CSIMarket
 


Chegg Inc   (CHGG)
Other Ticker:  
 
    Sector  Services    Industry Educational Services
   Industry Educational Services
   Sector  Services
 

Chegg Inc Accounts Receivables Turnover Ratio from the forth quarter 2023 to the forth quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Chegg Inc 's ability to collect accounts receivable sequentially worsen to 27.37, pointing to a challenging and on top of that deteriorating business climate for the Educational Services industry. Chegg Inc 's Average receivable collection period in the Dec 31 2023 quarter, has increased to 13 days, from 12 days, in the Sep 30 2023 quarter.

If we take a look into Services sector 69 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 292, from overall ranking in the third quarter 2023 at 359.

What is Receivable Turnover Ratio?
What is Chegg Inc Selling?


What is Receivable Turnover Ratio?




CHGG Receivables Turnover Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Receivable Change 33.55 % 37.38 % 22.93 % 10.45 % 31.74 %
Y / Y Revenue Change -8.36 % -4.53 % -6.31 % -7.24 % -8.96 %
Receivable Turnover Ratio (TTM) 27.37 30.31 33.49 35.6 37.21
CHGG's Total Ranking # 292 # 359 # 2618 # 421 # 1471
Average receivable collection period 13 12 11 10 10
Seq. Receivable Change 3.03 % 47.46 % -6.05 % -6.44 % 5.99 %
Seq. Revenue Change 19.55 % -13.79 % -2.75 % -8.57 % 24.56 %


Receivable Turnover Company Ranking
Within: No.
Educational Services Industry # 1
Services Sector # 70
Overall Market # 292

Receivable Turnover Ratio Statistics
High Average Low
64.22 38.33 21.98
(Jun 30 2021)   (Dec 31 2016)






Financial Statements
Chegg Inc 's Accounts Receivable $ 31 Millions Visit CHGG's Balance sheet
Chegg Inc 's Sales TTM $ 715 Millions Visit CHGG's Income Statement
Where are CHGG's Sales coming from? Visit CHGG's Sales by Geography

Other Accounts Receivable Turnover Ratios
Educational Services Industry Accounts Receivable Turnover Trends and Statistics
Services Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
CHGG's Receivable Turnover Ratio versus Educational Services Industry, Services Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for CHGG's Competitors
Receivables Turnover Ratio for CHGG's Suppliers
Accounts Receivables Turnover Ratio for CHGG's Customers

You may also want to know
CHGG's Growth Rates CHGG's Roa CHGG's Inventory Turnover Ratio CHGG's Dividend Comparisons
CHGG's Profitability Ratios CHGG's Roi CHGG's Asset Turnover Ratio CHGG's Dividend Growth
CHGG's Valuation Ratios CHGG's Roe CHGG's Financial Strength Ratios CHGG's Dividend Payout Ratio



Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2023, within Services Sector Receivable Turnover Ratio Revenues for 12 Months ending Dec 31 2023 Receivable at quarter ending Dec 31 2023
Potbelly Corporation  62.62 $ 491.409  Millions$ 7.848  Millions
Americann Inc  57.05 $ 2.230  Millions$ 0.039  Millions
Texas Roadhouse inc   56.74 $ 4,631.672  Millions$ 81.627  Millions
Portillos Inc   53.57 $ 679.905  Millions$ 12.693  Millions
Canterbury Park Holding Corp  50.81 $ 61.437  Millions$ 1.209  Millions
Hudson Pacific Properties Inc   48.81 $ 952.297  Millions$ 19.509  Millions
Mu Global Holding Limited  48.49 $ 0.026  Millions$ 0.001  Millions
Cimpress Plc  48.02 $ 3,209.667  Millions$ 66.834  Millions
Marcus and Millichap Inc   47.63 $ 645.927  Millions$ 13.562  Millions
Kura Sushi Usa Inc   46.40 $ 199.586  Millions$ 4.301  Millions
Telef nica S a   43.76 $ 45,530.240  Millions$ 1,040.480  Millions
Carnival Corporation  43.10 $ 21,593.000  Millions$ 501.000  Millions
Century Casinos Inc   42.92 $ 550.206  Millions$ 12.819  Millions
Medicine Man Technologies inc   42.56 $ 207.656  Millions$ 4.879  Millions
Anywhere Real Estate Inc   42.38 $ 5,636.000  Millions$ 133.000  Millions
Ark Restaurants Corp   42.00 $ 184.835  Millions$ 4.401  Millions
Melco Resorts and Entertainment Limited  40.84 $ 3,775.247  Millions$ 92.435  Millions
Wingstop Inc   40.67 $ 460.055  Millions$ 11.311  Millions
Pacific Green Technologies Inc   40.58 $ 89.095  Millions$ 2.196  Millions
Pearson Plc  40.37 $ 3,674.000  Millions$ 91.000  Millions
Exp World Holdings inc   39.44 $ 4,281.105  Millions$ 108.543  Millions
Upbound Group Inc   38.36 $ 3,992.413  Millions$ 104.086  Millions
Full House Resorts Inc  37.97 $ 241.060  Millions$ 6.348  Millions
Echostar Corporation  36.82 $ 17,015.598  Millions$ 462.100  Millions
Royal Caribbean Cruises Ltd  36.59 $ 13,900.000  Millions$ 379.921  Millions
Advanced Oxygen Technologies Inc   36.36 $ 0.042  Millions$ 0.001  Millions
Bally s Corporation  35.43 $ 2,449.073  Millions$ 69.125  Millions
Rci Hospitality Holdings Inc   35.41 $ 297.729  Millions$ 8.409  Millions
Ncl Corporation ltd   34.27 $ 8,549.924  Millions$ 249.523  Millions
Norwegian Cruise Line Holdings ltd   34.27 $ 8,549.924  Millions$ 249.523  Millions

Date modified: 2024-03-25T17:21:48+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com