Strategic Education (Strategic Education) Days Sales Outstanding

: 26.16 (As of Dec. 2023)

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Strategic Education's average Accounts Receivable for the three months ended in Dec. 2023 was $87 Mil. Strategic Education's Revenue for the three months ended in Dec. 2023 was $303 Mil. Hence, Strategic Education's Days Sales Outstanding for the three months ended in Dec. 2023 was 26.16.

The historical rank and industry rank for Strategic Education's Days Sales Outstanding or its related term are showing as below:

STRA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.41 Med: 17.79 Max: 25.18
Current: 25.18

During the past 13 years, Strategic Education's highest Days Sales Outstanding was 25.18. The lowest was 13.41. And the median was 17.79.

STRA's Days Sales Outstanding is ranked better than
52.42% of 248 companies
in the Education industry
Industry Median: 28.14 vs STRA: 25.18

Strategic Education's Days Sales Outstanding increased from Dec. 2022 (24.45) to Dec. 2023 (26.16).

Strategic Education Days Sales Outstanding Historical Data

The historical data trend for Strategic Education'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.

* Premium members only.

Strategic Education Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

19.62

18.06

16.36

19.57

22.40

Strategic Education Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding																24.45	23.97	24.46	28.69	26.16

Competitive Comparison

For the Education & Training Services subindustry, Strategic Education'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.

Strategic Education Days Sales Outstanding Distribution

For the Education industry and Consumer Defensive sector, Strategic Education's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Strategic Education's Days Sales Outstanding falls into.

Strategic Education 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.

Accounts Receivable can be measured by Days Sales Outstanding.

Strategic Education's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (62.953	+	76.102)	/	2 )	/	1132.924	*	365
=	69.5275					/	1132.924	*	365
=	22.40

Strategic Education's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (97.429	+	76.102)	/	2 )	/	302.702	*	365 / 4
=	86.7655					/	302.702	*	365 / 4
=	26.16

Strategic Education (NAS:STRA) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Strategic Education Days Sales Outstanding Related Terms

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Strategic Education (Strategic Education) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Strategic Education Inc (NAS:STRA) » Definitions » Days Sales Outstanding

Comparable Companies

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