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TAL Education Group (TAL Education Group) Change In Receivables : $0 Mil (TTM As of Nov. 2023)


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What is TAL Education Group Change In Receivables?

TAL Education Group's change in receivables for the quarter that ended in Nov. 2023 was $0 Mil. It means TAL Education Group's Accounts Receivable stayed the same from Aug. 2023 to Nov. 2023 .

TAL Education Group's change in receivables for the fiscal year that ended in Feb. 2023 was $15 Mil. It means TAL Education Group's Accounts Receivable declined by $15 Mil from Feb. 2022 to Feb. 2023 .

TAL Education Group's Accounts Receivable for the quarter that ended in Nov. 2023 was $0 Mil.

Days Sales Outstanding measures of 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. TAL Education Group's Days Sales Outstanding for the three months ended in Nov. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. TAL Education Group's liquidation value for the three months ended in Nov. 2023 was $1,882 Mil.


TAL Education Group Change In Receivables Historical Data

The historical data trend for TAL Education Group's Change In Receivables 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.

TAL Education Group Change In Receivables Chart

TAL Education Group Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.20 -5.93 -3.35 -4.30 14.64

TAL Education Group Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Change In Receivables 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 - - - - -

TAL Education Group Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

* 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.


TAL Education Group  (NYSE:TAL) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of 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.

TAL Education Group's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/373.506*91
=0.00

2. In Ben Graham's calculation of liquidation value, TAL Education Group's accounts receivable are only considered to be worth 75% of book value:

TAL Education Group's liquidation value for the quarter that ended in Nov. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3167.598-1314.902+0.75 * 0+0.5 * 59.013
=1,882

* 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.


TAL Education Group Change In Receivables Related Terms

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TAL Education Group (TAL Education Group) Business Description

Address
Xiaoying West Street, 5th Floor, Tower B, Heying Center, Haidian District, Beijing, CHN, 100085
TAL Education Group is a smart learning solutions provider in China. K-9 academic afterschool tutoring used to account for the majority of TAL's revenue before the regulatory changes in 2021 that imposed a nonprofit requirement on the business. After spinning off its K-9 academic afterschool tutoring business, TAL realigned its focus toward enrichment learning, content solutions, and learning technology solutions.

TAL Education Group (TAL Education Group) Headlines