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Wah Fu Education Group (Wah Fu Education Group) Accounts Payable & Accrued Expense : $1.74 Mil (As of Sep. 2023)


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What is Wah Fu Education Group Accounts Payable & Accrued Expense?

Wah Fu Education Group's quarterly accounts payable & accrued expense declined from Sep. 2022 ($2.09 Mil) to Mar. 2023 ($1.98 Mil) and declined from Mar. 2023 ($1.98 Mil) to Sep. 2023 ($1.74 Mil).

Wah Fu Education Group's annual accounts payable & accrued expense increased from Mar. 2021 ($1.66 Mil) to Mar. 2022 ($1.87 Mil) and increased from Mar. 2022 ($1.87 Mil) to Mar. 2023 ($1.98 Mil).

Wah Fu Education Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Wah Fu Education Group'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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Wah Fu Education Group Accounts Payable & Accrued Expense Chart

Wah Fu Education Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 1.17 1.13 1.66 1.87 1.98

Wah Fu Education Group Semi-Annual Data
Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.92 1.87 2.09 1.98 1.74

Wah Fu Education Group 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.

Wah Fu Education Group (Wah Fu Education Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Wah Fu Education Group Ltd (NAS:WAFU) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
No. 13 Deshengmenwai Street, L207b, Hesheng Fortune Plaza, Xicheng District, Beijing, CHN, 100088
Website
https://www.edu-edu.com
Wah Fu Education Group Ltd is involved in providing online exam preparation services and related technology solutions and also produces online training course materials in China. It develops online educational materials that are offered through the cloud and that can be used for a wide range of purposes, such as standard examination preparation, professional training, and interactive programs for educational purposes other than exam preparation. Its segments are Online Education Services, and Technological Development and Operation Service. The company generates maximum revenue from the Online Education Services segment.