Corinthian Colleges (FRA:CH7) Accounts Payable & Accrued Expense : €106 Mil (As of Jun. 2013)

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What is Corinthian Colleges Accounts Payable & Accrued Expense?

Corinthian Colleges's quarterly accounts payable & accrued expense increased from Jun. 2011 (€129 Mil) to Jun. 2012 (€137 Mil) but then declined from Jun. 2012 (€137 Mil) to Jun. 2013 (€106 Mil).

Corinthian Colleges's annual accounts payable & accrued expense increased from Jun. 2011 (€129 Mil) to Jun. 2012 (€137 Mil) but then declined from Jun. 2012 (€137 Mil) to Jun. 2013 (€106 Mil).

Corinthian Colleges Accounts Payable & Accrued Expense Historical Data

The historical data trend for Corinthian Colleges'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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Corinthian Colleges Accounts Payable & Accrued Expense Chart

Corinthian Colleges Annual Data

Trend

Jun04

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Accounts Payable & Accrued Expense

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94.39

176.01

129.21

137.12

105.52

Corinthian Colleges Semi-Annual Data
	Jun98	Jun99	Jun00	Jun01	Jun02	Jun03	Jun04	Jun05	Jun06	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial											94.39	176.01	129.21	137.12	105.52

Corinthian Colleges 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.

Corinthian Colleges (FRA:CH7) Business Description

Industry

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Address

Website

http://www.cci.edu

Corinthian Colleges Inc is a post-secondary education company in the United States and Canada. It offers diploma programs and associate, bachelors and master's degrees through a single operating segment. As of June 30, 2013, it has a student enrollment of 81,284 and operated 97 schools in 25 states, and 14 schools in the province of Ontario, Canada. The Company has acquired 76 colleges including the Heald acquisition and has opened 35 branch campuses. Its training program areas include healthcare, criminal justice, business, mechanical, trades, and information technology. The Company's diploma programs provide students with the requisite knowledge and job skills for entry-level positions in their chosen career.Key elements of its operating strategy includes emphasize Student Outcomes, create an Effective Learning Environment, focus on Attractive Markets, manage School and Program Performance, Standardize Key Business Processes and Centralize Key Functions.

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