TIRX (Tian Ruixiang Holdings) Accounts Payable & Accrued Expense : $4.91 Mil (As of Oct. 2024)

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What is Tian Ruixiang Holdings Accounts Payable & Accrued Expense?

Tian Ruixiang Holdings's quarterly accounts payable & accrued expense increased from Oct. 2023 ($3.01 Mil) to Apr. 2024 ($5.56 Mil) but then declined from Apr. 2024 ($5.56 Mil) to Oct. 2024 ($4.91 Mil).

Tian Ruixiang Holdings's annual accounts payable & accrued expense increased from Oct. 2022 ($1.40 Mil) to Oct. 2023 ($3.01 Mil) and increased from Oct. 2023 ($3.01 Mil) to Oct. 2024 ($4.91 Mil).

Tian Ruixiang Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tian Ruixiang Holdings'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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Tian Ruixiang Holdings Accounts Payable & Accrued Expense Chart

Tian Ruixiang Holdings Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Accounts Payable & Accrued Expense

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1.10

0.70

1.40

3.01

4.91

Tian Ruixiang Holdings Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										1.40	2.35	3.01	5.56	4.91

Tian Ruixiang Holdings 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.

Tian Ruixiang Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Tian Ruixiang Holdings Ltd (NAS:TIRX) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Room 918, Jingding Building, Xicheng District, Beijing, CHN, 100000

Website

http://www.tianrx.com

Tian Ruixiang Holdings Ltd is an Insurance Brokerage firm. It distributes a wide range of insurance products, which are categorized into two groups; property and casualty insurance, such as commercial property insurance, liability insurance, accidental insurance, and automobile insurance; and other insurances, such as health insurance, life insurance, and miscellaneous insurances. It also generates a small amount of revenue from risk management services. The firm act on behalf of its customers seeking insurance coverage from insurance companies. It generates revenue from the provision of insurance brokerage services.