Global Education (NSE:GLOBAL) Accounts Payable & Accrued Expense : ₹35.5 Mil (As of Dec. 2023)

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What is Global Education Accounts Payable & Accrued Expense?

Global Education's quarterly accounts payable & accrued expense increased from Jun. 2023 (₹34.2 Mil) to Sep. 2023 (₹42.0 Mil) but then declined from Sep. 2023 (₹42.0 Mil) to Dec. 2023 (₹35.5 Mil).

Global Education's annual accounts payable & accrued expense increased from Mar. 2021 (₹26.8 Mil) to Mar. 2022 (₹42.5 Mil) and increased from Mar. 2022 (₹42.5 Mil) to Mar. 2023 (₹49.3 Mil).

Global Education Accounts Payable & Accrued Expense Historical Data

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

Global Education Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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34.56

26.53

26.80

42.50

49.31

Global Education Quarterly Data
	Sep18	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															40.67	49.31	34.19	41.96	35.52

Global Education 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.

Global Education (NSE:GLOBAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Global Education Ltd (NSE:GLOBAL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

345, Kingsway, 4th Floor, Usha Complex, Nagpur, MH, IND, 440001

Website

https://www.globaledu.net.in

Global Education Ltd is a service provider for educational support and related activities. It operates in two segments, namely, Educational Training and Development Activities and Educational Business Support Activities. The company offers professional training and skill development to corporates, teachers, and students for human capital development and other business support services to educational institutions. The company earns its major revenue from the Educational Business Support Activities segment.

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