2U (LTS:0LHP) Accounts Payable & Accrued Expense : $79.1 Mil (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is 2U Accounts Payable & Accrued Expense?

2U's quarterly accounts payable & accrued expense declined from Sep. 2023 ($85.1 Mil) to Dec. 2023 ($79.7 Mil) and declined from Dec. 2023 ($79.7 Mil) to Mar. 2024 ($79.1 Mil).

2U's annual accounts payable & accrued expense declined from Dec. 2021 ($80.5 Mil) to Dec. 2022 ($69.7 Mil) but then increased from Dec. 2022 ($69.7 Mil) to Dec. 2023 ($79.7 Mil).

2U Accounts Payable & Accrued Expense Historical Data

The historical data trend for 2U'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.

* Premium members only.

2U Accounts Payable & Accrued Expense Chart

2U Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

41.96

50.48

80.51

69.69

79.68

2U Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															70.31	70.72	85.13	79.68	79.13

2U 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.

2U (LTS:0LHP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » 2U Inc (LTS:0LHP) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

TWOU:USA 2U1:Germany

Address

7900 Harkins Road, Lanham, MD, USA, 20706

Website

https://www.2u.com

2U Inc provides educational technology services for nonprofit colleges and universities. It builds, delivers, and monitors educational platforms that enable online delivery of degree programs and alternative credentials such as short technical courses. The company provides cloud-based software-as-a-service platform and various technology-enabled services such as learning technology, live class application monitoring, content development, marketing, among others that help its clients to reach students globally. It is organized in two reportable business segments: Degree Program segment and Alternative Credential segment. The vast majority of revenue comes from the company's Degree Program segment, and most of the company's revenue is earned in the United States.

2U (LTS:0LHP) Headlines

No Headlines