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Educational Development Corporation  (EDUC)
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Educational Development Accounts Receivables Turnover Ratio from the third quarter 2024 to the third quarter 2023

Quarterly Results, Trends, Rankings, Statistics


Educational Development Corporation's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the third quarter 2024 to a ratio of 24.19, this is below the company average, and notable indication of worsening business environment. Average receivable collection period, for the Educational Development in Nov 30 2023 quarter, has decreased to 15 days, compared to 17 days, in the Aug 31 2023 quarter.

If we take a look into Consumer Non Cyclical sector Educational Development Corporation achieved the highest receivable turnover ratio. While receivables turnover ratio total ranking has improved thus far to 12, from overall ranking in the second quarter 2024 at 1392.

What is Receivable Turnover Ratio?
What is Educational Development Corporation Selling?


What is Receivable Turnover Ratio?




EDUC Receivables Turnover Ratio (Nov 30 2023)
III. Quarter
(Aug 31 2023)
II. Quarter
(May 31 2023)
I. Quarter
(Feb 28 2023)
IV. Quarter
(Nov 30 2022)
III. Quarter
Y / Y Receivable Change -67.58 % -48.99 % -30.03 % -20.12 % 20.29 %
Y / Y Revenue Change -44.02 % -45.45 % -37.29 % -35.75 % -32.9 %
Receivable Turnover Ratio (TTM) 24.19 21.2 20.85 21.5 22.53
EDUC's Total Ranking # 12 # 1392 # 589 # 564 # 640
Average receivable collection period 15 17 18 17 16
Seq. Receivable Change -7.31 % -25.97 % -7.49 % -48.93 % 45.84 %
Seq. Revenue Change 59.96 % -27.06 % -3.05 % -50.51 % 55.88 %


Receivable Turnover Company Ranking
Within: No.
Consumer Products Industry # 0
Consumer Non Cyclical Sector # 0
Overall Market # 12

Receivable Turnover Ratio Statistics
High Average Low
61.6 33.48 9.93
(Feb 28 2021)   (Sep. 30, 2015)






Financial Statements
Educational Development's Accounts Receivable $ 2 Millions Visit EDUC's Balance sheet
Educational Development's Sales TTM $ 57 Millions Visit EDUC's Income Statement
Where are EDUC's Sales coming from? Visit EDUC's Sales by Geography

Other Accounts Receivable Turnover Ratios
Consumer Products Industry Accounts Receivable Turnover Trends and Statistics
Consumer Non Cyclical Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
EDUC's Receivable Turnover Ratio versus Consumer Products Industry, Consumer Non Cyclical Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for EDUC's Competitors
Receivables Turnover Ratio for EDUC's Suppliers
Accounts Receivables Turnover Ratio for EDUC's Customers

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



Companies with similar Receivables Turnover Ratio for the quarter ending Nov 30 2023, within Consumer Non Cyclical Sector Receivable Turnover Ratio Revenues for 12 Months ending Nov 30 2023 Receivable at quarter ending Nov 30 2023
Ambev S a   52.43 $ 15,149.607  Millions$ 288.933  Millions
Oddity Tech Ltd  51.25 $ 508.229  Millions$ 9.916  Millions
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Hni Corporation  40.95 $ 2,433.300  Millions$ 59.425  Millions
Mission Produce Inc   39.08 $ 998.500  Millions$ 25.550  Millions
Educational Development Corporation  24.19 $ 57.042  Millions$ 2.358  Millions
Naturalshrimp Incorporated  23.19 $ 0.418  Millions$ 0.018  Millions
Bunge Global Sa  22.71 $ 59,540.000  Millions$ 2,622.250  Millions
Tyson Foods Inc   22.01 $ 52,940.000  Millions$ 2,405.750  Millions
Archer daniels midland Co  21.77 $ 93,935.000  Millions$ 4,314.000  Millions
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Date modified: 2024-01-12T16:12:56+00:00



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