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Coursera (Coursera) Asset Turnover : 0.18 (As of Mar. 2024)


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What is Coursera Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Coursera's Revenue for the three months ended in Mar. 2024 was $169.1 Mil. Coursera's Total Assets for the quarter that ended in Mar. 2024 was $918.4 Mil. Therefore, Coursera's Asset Turnover for the quarter that ended in Mar. 2024 was 0.18.

Asset Turnover is linked to ROE % through Du Pont Formula. Coursera's annualized ROE % for the quarter that ended in Mar. 2024 was -13.88%. It is also linked to ROA % through Du Pont Formula. Coursera's annualized ROA % for the quarter that ended in Mar. 2024 was -9.26%.


Coursera Asset Turnover Historical Data

The historical data trend for Coursera's Asset 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.

* Premium members only.

Coursera Asset Turnover Chart

Coursera Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
0.78 0.90 0.60 0.55 0.68

Coursera Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Asset Turnover 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 0.15 0.16 0.18 0.18 0.18

Competitive Comparison of Coursera's Asset Turnover

For the Education & Training Services subindustry, Coursera's Asset Turnover, along with its competitors' market caps and Asset 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 Asset Turnover Distribution in the Education Industry

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

* The bar in red indicates where Coursera's Asset Turnover falls into.



Coursera Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=635.764/( (947.597+920.533)/ 2 )
=635.764/934.065
=0.68

Coursera's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=169.068/( (920.533+916.303)/ 2 )
=169.068/918.418
=0.18

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Coursera  (NYSE:COUR) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Coursera's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-85.024/612.654
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-85.024 / 676.272)*(676.272 / 918.418)*(918.418/ 612.654)
=Net Margin %*Asset Turnover*Equity Multiplier
=-12.57 %*0.7363*1.4991
=ROA %*Equity Multiplier
=-9.26 %*1.4991
=-13.88 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Coursera's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-85.024/918.418
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-85.024 / 676.272)*(676.272 / 918.418)
=Net Margin %*Asset Turnover
=-12.57 %*0.7363
=-9.26 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Coursera Asset Turnover Related Terms

Thank you for viewing the detailed overview of Coursera's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


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