Chegg (STU:0CG) Accounts Payable & Accrued Expense : €86.2 Mil (As of Mar. 2024)

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What is Chegg Accounts Payable & Accrued Expense?

Chegg's quarterly accounts payable & accrued expense increased from Sep. 2023 (€85.6 Mil) to Dec. 2023 (€97.2 Mil) but then declined from Dec. 2023 (€97.2 Mil) to Mar. 2024 (€86.2 Mil).

Chegg's annual accounts payable & accrued expense increased from Dec. 2021 (€63.0 Mil) to Dec. 2022 (€78.0 Mil) and increased from Dec. 2022 (€78.0 Mil) to Dec. 2023 (€97.2 Mil).

Chegg Accounts Payable & Accrued Expense Historical Data

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

Chegg Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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42.59

56.71

62.96

77.98

97.25

Chegg 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															75.73	82.71	85.57	97.25	86.18

Chegg 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.

Chegg (STU:0CG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Chegg Inc (STU:0CG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CHGG:USA 0CG:Germany

Address

3990 Freedom Circle, Santa Clara, CA, USA, 95054

Website

https://www.chegg.com

Chegg Inc is an American educational services company. The Chegg platform provides products and services to support learners with their academic course materials, as well as their career and personal skills development. The company's service and product offerings fall into two categories: Subscription Services, which encompasses Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, and Busuu offerings that can be accessed internationally through the company's websites and on mobile devices, and Skills and Other, which encompasses skills, advertising services, print textbooks and eTextbooks offerings.

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