Strategic Education Inc (STRA)
Payables turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 625,207 | 618,200 | 615,782 | 610,729 | 604,268 | 591,803 | 601,228 | 628,769 | 683,350 | 718,340 | 714,360 | 678,356 | 609,174 | 563,395 | 545,216 | 536,358 | 536,836 | 344,172 | 369,726 | 323,916 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $625,207K ÷ $—K
= —
Based on the data provided for Strategic Education Inc's payables turnover ratio over the past eight quarters, there seems to be a consistent trend of the payables turnover ratio being reported as 0.00. This indicates that the company is not effectively managing its accounts payables in relation to its cost of goods sold. A payables turnover ratio of 0.00 suggests that the company may not be efficiently utilizing its trade credit or payment terms with suppliers. It also indicates a potential risk of inefficient working capital management or delays in paying its suppliers. Further investigation and analysis are recommended to understand the reasons behind this consistently low payables turnover ratio and to assess the impact on the company's financial performance and liquidity.
Peer comparison
Dec 31, 2023