China Xinhua Education Group (HKSE:02779) Accounts Payable & Accrued Expense : HK$98.8 Mil (As of Dec. 2023)

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

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

China Xinhua Education Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$107.5 Mil) to Jun. 2023 (HK$193.6 Mil) but then declined from Jun. 2023 (HK$193.6 Mil) to Dec. 2023 (HK$98.8 Mil).

China Xinhua Education Group's annual accounts payable & accrued expense declined from Dec. 2021 (HK$120.3 Mil) to Dec. 2022 (HK$107.5 Mil) and declined from Dec. 2022 (HK$107.5 Mil) to Dec. 2023 (HK$98.8 Mil).

China Xinhua Education Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Xinhua 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.

* Premium members only.

China Xinhua Education Group Accounts Payable & Accrued Expense Chart

China Xinhua Education Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

84.24

137.75

120.32

107.49

98.78

China Xinhua Education Group Semi-Annual Data
	Dec14	Dec15	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												120.32	284.96	107.49	193.59	98.78

China Xinhua 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 Xinhua Education Group (HKSE:02779) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Xinhua Education Group Ltd (HKSE:02779) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 555 West Wangjiangxi Road, High-Tech Development Zone, Anhui Province, Hefei, CHN, 230088

Website

http://www.chinaxhedu.com

China Xinhua Education Group Ltd is principally engaged in the provision of education services in China. It mainly provides private formal higher education and formal secondary vocational education in the Yangtze River Delta. It currently operates four private schools, namely Anhui Xinhua University, School of Clinical Medicine jointly operated by the Group and Anhui Medical University, Hongshan College, a college jointly operated by the Group and Nanjing University of Finance & Economics Hongshan College, and Anhui Xinhua School. The company generates revenues from tuition fees, and boarding fees out of which tuition fees contribute the majority part.

China Xinhua Education Group (HKSE:02779) Headlines

No Headlines