Leader Education (HKSE:01449) Accounts Payable & Accrued Expense : HK$98.0 Mil (As of Feb. 2024)

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What is Leader Education Accounts Payable & Accrued Expense?

Leader Education's quarterly accounts payable & accrued expense increased from Feb. 2023 (HK$68.5 Mil) to Aug. 2023 (HK$70.1 Mil) and increased from Aug. 2023 (HK$70.1 Mil) to Feb. 2024 (HK$98.0 Mil).

Leader Education's annual accounts payable & accrued expense declined from Aug. 2021 (HK$97.8 Mil) to Aug. 2022 (HK$86.4 Mil) and declined from Aug. 2022 (HK$86.4 Mil) to Aug. 2023 (HK$70.1 Mil).

Leader Education Accounts Payable & Accrued Expense Historical Data

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

Leader Education Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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111.20

76.26

97.78

86.39

70.12

Leader Education Semi-Annual Data
	Aug17	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								86.85	86.39	68.48	70.12	97.96

Leader 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.

Leader Education (HKSE:01449) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Leader Education Ltd (HKSE:01449) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Qunying Jie No. 33, Xueyuan Road, Limin Development Zone, Heilongjiang Province, Harbin, CHN, 150025

Website

https://www.hibu.edu.cn

Leader Education Ltd is engaged in providing private higher education services in the People's Republic of China. The school is a degree-granting private formal university-level education institution that offers around 26 undergraduate majors in a wide range of subject areas, including engineering, management, economics, literature, and arts.

Executives

Huatai Securities Co., Ltd.	2201 Interest of corporation controlled by you
Shuren Education Limited	2101 Beneficial owner
Dong Ling	2201 Interest of corporation controlled by you
Liu Laixiang	2202 Interest of your spouse
Junhua Education Limited	2101 Beneficial owner

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