Chegg's average Accounts Receivable for the
three
months ended in Mar. 2024 was $28.1 Mil. Chegg's Revenue for the
three
months ended in Mar. 2024 was $174.4 Mil.
Hence, Chegg's Days Sales Outstanding for the
three
months ended in Mar. 2024 was 14.69.
The historical rank and industry rank for Chegg's Days Sales Outstanding or its related term are showing as below:
CHGG'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.92 Med: 13.14 Max: 16.96
Current: 13.43
During the past 13 years, Chegg's highest Days Sales Outstanding was 16.96. The lowest was 6.92. And the median was 13.14.
CHGG's Days Sales Outstanding is ranked better than 66.67% of 249
companies
in the Education industry
Industry Median: 28.63
vs CHGG: 13.43
Chegg's Days Sales Outstanding
increased
from Mar. 2023 (11.07) to Mar. 2024 (14.69).
Chegg Days Sales Outstanding Historical Data
The historical data trend for Chegg's Days Sales Outstanding 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.
Competitive Comparison of Chegg's Days Sales Outstanding
For the Education & Training Services subindustry, Chegg's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Chegg's Days Sales Outstanding Distribution in the Education Industry
For the Education industry and Consumer Defensive sector, Chegg's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Chegg's Days Sales Outstanding falls into.
Chegg Days Sales Outstanding Calculation
Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.
* 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.
Chegg (NYSE:CHGG) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Chegg Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Chegg's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
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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