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G8 Education (ASX:GEM) Other Current Liabilities : A$117.5 Mil (As of Dec. 2023)


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What is G8 Education Other Current Liabilities?

G8 Education's other current liabilities for the quarter that ended in Dec. 2023 was A$117.5 Mil.

G8 Education's quarterly other current liabilities increased from Dec. 2022 (A$97.1 Mil) to Jun. 2023 (A$174.5 Mil) but then declined from Jun. 2023 (A$174.5 Mil) to Dec. 2023 (A$117.5 Mil).

G8 Education's annual other current liabilities declined from Dec. 2021 (A$102.4 Mil) to Dec. 2022 (A$97.1 Mil) but then increased from Dec. 2022 (A$97.1 Mil) to Dec. 2023 (A$117.5 Mil).

G8 Education Other Current Liabilities Historical Data

The historical data trend for G8 Education's Other Current Liabilities 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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G8 Education Other Current Liabilities Chart

G8 Education Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Liabilities
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G8 Education Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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G8 Education Other Current Liabilities Calculation

The liability a company needs to pay in the next 12 months, but not assigned to Accounts Payable or Debt. For instance, Wal-Mart (WMT) has accrued wages, salaries, valuation, bonuses, insurance liabilities, accrued tax etc. These are all included in other current liabilities.

G8 Education Other Current Liabilities Related Terms

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G8 Education (ASX:GEM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » G8 Education Ltd (ASX:GEM) » Definitions » Other Current Liabilities
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Traded in Other Exchanges
3EAG:Germany
Address
159 Varsity Parade, Varsity Lakes, Gold Coast, QLD, AUS, 4227
Website
https://www.g8education.edu.au
G8 Education Ltd operates a portfolio of around 438 childcare centres in Australia, implying a market share of less than 10%. The company relies on government subsidies, which comprise around 60% of childcare fees, but we expect subsidies to grow with childcare demand. G8 does not own the buildings from which its childcare centres operate, and labour costs comprise around 60% of revenue. Rental costs comprise around 10-15%.