Prenetics Global (Prenetics Global) Days Sales Outstanding

: 94.83 (As of Sep. 2023)

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Prenetics Global's average Accounts Receivable for the three months ended in Sep. 2023 was $5.1 Mil. Prenetics Global's Revenue for the three months ended in Sep. 2023 was $4.9 Mil. Hence, Prenetics Global's Days Sales Outstanding for the three months ended in Sep. 2023 was 94.83.

The historical rank and industry rank for Prenetics Global's Days Sales Outstanding or its related term are showing as below:

PRE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.71 Med: 58.72 Max: 128.75
Current: 29.71

During the past 4 years, Prenetics Global's highest Days Sales Outstanding was 128.75. The lowest was 29.71. And the median was 58.72.

PRE's Days Sales Outstanding is ranked better than
89.78% of 225 companies
in the Medical Diagnostics & Research industry
Industry Median: 69.24 vs PRE: 29.71

Prenetics Global's Days Sales Outstanding declined from Sep. 2022 (1,101.71) to Sep. 2023 (94.83).

Prenetics Global Days Sales Outstanding Historical Data

The historical data trend for Prenetics Global's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Prenetics Global Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

128.75

46.33

58.72

Prenetics Global Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding									1,101.71	17.82	122.21	90.96	94.83

Competitive Comparison

For the Diagnostics & Research subindustry, Prenetics Global's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Prenetics Global Days Sales Outstanding Distribution

For the Medical Diagnostics & Research industry and Healthcare sector, Prenetics Global's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Prenetics Global's Days Sales Outstanding falls into.

Prenetics Global Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Prenetics Global's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (47.042	+	41.692)	/	2 )	/	275.761	*	365
=	44.367					/	275.761	*	365
=	58.72

Prenetics Global's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (5.637	+	4.477)	/	2 )	/	4.866	*	365 / 4
=	5.057					/	4.866	*	365 / 4
=	94.83

Prenetics Global (NAS:PRE) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Prenetics Global Days Sales Outstanding Related Terms

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Prenetics Global (Prenetics Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Prenetics Global Ltd (NAS:PRE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 701-706, K11 Atelier King’s Road, 728 King’s Road, Quarry Bay, Hong Kong, HKG

Website

https://www.prenetics.com

Prenetics Global Ltd is a diagnostic and genetic testing company. It is a genomics and precision oncology company that has devised a method to integrate early detection for cancer, targeted therapy and direct-to-consumer genetic testing services into one comprehensive platform. It operates in two segments. The prevention segment includes the design & sale of genetics testing (including update services) & stool-based DNA tests for early colorectal cancer screening. The diagnostic segment includes the sale of COVID-19 testing services & products and precision oncology services. The majority of revenue is from the diagnostics segment. Geographically, it operates in Hong Kong and the United Kingdom, out of which the majority is from Hong Kong.