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Educational Development (Educational Development) Total Current Liabilities

: $20.16 Mil (As of Nov. 2023)
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Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Educational Development's total current liabilities for the quarter that ended in Nov. 2023 was $20.16

Educational Development Total Current Liabilities Historical Data

The historical data trend for Educational Development's Total 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.

* Premium members only.

Educational Development Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.52 16.39 37.92 40.26 54.12

Educational Development Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Total Current Liabilities 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 21.52 54.12 53.86 21.25 20.16

Educational Development Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Educational Development's Total Current Liabilities for the fiscal year that ended in Feb. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=6.902+45.529
+Other Current Liabilities+Current Deferred Liabilities
=1.084+0.603
=54.12

Educational Development's Total Current Liabilities for the quarter that ended in Nov. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=7.383+6.798
+Other Current Liabilities+Current Deferred Liabilities
=3.889+2.094
=20.16

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Educational Development Total Current Liabilities Related Terms

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Educational Development (Educational Development) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Educational Development Corp (NAS:EDUC) » Definitions » Total Current Liabilities
Comparable Companies
DALN LEE LSE:INF LSE:PSON NYT OSL:SCHA SAU:4210 SHSE:603000 SHSE:601928 SHSE:601019 SHSE:601098 SHSE:600373 SHSE:601858 SHSE:601921 TSE:9468 SHSE:601949 WLY SHSE:601900 SZSE:000719 XSWX:TXGN
Traded in Other Exchanges
N/A
Address
5402 South 122nd East Avenue, Tulsa, OK, USA, 74146
Website
https://www.edcpub.com
Educational Development Corp is the United States trade publisher of the line of educational children's books produced in the United Kingdom. Its business activity functions with two reportable segments: Direct Sales Division segment and Publishing Division segment. The Publishing Division segment markets its products to retail accounts, which include the book, school supplies, toy and gift stores and museums, through commissioned sales representatives, trade and specialty wholesalers and an internal telesales group. The Direct Sales Division segment sells their books and products through independent brand partners direct to the customer. It derives a majority of revenue from the Direct sales division segment.
Executives
O Keefe Daniel E officer: Chief Financial Officer 1221 E HOUSTON, BROKEN ARROW OK 74012
Heather N. Cobb officer: Chief Sales & Marketing Offcr 5402 S. 122ND ST. EAST AVE., TULSA OK 74137
Craig M White officer: VP, Operations 10302 E 55TH PL, TULSA OK 74146
Bradely Von Stoots director 5402 S. 122ND EAST AVE, TULSA OK 74146
Randall W White director, 10 percent owner, officer: President & CEO
Joshua J Peters director 5402 S. 122ND EAST AVE, TULSA OK 74146
Ronald T Mcdaniel officer: Vice President
Besty Richert director 5402 S. 122ND EAST AVE, TULSA OK 74146
Kara Gae Neal director 5402 S. 122ND EAST AVE, TULSA OK 74146
James F Lewis director
G Dean Cosgrove director
William C Fossett officer: Controller & Corporate Secreta
John A Clerico director 3132 S COLUMBIA CIRCLE, TULSA OK 74105
Robert D Berryhill director PO BOX 1120, BIXBY OK 74008
Kathy Slemp officer: Vice President

Educational Development (Educational Development) Headlines

From GuruFocus

Educational Development Corporation Announces Record Fiscal Fourth Quarter, Fiscal Year 2021 Results

By Marketwired Marketwired • 05-12-2021

Educational Development Corporation Announces Executive Management Change

By Marketwired Marketwired • 07-13-2021

Educational Development Corporation Announces Record Estimated Second Fiscal Quarter Net Revenues and Record Number of Active Consultants

By GlobeNewswire GlobeNewswire • 09-04-2020

Educational Development Corporation Announces Renewal of Revolving Line of Credit

By Marketwired Marketwired • 08-28-2020

Educational Development Corporation Announces Record Fiscal First Quarter Estimated Net Revenues, Earnings and Active Sales Consultants in the Company's UBAM Division

By Marketwired Marketwired • 06-17-2021

Educational Development Stock Appears To Be Modestly Undervalued

By GF Value • 07-09-2021

Educational Development Corporation Announces Record October Revenues and Record Active Sales Consultant Count

By Marketwired Marketwired • 11-06-2020

Educational Development Corporation Announces Record Fiscal 2021 Third Quarter and Year to Date Results

By Marketwired Marketwired • 01-12-2021

Educational Development Corporation Retains Three Part Advisors as Investor Relations Counsel

By Marketwired Marketwired • 05-07-2021

Educational Development Corporation Announces Record First Quarter Fiscal Year 2022 Results

By Marketwired Marketwired • 07-07-2021