Perdoceo Education Corp (PRDO)

Receivables turnover

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Revenue (ttm)	US$ in thousands	681,263	652,751	662,846	682,670	710,004	738,230	726,727	707,847	695,208	678,922	684,500	692,355	693,034	704,334	699,462	699,958	687,314	674,606	660,439	640,845
Receivables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Receivables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $681,263K ÷ $—K
= —

The receivables turnover ratio for Perdoceo Education Corp is not available for the periods up to December 31, 2024, as the data provided indicates a value of "N/A" for each reporting date. This could suggest that the company has not disclosed specific receivables turnover figures in its financial statements, or the data is not publicly available.

Receivables turnover ratio is a metric used to evaluate how efficiently a company is managing its receivables by measuring the number of times a company collects its average accounts receivable balance during a specific period. A higher receivables turnover ratio generally indicates more effective credit and collection policies in place, translating to quicker conversion of credit sales into cash.

Without specific receivables turnover figures to analyze, it becomes challenging to assess the efficiency of Perdoceo Education Corp in collecting its accounts receivable and managing its working capital effectively. Investors and stakeholders may need to look for alternative sources or request the company's financial reports to obtain this crucial ratio for a comprehensive financial analysis.