GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » 2U Inc (FRA:2U1) » Definitions » Days Sales Outstanding

2U (FRA:2U1) Days Sales Outstanding : 21.37 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is 2U Days Sales Outstanding?

2U's average Accounts Receivable for the three months ended in Mar. 2024 was €42.7 Mil. 2U's Revenue for the three months ended in Mar. 2024 was €182.5 Mil. Hence, 2U's Days Sales Outstanding for the three months ended in Mar. 2024 was 21.37.

The historical rank and industry rank for 2U's Days Sales Outstanding or its related term are showing as below:

FRA:2U1' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.81   Med: 15.88   Max: 23.11
Current: 23.11

During the past 13 years, 2U's highest Days Sales Outstanding was 23.11. The lowest was 0.81. And the median was 15.88.

FRA:2U1's Days Sales Outstanding is ranked better than
54.4% of 250 companies
in the Education industry
Industry Median: 28.63 vs FRA:2U1: 23.11

2U's Days Sales Outstanding increased from Mar. 2023 (20.05) to Mar. 2024 (21.37).


2U Days Sales Outstanding Historical Data

The historical data trend for 2U'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.

* Premium members only.

2U Days Sales Outstanding Chart

2U Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.96 15.03 19.34 20.25 17.90

2U Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Sales Outstanding 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 20.05 25.34 27.09 20.70 21.37

Competitive Comparison of 2U's Days Sales Outstanding

For the Education & Training Services subindustry, 2U'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.


2U's Days Sales Outstanding Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, 2U's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where 2U's Days Sales Outstanding falls into.



2U 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.

Accounts Receivable can be measured by Days Sales Outstanding.

2U's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

Days Sales Outstanding (A: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (45.246 + 39.815) / 2 ) / 867.439*365
=42.5305 / 867.439*365
=17.90

2U's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding (Q: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (39.815 + 45.679) / 2 ) / 182.507*365 / 4
=42.747 / 182.507*365 / 4
=21.37

* 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.


2U  (FRA:2U1) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


2U Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of 2U's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


2U (FRA:2U1) Business Description

Traded in Other Exchanges
Address
7900 Harkins Road, Lanham, MD, USA, 20706
2U Inc provides educational technology services for nonprofit colleges and universities. It builds, delivers, and monitors educational platforms that enable online delivery of degree programs and alternative credentials such as short technical courses. The company provides cloud-based software-as-a-service platform and various technology-enabled services such as learning technology, live class application monitoring, content development, marketing, among others that help its clients to reach students globally. It is organized in two reportable business segments: Degree Program segment and Alternative Credential segment. The vast majority of revenue comes from the company's Degree Program segment, and most of the company's revenue is earned in the United States.

2U (FRA:2U1) Headlines

No Headlines