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China General Education Group (HKSE:02175) Accounts Payable & Accrued Expense : HK$109.5 Mil (As of Feb. 2022)


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What is China General Education Group Accounts Payable & Accrued Expense?

China General Education Group's quarterly accounts payable & accrued expense increased from Feb. 2021 (HK$0.0 Mil) to Aug. 2021 (HK$110.8 Mil) but then declined from Aug. 2021 (HK$110.8 Mil) to Feb. 2022 (HK$109.5 Mil).

China General Education Group's annual accounts payable & accrued expense declined from Aug. 2019 (HK$104.4 Mil) to Aug. 2020 (HK$102.3 Mil) but then increased from Aug. 2020 (HK$102.3 Mil) to Aug. 2021 (HK$110.8 Mil).


China General Education Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for China General Education Group'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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China General Education Group Accounts Payable & Accrued Expense Chart

China General Education Group Annual Data
Trend Aug18 Aug19 Aug20 Aug21
Accounts Payable & Accrued Expense
83.50 104.41 102.28 110.77

China General Education Group Semi-Annual Data
Aug18 Aug19 Aug20 Feb21 Aug21 Feb22
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 104.41 102.28 - 110.77 109.47

China General Education Group 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.


China General Education Group (HKSE:02175) Business Description

Traded in Other Exchanges
N/A
Address
No. 99 Wucheng South Road, Xiaodian District, Shanxi Province, Taiyuan, CHN
China General Education Group Ltd is principally engaged in the provision of higher education services. The company operates one college, Shanxi Technology and Business College, in which it offers bachelor's degree programs in a total of around 39 majors including three concentrations to undergraduate students including accounting, auditing, civil engineering and business administration.

China General Education Group (HKSE:02175) Headlines

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