Chegg (CHGG) Total Current Assets : $414.8 Mil (As of Dec. 2023)

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What is Chegg Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Chegg's total current assets for the quarter that ended in Dec. 2023 was $414.8 Mil.

Chegg Total Current Assets Historical Data

The historical data trend for Chegg's Total Current Assets 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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Chegg Total Current Assets Chart

Chegg Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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807.27

1,182.96

1,622.65

1,144.40

414.84

Chegg Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial															1,144.40	637.48	446.72	347.70	414.84

Chegg Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Chegg's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	330.014	+	31.404	+	0	+	53.417
	=	414.8

Chegg's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	330.014	+	31.404	+	0	+	53.417
	=	414.8

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Chegg (NYSE:CHGG) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Chegg's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	330.014	-	782.617	+	0.75 * 31.404	+	0.5 * 0
=	-429.1

Chegg Total Current Assets Related Terms

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Chegg (CHGG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Chegg Inc (NYSE:CHGG) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

0CG:Germany 0CG:Germany

Address

3990 Freedom Circle, Santa Clara, CA, USA, 95054

Website

https://www.chegg.com

Chegg Inc is an American educational services company. The Chegg platform provides products and services to support learners with their academic course materials, as well as their career and personal skills development. The company's service and product offerings fall into two categories: Subscription Services, which encompasses Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, and Busuu offerings that can be accessed internationally through the company's websites and on mobile devices, and Skills and Other, which encompasses skills, advertising services, print textbooks and eTextbooks offerings.

Executives

Nathan J. Schultz	officer: Chief Content Officer	C/O CHEGG, INC., 3990 FREEDOM CIRCLE, SANTA CLARA CA 95054
Andrew J Brown	officer: Chief Financial Officer	C/O PALMONE, INC., 400 N. MCCARTHY BLVD., MILPITAS CA 95035
Esther Lem	officer: Chief Marketing Officer	C/O CHEGG, INC., 3990 FREEDOM CIRCLE, SANTA CLARA CA 95054
Paul Leblanc	director	3990 FREEDOM CIRCLE, SANTA CLARA CA 95054
Marcela Martin	director	C/O SQUARESPACE, INC., 225 VARICK STREET, 12TH FLOOR, NEW YORK NY 10014
David Longo	officer: Chief Accounting Officer	3990 FREEDOM DR, SANTA CLARA CA 95054
Ted Schlein	director, 10 percent owner	2750 DANS HILL ROAD, MENLO PARK CA 94025
Daniel Rosensweig	director, officer: President, CEO & Chairman	C/O YAHOO INC, 701 FIRST AVE, SUNNYVALE CA 94089
John Paul Fillmore	officer: CHIEF BUSINESS OFFICER	3990 FREEDOM CIRCLE, SANTA CLARA CA 95054
Sarah Bond	director	C/O ZUORA, INC., 101 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065
Robin Tomasello	officer: VP, CORPORATE CONTROLLER	C/O SENTINELONE, INC., 444 CASTRO ST., SUITE 400, MOUNTAIN VIEW CA 94041
John E. York	director	C/O CHEGG, INC., 3990 FREEDOM CIRCLE, SANTA CLARA CA 95054
Richard Sarnoff	director	C/O AUDIBLE INC, 65 WILLOWBROOK BLVD, WAYNE NJ 07470
Marne L. Levine	director	C/O CHEGG, INC., 3990 FREEDOM CIRCLE, SANTA CLARA CA 95054
Michael A. Osier	officer: Chief Information Officer	C/O CHEGG, INC., 3990 FREEDOM CIRCLE, SANTA CLARA CA 95054