Puxin (NEWYY) Accounts Payable & Accrued Expense : $115.2 Mil (As of Jun. 2021)

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What is Puxin Accounts Payable & Accrued Expense?

Puxin's quarterly accounts payable & accrued expense declined from Dec. 2020 ($100.5 Mil) to Mar. 2021 ($96.0 Mil) but then increased from Mar. 2021 ($96.0 Mil) to Jun. 2021 ($115.2 Mil).

Puxin's annual accounts payable & accrued expense increased from Dec. 2018 ($51.4 Mil) to Dec. 2019 ($122.2 Mil) but then declined from Dec. 2019 ($122.2 Mil) to Dec. 2020 ($100.5 Mil).

Puxin Accounts Payable & Accrued Expense Historical Data

The historical data trend for Puxin'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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Puxin Accounts Payable & Accrued Expense Chart

Puxin Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Accounts Payable & Accrued Expense

25.03

51.85

51.37

122.25

100.51

Puxin Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial														124.81	111.44	100.51	96.04	115.16

Puxin 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.

Puxin (NEWYY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Puxin Ltd (OTCPK:NEWYY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

75 Suzhou Street, Haidian District, 5th Floor, Building 4, Dingjun Building, Beijing, CHN, 100080

Website

https://www.pxjy.com

Puxin Ltd provides education services. The company's segments consist of K-12 tutoring services and Study abroad tutoring services. Its K-12 tutoring services provide result-oriented educational services in group class settings and through personalized tutoring sessions as well as study plan tailored to fit a student's aptitude, grade level, past academic performance, future academic goals, and other pertinent factors. Study abroad tutoring services are designed to help students prepare for admission tests and applications for high schools, universities and graduate programs primarily in English-speaking countries. It generates a majority of its revenue from the K-12 tutoring services segment. Geographically, it operates in PRC.