ITT Educational Services Receivables

ITT Educational Services posts a receivables of $49M as of June 2016. That compares with $55M in the prior-year period — down 9.8% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, ITT Educational Services's receivables was $55M. The latest reading is $49M — a 9.8% year-over-year decrease (period ending June 2016). Use the history and growth charts on this page for a longer lookback.

Receivables is one piece of ITT Educational Services's financial statement story. At $49M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for ESINQ's receivables usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; ITT Educational Services's other metric pages and overview cover the third.

Judging ITT Educational Services against Consumer Discretionary peers is usually better than using a market-wide rule of thumb. Business models inside Consumer Discretionary are more comparable, which makes gaps in receivables easier to interpret. Start with $49M here, then scan peer and history charts to see if the gap is persistent.