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Raffles Education (Raffles Education) Accounts Payable & Accrued Expense : $36.39 Mil (As of Dec. 2023)


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What is Raffles Education Accounts Payable & Accrued Expense?

Raffles Education's quarterly accounts payable & accrued expense increased from Dec. 2022 ($40.09 Mil) to Jun. 2023 ($40.33 Mil) but then declined from Jun. 2023 ($40.33 Mil) to Dec. 2023 ($36.39 Mil).

Raffles Education's annual accounts payable & accrued expense declined from Jun. 2021 ($43.59 Mil) to Jun. 2022 ($41.14 Mil) and declined from Jun. 2022 ($41.14 Mil) to Jun. 2023 ($40.33 Mil).


Raffles Education Accounts Payable & Accrued Expense Historical Data

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

Raffles Education Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.90 31.67 43.59 41.14 40.33

Raffles Education Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Jun23 Dec23
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 34.14 41.14 40.09 40.33 36.39

Raffles 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.


Raffles Education (Raffles Education) Business Description

Traded in Other Exchanges
Address
111 Somerset, Unit No. 15-22, Singapore, SGP, 238164
Raffles Education Ltd operates as an investment holding company, which engages in providing business and management consultancy services. It operates through the following business segments: Education, Education Facilities Rental Service, Real Estate Investment and Development, and Corporate and Others. The Education segment offers students a range of degree, diploma and full-time certification programmes in design and business-oriented disciplines at the post-secondary level. The Education Facilities Rental Service segment refers to the OUCHK engaging in education facilities leasing and commercial leasing for supporting facilities. The Real Estate Investment and Development segment participates in real estate investments and development.

Raffles Education (Raffles Education) Headlines