Strategic Education (Strategic Education) Change In Receivables : $-11 Mil (TTM As of Mar. 2024)

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What is Strategic Education Change In Receivables?

Strategic Education's change in receivables for the quarter that ended in Mar. 2024 was $-7 Mil. It means Strategic Education's Accounts Receivable increased by $7 Mil from Dec. 2023 to Mar. 2024 .

Strategic Education's change in receivables for the fiscal year that ended in Dec. 2023 was $-13 Mil. It means Strategic Education's Accounts Receivable increased by $13 Mil from Dec. 2022 to Dec. 2023 .

Strategic Education's Accounts Receivable for the quarter that ended in Mar. 2024 was $83 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. Strategic Education's Days Sales Outstanding for the three months ended in Mar. 2024 was 26.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Strategic Education's liquidation value for the three months ended in Mar. 2024 was $-197 Mil.

Strategic Education Change In Receivables Historical Data

The historical data trend for Strategic Education'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.

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Strategic Education Change In Receivables Chart

Strategic Education Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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1.77

19.66

-0.20

-12.56

-12.87

Strategic Education Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-8.89	-10.73	-15.49	22.24	-7.18

Strategic Education 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11 Mil.

Strategic Education (NAS:STRA) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	83.082	/	290.25	*	91
=	26.12

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

Strategic Education's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	253.564	-	512.653	+	0.75 * 83.082	+	0.5 * 0
=	-197

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Strategic Education (Strategic Education) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Strategic Education Inc (NAS:STRA) » Definitions » Change In Receivables

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Traded in Other Exchanges

SQE:Germany

Address

2303 Dulles Station Boulevard, Herndon, VA, USA, 20171

Website

https://www.strategiceducation.com

Strategic Education Inc. is an education services company that provides access to high-quality education through campus-based and online post-secondary education offerings, as well as through programs to develop job-ready skills for high-demand markets. The company operates through wholly-owned subsidiaries Strayer University and Capella University, both accredited post-secondary institutions of higher education located in the United States, as well as Torrens University, an accredited post-secondary institution of higher education located in Australia. It provide employees with access to affordable and industry relevant training, certificate, and degree programs.

Executives

Viet D Dinh	director	GEORGETOWN UNIVERSITY LAW CENTER, 600 NEW JERSEY AVENUE NW, WASHINGTON DC 20001
Robert R Grusky	director	C/O STRAYER EDUCATION INC, 2303 DULLES STATION BOULEVARD, HERNDON VA 20171
Raymond Karl Mcdonnell	officer: President and COO	C/O STRAYER EDUCATION INC, 2303 DULLES STATION BOULEVARD, HERNDON VA 20171
Daniel Wayne Jackson	officer: Vice President - Operations	C/O STRAYER EDUCATION INC., 2303 DULLES STATION BOULEVARD, HERNDON VA 20171
Michael Thawley	director	C/O STRATEGIC EDUCATION, INC., 2303 DULLES STATION BOULEVARD, HERNDON VA 20171
Robert S Silberman	director, officer: Chairman & CEO	C/O STRAYER EDUCATION INC, 2303 DULLES STATION BOULEVARD, HERNDON VA 20171
Michael A. Mcrobbie	director	C/O STRATEGIC EDUCATION, INC., 2303 DULLES STATION BOULEVARD, HERNDON VA 20171
William J Slocum	director	C/O INCLUSIVE CAPITAL PARTNERS, L.P., 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Tal Darmon	officer: Chief Accounting Officer	650 SOUTH EXETER STREET, BALTIMORE MD 21202
Jerry Lavell Johnson	director	512 HERNDON PARKWAY, SUITE A, HERNDON VA 20170
Casteen John T Iii	director	301 S. COLLEGE STREET, 30TH FLOOR, NC0630, CHARLOTTE NC 28288-0630
J Kevin Gilligan	director, officer: Executive Vice Chairman	P O BOX 1441, MINNEAPOLIS MN 55440-1441
Andrew E Watt	officer: Chief Operating Officer	225 SOUTH SIXTH STREET, 9TH FLOOR, MINNEAPOLIS MN 55402
Lizette Benedi Herraiz	officer: SVP and General Counsel	2303 DULLES STATION BOULEVARD, HERNDON VA 20171
Thomas J Aprahamian	officer: Chief Accounting Officer	2303 DULLES STATION BOULEVARD, HERNDON VA 20171