Zovio Inc Accounts Receivables 2011-2026 | ZVO

Accounts receivable — is the amount of money owed to a company by other organizations, individuals, or the government. It arises when a company has already delivered goods, performed work, or provided services, but has not yet received payment for them.

Examples of accounts receivable

Customers have not paid invoices for delivered products
An advance has been paid to a supplier, but goods have not yet been received
Employees have not reported on accountable amounts
The government must refund tax overpayments
Outstanding loans issued

Importance of accounts receivable in company analysis

Asset quality
Accounts receivable are part of current assets. But they are not cash — they are promises. Investors assess how realistic these promises are to be collected. The higher the share of overdue or doubtful receivables, the greater the risk of asset impairment.
Impact on cash flow
Even if a company shows a profit, the money can be "tied up" in receivables. This means profit does not turn into actual cash, and the company may face liquidity shortages.
Assessment of management efficiency
The following accounts receivable turnover ratios are commonly used:
Receivables turnover = Revenue / Average accounts receivable
(the higher — the better)

Days Sales Outstanding (DSO) = 365 / Turnover
(the fewer days — the faster customers pay)

If the DSO is constantly increasing — this is a red flag — customers are delaying payments, and money gets stuck in settlements.

Annual Accounts Receivables Zovio Inc

2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
9.63 M	7.2 M	35 M	27 M	27.1 M	26.5 M	24.1 M	21.3 M	23 M	67.9 M	62.2 M

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
67.9 M	7.2 M	30.1 M

Quarterly Accounts Receivables Zovio Inc

2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
-	5.36 M	-	6.6 M	9.63 M	8.54 M	7.92 M	6.83 M	7.2 M	7.2 M	7.2 M	7.2 M	35 M	35 M	35 M	35 M	27 M	27 M	27 M	27 M	24.2 M	24.2 M	27.1 M	27.1 M	26.5 M	26.5 M	26.5 M	26.5 M	24.1 M	24.1 M	24.1 M	24.1 M	21.3 M	21.3 M	21.3 M	21.3 M	23 M	41.8 M	43.4 M	51.8 M	54.5 M	67.9 M	67.9 M	67.9 M	62.2 M	62.2 M	62.2 M	62.2 M

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
67.9 M	5.36 M	30 M

Accounts Receivables of other stocks in the Education training industry

Issuer	Accounts Receivables	Price	% 24h	Market Cap	Country
China Liberal Education Holdings Limited CLEU	1.45 M	-	-	$ 11.6 M	China
Ambow Education Holding Ltd. AMBO	21 M	$ 2.19	13.47 %	$ 125 M	China
Meten EdtechX Education Group Ltd. METX	27 M	-	6.28 %	$ 27.7 M	China
Aspen Group ASPU	24.4 M	-	0.08 %	$ 3.19 M	USA
Adtalem Global Education ATGE	143 M	-	-	$ 3.65 B	USA
American Public Education APEI	65.7 M	$ 55.98	1.16 %	$ 1.01 B	USA
Skillful Craftsman Education Technology Limited EDTK	252 K	$ 1.0	-0.99 %	$ 13.7 M	China
Chegg CHGG	15.6 M	$ 0.58	-1.63 %	$ 62.3 M	USA
Lincoln Educational Services Corporation LINC	36.9 M	$ 39.51	6.01 %	$ 1.22 M	USA
iHuman IH	78 M	$ 1.82	3.41 %	$ 477 M	USA
Tarena International TEDU	68.9 M	-	13.0 %	$ 61.8 M	China
Graham Holdings Company GHC	519 M	$ 1 078.01	2.12 %	$ 4.67 B	USA
New Oriental Education & Technology Group EDU	16.4 M	$ 54.66	0.66 %	$ 92.7 B	China
Stride LRN	419 M	$ 87.08	4.95 %	$ 3.61 B	USA
ATA Creativity Global AACG	2.25 M	$ 1.0	-0.27 %	$ 39.5 M	China
Laureate Education LAUR	249 M	$ 34.24	1.0 %	$ 5.06 B	USA
TAL Education Group TAL	25.9 M	$ 11.45	2.42 %	$ 2.31 B	China
Universal Technical Institute UTI	46.1 M	$ 37.43	3.71 %	$ 2.03 B	USA
Grand Canyon Education LOPE	84.3 M	$ 167.66	2.99 %	$ 4.67 B	USA
Perdoceo Education Corporation PRDO	28.8 M	$ 35.11	1.27 %	$ 2.28 B	USA
Bright Scholar Education Holdings Limited BEDU	18.8 M	-	-	$ 267 M	China
Wah Fu Education Group Limited WAFU	1.71 M	$ 1.74	3.27 %	$ 7.73 M	China
Strategic Education STRA	76.1 M	$ 80.53	1.6 %	$ 1.88 B	USA
2U TWOU	116 M	-	-35.25 %	$ 128 M	USA