, constituting 64% and 27% of fiscal 2022 group revenue, respectively. Additionally, IDP operates English language schools, organizes education events and delivers consultancy services to education institutions, which constitutes the remainder of group revenue. Originally established in Australia as an aid body for Southeast Asia, today IDP operates one of the world's most widely accepted English language tests and one of the world's largest student placement services businesses, predominantly connecting prospective migrants from India and China to Australia, Canada, and the United Kingdom.