The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Coursera's Revenue for the
three
months ended in Mar. 2024 was $169.1 Mil. Coursera's average Accounts Receivable for the
three
months ended in Mar. 2024 was $62.8 Mil.
Hence, Coursera's Receivables Turnover for the
three
months ended in Mar. 2024 was 2.69.
Coursera Receivables Turnover Historical Data
The historical data trend for Coursera's Receivables Turnover 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 Coursera's Receivables Turnover
For the Education & Training Services subindustry, Coursera's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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 Receivables Turnover Distribution in the Education Industry
For the Education industry and Consumer Defensive sector, Coursera's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Coursera's Receivables Turnover falls into.
Coursera Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Coursera's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.
Coursera Receivables Turnover Related Terms
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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.
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