New Oriental Education & Technology (EDU) Receivables Refunds (2016 - 2018)
Quarterly Receivables Refunds rose 51.54% to $3.5 million in Q2 2018 from the year-ago period, while the trailing twelve-month figure was $3.5 million through May 2018, up 51.54% year-over-year, with the annual reading at $3.5 million for FY2018, 51.54% up from the prior year.
New Oriental Education & Technology filings provide 8 years of Receivables Refunds readings, the most recent being $3.5 million for Q2 2018.
- Receivables Refunds hit $3.5 million in Q2 2018 for New Oriental Education & Technology, up from $2.3 million in the prior quarter.
- Across five years, Receivables Refunds topped out at $3.5 million in Q2 2018 and bottomed at $1.4 million in Q2 2014.
- Average Receivables Refunds over 5 years is $2.3 million, with a median of $2.3 million recorded in 2017.
- The largest annual shift saw Receivables Refunds soared 54.56% in 2014 before it decreased 9.04% in 2017.
- New Oriental Education & Technology's Receivables Refunds stood at $1.4 million in 2014, then skyrocketed by 40.55% to $2.0 million in 2015, then rose by 28.04% to $2.5 million in 2016, then decreased by 9.04% to $2.3 million in 2017, then surged by 51.54% to $3.5 million in 2018.
- Per Business Quant, the three most recent readings for EDU's Receivables Refunds are $3.5 million (Q2 2018), $2.3 million (Q2 2017), and $2.5 million (Q2 2016).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Refund Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | - |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 14.79 Mn |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | 19.90 Mn |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 231,000.00 |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | - |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | - |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | - |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | - |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 501,000.00 |
| 10 | New Oriental Education & Technology | 12,389.00 | -3.10 Bn | 12,700.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2018 | 3.49 Mn |
| May 31, 2017 | 2.31 Mn |
| May 31, 2016 | 2.53 Mn |