Stride (Stride) Accounts Payable & Accrued Expense : $105 Mil (As of Mar. 2024)

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What is Stride Accounts Payable & Accrued Expense?

Stride's quarterly accounts payable & accrued expense declined from Sep. 2023 ($125 Mil) to Dec. 2023 ($88 Mil) but then increased from Dec. 2023 ($88 Mil) to Mar. 2024 ($105 Mil).

Stride's annual accounts payable & accrued expense declined from Jun. 2021 ($140 Mil) to Jun. 2022 ($125 Mil) but then increased from Jun. 2022 ($125 Mil) to Jun. 2023 ($125 Mil).

Stride Accounts Payable & Accrued Expense Historical Data

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

Stride Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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71.17

67.78

139.79

125.20

125.48

Stride Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															81.00	125.48	125.42	87.65	104.83

Stride 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.

Stride (Stride) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Stride Inc (NYSE:LRN) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

0AJ:Germany

Address

11720 Plaza America, 9th Floor, Reston, VA, USA, 20190

Website

https://www.stridelearning.com

Stride Inc is an American online educational company. The company offers alternative programs to traditional on-campus schooling. It also operates state-funded virtual charter schools around the United States. The educational programs for K-12 students are usually monitored by parents and provide virtual classroom environments where teachers meet with students online, by phone, or in-person. The company's contractual agreements with various school districts to offer its curriculum programs provide a majority of the company's revenue. The company lines of business are Managed Public School Programs, Institutional, and Private Pay Schools and Other.

Executives

Robert Cohen	director	7900 HARKINS ROAD, LANHAM MD 20706
Eliza Mcfadden	director	2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Les Ottolenghi	officer: Chief Info. & Tech. Officer	ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
Vincent Mathis	officer: EVP, General Counsel	2300 CORPORATE PARK DRIVE, HERNDON VA 20171
James Jeaho Rhyu	director, officer: Chief Executive Officer	2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Donna Blackman	officer: Chief Financial Officer	11720 PLAZA AMERICA DRIVE, 9TH FLOOR, RESTON VA 20190
Ralph R Smith	director	1615 WEST CHESTER PIKE, STE 200, WEST CHESTER PA 19382-7956
Allison Lawrence	director	11720 PLAZA AMERICA DRIVE, 9TH FLOOR, RESTON VA 20190
Joseph A Verbrugge	director	1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Nathaniel A Davis	director, officer: Chairman and CEO	1500 ECKINGTON PLACE NE, WASHINGTON DC 20002
Shaun Mcalmont	officer: EVP, Career Technical Ed.	C/O LINCOLN EDUCATIONAL SERVICES CORP., 200 EXECUTIVE DRIVE, SUITE 340, WEST ORANGE NJ 07052
Kevin Chavous	director	2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Timothy Medina	officer: Chief Financial Officer	2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Victoria D Harker	director	4300 WILSON BOULEVARD, ARLINGTON VA 22203
Howard D. Polsky	officer: General Counsel & Secretary	2300 CORPORATE PARK DRIVE, HERNDON VA 20171