Gaotu Techedu (Gaotu Techedu) Current Accrued Expense : $86.9 Mil (As of Sep. 2023)

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What is Gaotu Techedu Current Accrued Expense?

Gaotu Techedu's Current Accrued Expense for the quarter that ended in Sep. 2023 was $86.9 Mil.

Gaotu Techedu's quarterly Current Accrued Expense declined from Mar. 2023 ($87.1 Mil) to Jun. 2023 ($81.5 Mil) but then increased from Jun. 2023 ($81.5 Mil) to Sep. 2023 ($86.9 Mil).

Gaotu Techedu's annual Current Accrued Expense declined from Dec. 2020 ($74.1 Mil) to Dec. 2021 ($25.0 Mil) but then increased from Dec. 2021 ($25.0 Mil) to Dec. 2022 ($29.5 Mil).

Gaotu Techedu Current Accrued Expense Historical Data

The historical data trend for Gaotu Techedu's Current 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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Gaotu Techedu Current Accrued Expense Chart

Gaotu Techedu Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Current Accrued Expense

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3.73

74.08

24.99

29.47

112.75

Gaotu Techedu Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Current Accrued Expense	Get a 7-Day Free Trial															29.47	87.12	81.51	86.88	112.75

Gaotu Techedu Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

Gaotu Techedu Current Accrued Expense Related Terms

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Gaotu Techedu (Gaotu Techedu) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Gaotu Techedu Inc (NYSE:GOTU) » Definitions » Current Accrued Expense

Comparable Companies

Traded in Other Exchanges

18WA:Germany

Address

10 Xibeiwang East Road, 5th Floor, Gientech Building, 17 East Zone, Haidian District, Beijing, CHN, 100193

Website

https://ir.gaotu.cn

Gaotu Techedu Inc is a technology-driven education company with core expertise in online K-12 courses. Its K-12 courses cover all primary and secondary grades. It also offers foreign language, professional, and interest courses. The company's segment includes the provision of education services. It operates solely in the PRC and all assets are located in the PRC.