17 Education & Technology Group (17 Education & Technology Group) Accounts Payable & Accrued Expense : $17.90 Mil (As of Dec. 2023)

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What is 17 Education & Technology Group Accounts Payable & Accrued Expense?

17 Education & Technology Group's quarterly accounts payable & accrued expense declined from Jun. 2023 ($18.66 Mil) to Sep. 2023 ($18.65 Mil) and declined from Sep. 2023 ($18.65 Mil) to Dec. 2023 ($17.90 Mil).

17 Education & Technology Group's annual accounts payable & accrued expense declined from Dec. 2021 ($60.72 Mil) to Dec. 2022 ($21.89 Mil) and declined from Dec. 2022 ($21.89 Mil) to Dec. 2023 ($17.90 Mil).

17 Education & Technology Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for 17 Education & Technology 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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17 Education & Technology Group Accounts Payable & Accrued Expense Chart

17 Education & Technology Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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42.96

79.05

60.72

21.89

17.90

17 Education & Technology Group Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial														21.89	19.87	18.66	18.65	17.90

17 Education & Technology 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.

17 Education & Technology Group (17 Education & Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » 17 Education & Technology Group Inc (NAS:YQ) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wangjing Greenland Center, 16th Floor, Block B, Chaoyang District, Beijing, CHN, 100102

Website

https://ucenter.17zuoye.com

17 Education & Technology Group Inc is an education technology company in China. It offers to assist students, teachers, schoolmasters, and educational authorities across China to achieve data-driven teaching, learning, and assessment. Geographically group operates in China.