GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Coursera Inc (NYSE:COUR) » Definitions » Accounts Receivable

Coursera (Coursera) Accounts Receivable : $58.3 Mil (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Coursera Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Coursera's accounts receivables for the quarter that ended in Mar. 2024 was $58.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Coursera's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 31.44.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Coursera's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $2.94.


Coursera Accounts Receivable Historical Data

The historical data trend for Coursera's Accounts Receivable 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.

Coursera Accounts Receivable Chart

Coursera Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
16.66 40.72 34.40 53.73 67.42

Coursera Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 68.20 73.21 62.10 67.42 58.25

Coursera Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Coursera Accounts Receivable 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 receivables are being managed.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=58.254/169.068*91
=31.44

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Coursera's accounts receivable are only considered to be worth 75% of book value:

Coursera's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(725.363+0.75 * 58.254+0.5 * 0-307.189
-0-0)/157.158
=2.94

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Coursera Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Coursera's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Coursera (Coursera) Business Description

Traded in Other Exchanges
Address
381 E. Evelyn Avenue, Mountain View, CA, USA, 94041
Coursera Inc is an online learning platform that connects learners, educators, and institutions with the goal of providing world-class 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 platform will contain a catalog of high-quality content and credentials, content developed by university and industry partners, data and machine learning drive personalized Learning, effective marketing, and skills Benchmarking and others. The company operates through three reporting segments: Consumer, Enterprise, and Degrees. Majority of revenue is generated from Consumer segment.
Executives
Jeffrey Nacey Maggioncalda director, officer: See Remarks 1804 EMBARCADERO ROAD, PALO ALTO CA 94303
Andrew Y. Ng director 381 E. EVELYN AVE., MOUNTAIN VIEW CA 94041
Shravan Goli officer: See Remarks 1040 AVENUE OF THE AMERICAS, NEW YORK NY 10016
Kenneth R Hahn officer: See Remarks C/O BORLAND SOFTWARE CORP, 100 ENTERPRISE WAY, SCOTTS VALLEY CA 95066-3249
Michele M Meyers officer: See Remarks 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32207
Richard J Jacquet officer: See Remarks BELL MICRO, 1941 RINGWOOD AVE., SAN JOSE CA 95131
Alan B Cardenas officer: SVP, General Counsel 381 E. EVELYN AVENUE, MOUNTAIN VIEW CA 94041
Leah F. Belsky officer: See Remarks 381 E. EVELYN AVE., MOUNTAIN VIEW CA 94041
Amanda Clark director PO BOX 99900, LOUISVILLE KY 40269
Susan W. Muigai director C/O TRANSUNION, 555 WEST ADAMS STREET, CHICAGO IL 60661
Sabrina Simmons director GAP INC., 2 FOLSOM STREET, SAN FRANCISCO CA 94105
Carmen Chang director 2855 SAND HILL ROAD, MENLO PARK CA 94025
Christopher D. Mccarthy director 381 E. EVELYYN AVE., MOUNTAIN VIEW CA 94041
Mustafa S. Furniturewala officer: SVP, Engineering 381 E. EVELYN AVE., MOUNTAIN VIEW CA 94041
Xueyan Wang officer: See Remarks 381 E. EVELYN AVE., MOUNTAIN VIEW CA 94041