Coursera (FRA:90E) Receivables Turnover : 3.29 (As of Sep. 2024)

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What is Coursera Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Coursera's Revenue for the three months ended in Sep. 2024 was €158.7 Mil. Coursera's average Accounts Receivable for the three months ended in Sep. 2024 was €48.2 Mil. Hence, Coursera's Receivables Turnover for the three months ended in Sep. 2024 was 3.29.

Coursera Receivables Turnover Historical Data

The historical data trend for Coursera's Receivables Turnover 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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Coursera Receivables Turnover Chart

Coursera Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

11.07

9.96

11.50

12.18

10.36

Coursera Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															2.47	2.58	2.70	2.95	3.29

Competitive Comparison of Coursera's Receivables Turnover

For the Education & Training Services subindustry, Coursera's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.

Coursera's Receivables Turnover Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Coursera's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Coursera's Receivables Turnover falls into.

Coursera Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Coursera's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	582.996	/ (	(50.725	+	61.822)	/	2 )
=	582.996	/	56.2735
=	10.36

Coursera's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	158.656	/ (	(53.635	+	42.862)	/	2 )
=	158.656	/	48.2485
=	3.29

Coursera (FRA:90E) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Coursera Receivables Turnover Related Terms

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Coursera Business Description

Industry

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COUR:USA

Address

381 E. Evelyn Avenue, Mountain View, CA, USA, 94041

Website

https://www.coursera.org

Coursera Inc is an online learning platform that connects learners, educators, and institutions with the goal of providing educational content that is affordable, accessible, and relevant. It combines content, data, and technology into a single, unified platform that is customizable and extensible to both individual learners and institutions. The company operates through three reporting segments: Consumer, Enterprise, and Degrees. The majority of revenue is generated from the Consumer segment. The consumer segment targets individual learners seeking to obtain hands-on learning, gain valuable job skills, receive professional-level certifications, and otherwise increase their knowledge to start or advance their careers.

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