CLPS (CLPS) Accounts Payable & Accrued Expense : $16.4 Mil (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is CLPS Accounts Payable & Accrued Expense?

CLPS's quarterly accounts payable & accrued expense declined from Dec. 2022 ($18.2 Mil) to Jun. 2023 ($14.1 Mil) but then increased from Jun. 2023 ($14.1 Mil) to Dec. 2023 ($16.4 Mil).

CLPS's annual accounts payable & accrued expense increased from Jun. 2021 ($15.2 Mil) to Jun. 2022 ($15.3 Mil) but then declined from Jun. 2022 ($15.3 Mil) to Jun. 2023 ($14.1 Mil).

CLPS Accounts Payable & Accrued Expense Historical Data

The historical data trend for CLPS'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.

* Premium members only.

CLPS Accounts Payable & Accrued Expense Chart

CLPS Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

8.85

13.44

15.17

15.32

14.13

CLPS Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial											18.08	15.32	18.23	14.13	16.42

CLPS 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.

CLPS (CLPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CLPS Inc (NAS:CLPS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

1UK:Germany

Address

c/o Unit 1000, 10th Floor, Millennium City III, 378 Kwun Tong Road, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.clpsglobal.com

CLPS Inc is a holding company. The company through its subsidiaries provides information technology consulting and solutions institutions in banking, insurance, and financial sectors, both in China and globally. Its products are Risk Control Platform, Transaction Acquiring Platform, Debt Collection Platform, Virtual Bank Training Platform, Credit Card System, and other related products. The company generates its revenue from IT consulting service, Customized IT solution service, and other. Generating majority of its revenue from the IT consulting service.