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EDU (New Oriental Education & Technology Group) Current Accrued Expense : $678 Mil (As of Feb. 2025)


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What is New Oriental Education & Technology Group Current Accrued Expense?

New Oriental Education & Technology Group's Current Accrued Expense for the quarter that ended in Feb. 2025 was $678 Mil.

New Oriental Education & Technology Group's quarterly Current Accrued Expense declined from Aug. 2024 ($702 Mil) to Nov. 2024 ($687 Mil) and declined from Nov. 2024 ($687 Mil) to Feb. 2025 ($678 Mil).

New Oriental Education & Technology Group's annual Current Accrued Expense increased from May. 2022 ($260 Mil) to May. 2023 ($310 Mil) and increased from May. 2023 ($310 Mil) to May. 2024 ($443 Mil).

New Oriental Education & Technology Group Current Accrued Expense Historical Data

The historical data trend for New Oriental Education & Technology Group's Current 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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New Oriental Education & Technology Group Current Accrued Expense Chart

New Oriental Education & Technology Group Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Current Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 370.28 515.73 260.11 309.71 442.64

New Oriental Education & Technology Group Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
Current 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 623.55 442.64 702.09 686.54 677.83

New Oriental Education & Technology Group Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

New Oriental Education & Technology Group Current Accrued Expense Related Terms

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New Oriental Education & Technology Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » New Oriental Education & Technology Group Inc (NYSE:EDU) » Definitions » Current Accrued Expense
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Address
No. 6 Hai Dian Zhong Street, Haidian District, Beijing, CHN, 100080
Website
https://www.neworiental.org
New Oriental is a prominent private education provider in China, offering a wide array of educational services. These include overseas test preparation, consulting services, high school academic tutoring, nonacademic tutoring, and intelligent learning systems and devices. Additionally, the company holds a 57% ownership stake in East Buy, a leading player in the livestreaming e-commerce market.