LEAI (Legacy Education Alliance) Accounts Payable & Accrued Expense: $8.12 Mil (As of Mar. 2024)

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What is Legacy Education Alliance Accounts Payable & Accrued Expense?

Legacy Education Alliance LEAI Accounts Payable & Accrued Expense is $8.12 Mil as of Mar. 2024.

Legacy Education Alliance's quarterly accounts payable & accrued expense declined from Sep. 2023 ($7.78 Mil) to Dec. 2023 ($7.31 Mil) but then increased from Dec. 2023 ($7.31 Mil) to Mar. 2024 ($8.12 Mil).

Legacy Education Alliance's annual accounts payable & accrued expense increased from Dec. 2021 ($5.22 Mil) to Dec. 2022 ($6.06 Mil) and increased from Dec. 2022 ($6.06 Mil) to Dec. 2023 ($7.31 Mil).

Legacy Education Alliance Accounts Payable & Accrued Expense Historical Data

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The historical data trend for Legacy Education Alliance'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.

Legacy Education Alliance Accounts Payable & Accrued Expense Chart

Legacy Education Alliance Annual Data
Trend Sep14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.16 6.11 5.22 6.06 7.31

Legacy Education Alliance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.81 7.38 7.78 7.31 8.12

Legacy Education Alliance 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.

What does a Accounts Payable & Accrued Expense of $8.12 Mil mean?
Legacy Education Alliance (LEAI) has a Accounts Payable & Accrued Expense of $8.12 Mil as of Mar. 2024. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Legacy Education Alliance and its competitors.
Is Legacy Education Alliance's Accounts Payable & Accrued Expense too high?
Legacy Education Alliance's current Accounts Payable & Accrued Expense is $8.12 Mil.
How does Legacy Education Alliance's Accounts Payable & Accrued Expense compare to TAL and EDU?
Legacy Education Alliance's Accounts Payable & Accrued Expense of $8.12 Mil can be compared against companies in the Education industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable & Accrued Expense for an Education company?
A good Accounts Payable & Accrued Expense depends on the Education industry context. However, Accounts Payable & Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable & Accrued Expense mean?
A high Accounts Payable & Accrued Expense can signal that a stock is expensive relative to its fundamentals. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Legacy Education Alliance and its competitors. Legacy Education Alliance's current Accounts Payable & Accrued Expense is $8.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legacy Education Alliance stock overvalued right now?
Legacy Education Alliance (LEAI) has a current Accounts Payable & Accrued Expense of $8.12 Mil. The current Accounts Payable & Accrued Expense is $8.12 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable & Accrued Expense calculated?
Accounts Payable & Accrued Expense is calculated from a company's financial statements. For Legacy Education Alliance (LEAI), the current Accounts Payable & Accrued Expense is $8.12 Mil as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Legacy Education Alliance Business Description

Address 120 N. Main Street, New City, NY, USA, 10956
Legacy Education Alliance Inc is engaged in the provision of educational training seminars, conferences, and services. It offers comprehensive instruction and mentorship in the areas of personal finance, entrepreneurship, real estate investing strategies, and techniques. Some of its brands are Homemade Investor, and Building Wealth with Legacy. Its geographical segments are North America, the United Kingdom, and Other foreign markets, of which the majority of its revenue comes from North America.