China Education Resources (TSXV:CHN.H) Accounts Payable & Accrued Expense : C$8.81 Mil (As of Sep. 2021)

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What is China Education Resources Accounts Payable & Accrued Expense?

China Education Resources's quarterly accounts payable & accrued expense increased from Mar. 2021 (C$6.27 Mil) to Jun. 2021 (C$8.66 Mil) and increased from Jun. 2021 (C$8.66 Mil) to Sep. 2021 (C$8.81 Mil).

China Education Resources's annual accounts payable & accrued expense declined from Dec. 2018 (C$8.57 Mil) to Dec. 2019 (C$8.16 Mil) and declined from Dec. 2019 (C$8.16 Mil) to Dec. 2020 (C$6.92 Mil).

China Education Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Education Resources'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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China Education Resources Accounts Payable & Accrued Expense Chart

China Education Resources Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Accounts Payable & Accrued Expense

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10.06

9.15

8.57

8.16

6.92

China Education Resources Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															7.46	6.92	6.27	8.66	8.81

China Education Resources 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.

China Education Resources (TSXV:CHN.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Education Resources Inc (TSXV:CHN.H) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

515 West Pender Street, Suite 300, Vancouver, BC, CAN, V6B 6H5

Website

http://www.chinaeducationresources.com

China Education Resources Inc provides an education internet portal with educational content, resources, and training programs to users and distributes educational textbooks and materials developed to bookstores and schools in China. The operations of the company are primarily in two geographic areas: Canada and China. China generates maximum revenue for the company.

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