Affinity Education Group (FRA:A0J) Accounts Payable & Accrued Expense : €7.6 Mil (As of Jun. 2015)

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What is Affinity Education Group Accounts Payable & Accrued Expense?

Affinity Education Group's quarterly accounts payable & accrued expense declined from Jun. 2014 (€7.1 Mil) to Dec. 2014 (€6.6 Mil) but then increased from Dec. 2014 (€6.6 Mil) to Jun. 2015 (€7.6 Mil).

Affinity Education Group's annual accounts payable & accrued expense stayed the same from . 20 (€0.0 Mil) to . 20 (€0.0 Mil) but then increased from . 20 (€0.0 Mil) to Dec. 2014 (€6.6 Mil).

Affinity Education Group Accounts Payable & Accrued Expense Historical Data

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

Affinity Education Group Annual Data

Trend

Dec14

Accounts Payable & Accrued Expense

6.57

Affinity Education Group Semi-Annual Data
	Jun14	Dec14	Jun15
Accounts Payable & Accrued Expense	7.07	6.57	7.58

Affinity 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.

Affinity Education Group (FRA:A0J) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Affinity Education Group Ltd (FRA:A0J) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://investors.affinityeducation.com.au

Affinity Education Group Ltd was incorporated on 21st May, 2013. The Company provides education and care to children aged six weeks to 12 years. Provision of these services includes long day care, before and after school care and occasional care. Its segments include Long day care centers, Outside school-hours care, Family day care, and Occasional care. Long day care centers are set up to primarily offer care to below school age children with working parents. The care can be both full-and-part time. Outside school-hours care provides before and after school short-term care to children of primary school age. Vacation care is also considered part of this segment, providing child care services to parents during school holidays. Family day care is the only area of child care approved under the National Quality Framework that takes place outside of a center, with care provided in the home of an approved educator. This type of care can be all day, part time, occasional or outside school hours. Occasional care offers child care services for children on a casual basis. Centers offering occasional services are primarily set up to provide flexibility to parents with irregular working hours or short-term needs. As with family day care, occasional care is a capped program.

Affinity Education Group (FRA:A0J) Headlines

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