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STG (Sunlands Technology Group) Accounts Payable & Accrued Expense : $59.5 Mil (As of Sep. 2024)


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What is Sunlands Technology Group Accounts Payable & Accrued Expense?

Sunlands Technology Group's quarterly accounts payable & accrued expense increased from Mar. 2024 ($58.0 Mil) to Jun. 2024 ($58.5 Mil) and increased from Jun. 2024 ($58.5 Mil) to Sep. 2024 ($59.5 Mil).

Sunlands Technology Group's annual accounts payable & accrued expense declined from Dec. 2021 ($50.0 Mil) to Dec. 2022 ($39.4 Mil) and declined from Dec. 2022 ($39.4 Mil) to Dec. 2023 ($32.9 Mil).

Sunlands Technology Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sunlands Technology 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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Sunlands Technology Group Accounts Payable & Accrued Expense Chart

Sunlands Technology Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only 50.34 63.67 50.02 39.37 32.95

Sunlands Technology Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 52.08 32.95 57.97 58.46 59.46

Sunlands Technology 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.

Sunlands Technology Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Sunlands Technology Group (NYSE:STG) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
S790:Germany
Address
No. 36 Chuangyuan Road, Building No. 4-6, Chaolai Science Park, Chaoyang District, Beijing, CHN, 100012
Website
https://www.sunlands.com
Sunlands Technology Group is a provider of online post-secondary and professional education services in China. The company offers various degree- and diploma-oriented post-secondary courses through its online platforms. In addition, it provides online professional courses and educational content to help students prepare for professional certification exams and attain professional skills. The Group has one operating segment, which is the provision of online education services.