Stride's average Accounts Receivable for the
three
months ended in Mar. 2024 was $544 Mil. Stride's Revenue for the
three
months ended in Mar. 2024 was $521 Mil.
Hence, Stride's Days Sales Outstanding for the
three
months ended in Mar. 2024 was 95.26.
The historical rank and industry rank for Stride's Days Sales Outstanding or its related term are showing as below:
LRN'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 66.11 Med: 74.56 Max: 94.87
Current: 94.87
During the past 13 years, Stride's highest Days Sales Outstanding was 94.87. The lowest was 66.11. And the median was 74.56.
LRN's Days Sales Outstanding is ranked worse than 79.12% of 249
companies
in the Education industry
Industry Median: 29.03
vs LRN: 94.87
Stride's Days Sales Outstanding
increased
from Mar. 2023 (88.95) to Mar. 2024 (95.26).
Stride Days Sales Outstanding Historical Data
The historical data trend for Stride'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.
Competitive Comparison of Stride's Days Sales Outstanding
For the Education & Training Services subindustry, Stride'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.
Stride's Days Sales Outstanding Distribution in the Education Industry
For the Education industry and Consumer Defensive sector, Stride's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Stride's Days Sales Outstanding falls into.
Stride 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.
* 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.
Stride (NYSE:LRN) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Stride Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Stride's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Stride Inc is an American online educational company. The company offers alternative programs to traditional on-campus schooling. It also operates state-funded virtual charter schools around the United States. The educational programs for K-12 students are usually monitored by parents and provide virtual classroom environments where teachers meet with students online, by phone, or in-person. The company's contractual agreements with various school districts to offer its curriculum programs provide a majority of the company's revenue. The company lines of business are Managed Public School Programs, Institutional, and Private Pay Schools and Other.
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