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Coursera (Coursera) Days Payable : 117.14 (As of Mar. 2024)


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What is Coursera Days Payable?

Coursera's average Accounts Payable for the three months ended in Mar. 2024 was $102.1 Mil. Coursera's Cost of Goods Sold for the three months ended in Mar. 2024 was $79.6 Mil. Hence, Coursera's Days Payable for the three months ended in Mar. 2024 was 117.14.

The historical rank and industry rank for Coursera's Days Payable or its related term are showing as below:

COUR' s Days Payable Range Over the Past 10 Years
Min: 78.91   Med: 97.09   Max: 112.1
Current: 112.1

During the past 5 years, Coursera's highest Days Payable was 112.10. The lowest was 78.91. And the median was 97.09.

COUR's Days Payable is ranked better than
79.15% of 211 companies
in the Education industry
Industry Median: 35.9 vs COUR: 112.10

Coursera's Days Payable increased from Mar. 2023 (103.77) to Mar. 2024 (117.14). It may suggest that Coursera delayed paying its suppliers.


Coursera Days Payable Historical Data

The historical data trend for Coursera's Days Payable 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.

* Premium members only.

Coursera Days Payable Chart

Coursera Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
85.69 78.91 97.09 109.70 99.85

Coursera Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable 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 103.77 112.18 103.59 114.19 117.14

Competitive Comparison of Coursera's Days Payable

For the Education & Training Services subindustry, Coursera's Days Payable, along with its competitors' market caps and Days Payable 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.


Coursera's Days Payable Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Coursera's Days Payable distribution charts can be found below:

* The bar in red indicates where Coursera's Days Payable falls into.



Coursera Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Coursera's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (66.375 + 101.041) / 2 ) / 305.993*365
=83.708 / 305.993*365
=99.85

Coursera's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (101.041 + 103.258) / 2 ) / 79.571*365 / 4
=102.1495 / 79.571*365 / 4
=117.14

* 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.


Coursera Days Payable Related Terms

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Coursera (Coursera) Business Description

Traded in Other Exchanges
Address
381 E. Evelyn Avenue, Mountain View, CA, USA, 94041
Coursera Inc is an online learning platform that connects learners, educators, and institutions with the goal of providing world-class educational content that is affordable, accessible, and relevant. It combines content, data, and technology into a single, unified platform that is customizable and extensible to both individual learners and institutions. The platform will contain a catalog of high-quality content and credentials, content developed by university and industry partners, data and machine learning drive personalized Learning, effective marketing, and skills Benchmarking and others. The company operates through three reporting segments: Consumer, Enterprise, and Degrees. Majority of revenue is generated from Consumer segment.
Executives
Jeffrey Nacey Maggioncalda director, officer: See Remarks 1804 EMBARCADERO ROAD, PALO ALTO CA 94303
Andrew Y. Ng director 381 E. EVELYN AVE., MOUNTAIN VIEW CA 94041
Shravan Goli officer: See Remarks 1040 AVENUE OF THE AMERICAS, NEW YORK NY 10016
Kenneth R Hahn officer: See Remarks C/O BORLAND SOFTWARE CORP, 100 ENTERPRISE WAY, SCOTTS VALLEY CA 95066-3249
Michele M Meyers officer: See Remarks 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32207
Richard J Jacquet officer: See Remarks BELL MICRO, 1941 RINGWOOD AVE., SAN JOSE CA 95131
Alan B Cardenas officer: SVP, General Counsel 381 E. EVELYN AVENUE, MOUNTAIN VIEW CA 94041
Leah F. Belsky officer: See Remarks 381 E. EVELYN AVE., MOUNTAIN VIEW CA 94041
Amanda Clark director PO BOX 99900, LOUISVILLE KY 40269
Susan W. Muigai director C/O TRANSUNION, 555 WEST ADAMS STREET, CHICAGO IL 60661
Sabrina Simmons director GAP INC., 2 FOLSOM STREET, SAN FRANCISCO CA 94105
Carmen Chang director 2855 SAND HILL ROAD, MENLO PARK CA 94025
Christopher D. Mccarthy director 381 E. EVELYYN AVE., MOUNTAIN VIEW CA 94041
Mustafa S. Furniturewala officer: SVP, Engineering 381 E. EVELYN AVE., MOUNTAIN VIEW CA 94041
Xueyan Wang officer: See Remarks 381 E. EVELYN AVE., MOUNTAIN VIEW CA 94041