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American Education Center (American Education Center) Accounts Payable & Accrued Expense : $2.65 Mil (As of Jun. 2021)


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What is American Education Center Accounts Payable & Accrued Expense?

American Education Center's quarterly accounts payable & accrued expense increased from Dec. 2020 ($2.32 Mil) to Mar. 2021 ($2.58 Mil) and increased from Mar. 2021 ($2.58 Mil) to Jun. 2021 ($2.65 Mil).

American Education Center's annual accounts payable & accrued expense increased from Dec. 2018 ($2.79 Mil) to Dec. 2019 ($2.93 Mil) but then declined from Dec. 2019 ($2.93 Mil) to Dec. 2020 ($2.32 Mil).

American Education Center Accounts Payable & Accrued Expense Historical Data

The historical data trend for American Education Center'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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American Education Center Accounts Payable & Accrued Expense Chart

American Education Center Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 4.08 4.85 2.79 2.93 2.32

American Education Center Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 2.59 2.33 2.32 2.58 2.65

American Education Center 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.

American Education Center (American Education Center) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » American Education Center Inc (OTCPK:AMCT) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
1 Rockefeller Plaza, 10th Floor, New York, NY, USA, 10020
Website
https://www.aec100.com
American Education Center Inc is a United States-based company engaged in the providing of consulting services. Its Consulting services include Placement Advisory Services, Career Advisory Services, Student & Family Advisory Services, and Other Advisory Services. The company operates in two segments namely AEC New York segment and AEC BVI segment. The majority of the revenue is generated from the AEC New York segment which capitalizes middle-class families in China for quality education and works experiences in the United States( US) and delivers customized high school and college placement and career advisory services to Chinese students wishing to study in the US.