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TAL Education Group (TAL Education Group) Accounts Payable & Accrued Expense : $591 Mil (As of Nov. 2023)


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What is TAL Education Group Accounts Payable & Accrued Expense?

TAL Education Group's quarterly accounts payable & accrued expense declined from May. 2023 ($534 Mil) to Aug. 2023 ($501 Mil) but then increased from Aug. 2023 ($501 Mil) to Nov. 2023 ($591 Mil).

TAL Education Group's annual accounts payable & accrued expense declined from Feb. 2021 ($1,128 Mil) to Feb. 2022 ($587 Mil) and declined from Feb. 2022 ($587 Mil) to Feb. 2023 ($466 Mil).


TAL Education Group Accounts Payable & Accrued Expense Historical Data

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

TAL Education Group Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 461.62 553.31 1,128.00 587.42 465.89

TAL Education Group Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 544.03 465.89 533.62 500.55 590.67

TAL 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.


TAL Education Group (TAL Education Group) Business Description

Industry
Address
Xiaoying West Street, 5th Floor, Tower B, Heying Center, Haidian District, Beijing, CHN, 100085
TAL Education Group is a smart learning solutions provider in China. K-9 academic afterschool tutoring used to account for the majority of TAL's revenue before the regulatory changes in 2021 that imposed a nonprofit requirement on the business. After spinning off its K-9 academic afterschool tutoring business, TAL realigned its focus toward enrichment learning, content solutions, and learning technology solutions.

TAL Education Group (TAL Education Group) Headlines