Arco Platform (Arco Platform) Accounts Payable & Accrued Expense : $219.8 Mil (As of Jun. 2023)

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What is Arco Platform Accounts Payable & Accrued Expense?

Arco Platform's quarterly accounts payable & accrued expense increased from Dec. 2022 ($244.3 Mil) to Mar. 2023 ($254.3 Mil) but then declined from Mar. 2023 ($254.3 Mil) to Jun. 2023 ($219.8 Mil).

Arco Platform's annual accounts payable & accrued expense increased from Dec. 2020 ($146.0 Mil) to Dec. 2021 ($167.7 Mil) and increased from Dec. 2021 ($167.7 Mil) to Dec. 2022 ($244.3 Mil).

Arco Platform Accounts Payable & Accrued Expense Historical Data

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

Arco Platform Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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9.15

51.66

146.04

167.74

244.32

Arco Platform Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															204.52	200.36	244.32	254.33	219.84

Arco Platform 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.

Arco Platform (Arco Platform) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Arco Platform Ltd (NAS:ARCE) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

Rua Augusta 2840, 9th Floor, Suite 91, Consolacao, Sao Paulo, SP, BRA, 01412-100

Website

https://www.arcoeducacao.com.br

Arco Platform Ltd provides a complete pedagogical system with technology-enabled features to deliver educational content to private schools in Brazil. Its turnkey curriculum solutions provide educational content in both printed and digital formats delivered through its platform to improve the learning process. Its operating segment includes Core Curriculum and Supplemental Solutions. It generates maximum revenue from the Core Curriculum segment. The Core Curriculum business segment provides solutions that address the Brazilian K-12 curriculum requirements through a personalized and interactive learning experience. Students Access content in various formats, such as digital, video, print, and other audiovisual formats that are aligned with the daily curriculum of their classes.