Predictive Technology Group (Predictive Technology Group) Change In Receivables : $-2.33 Mil (TTM As of Mar. 2021)

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What is Predictive Technology Group Change In Receivables?

Predictive Technology Group's change in receivables for the quarter that ended in Mar. 2021 was $-2.10 Mil. It means Predictive Technology Group's Accounts Receivable increased by $2.10 Mil from Dec. 2020 to Mar. 2021 .

Predictive Technology Group's change in receivables for the fiscal year that ended in Jun. 2020 was $0.85 Mil. It means Predictive Technology Group's Accounts Receivable declined by $0.85 Mil from Jun. 2019 to Jun. 2020 .

Predictive Technology Group's Accounts Receivable for the quarter that ended in Mar. 2021 was $2.42 Mil.

Days Sales Outstanding measures of 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. Predictive Technology Group's Days Sales Outstanding for the three months ended in Mar. 2021 was 31.97.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Predictive Technology Group's liquidation value for the three months ended in Mar. 2021 was $-32.66 Mil.

Predictive Technology Group Change In Receivables Historical Data

The historical data trend for Predictive Technology Group's Change In Receivables 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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Predictive Technology Group Change In Receivables Chart

Predictive Technology Group Annual Data

Trend

Aug06

Aug07

Jun16

Jun17

Jun18

Jun19

Jun20

Change In Receivables

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-0.07

0.05

-0.69

-1.39

0.85

Predictive Technology Group Quarterly Data
	Nov07	Feb08	May08	Jun16	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Change In Receivables	Get a 7-Day Free Trial															0.31	-0.10	-0.47	0.34	-2.10

Predictive Technology Group Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.33 Mil.

Predictive Technology Group (OTCPK:PRED) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of 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.

Predictive Technology Group's Days Sales Outstanding for the quarter that ended in Mar. 2021 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.415	/	6.894	*	91
=	31.97

2. In Ben Graham's calculation of liquidation value, Predictive Technology Group's accounts receivable are only considered to be worth 75% of book value:

Predictive Technology Group's liquidation value for the quarter that ended in Mar. 2021 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.152	-	35.089	+	0.75 * 2.415	+	0.5 * 0.923
=	-32.66

Predictive Technology Group Change In Receivables Related Terms

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Predictive Technology Group (Predictive Technology Group) Business Description

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Traded in Other Exchanges

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Address

2735 Parleys Way, Suite 205, Salt Lake City, UT, USA, 84109

Website

https://www.predtechgroup.com

Predictive Technology Group Inc (PRx) is a biotechnology company. It develops, commercializes, acquires and invests in technologies engaged in novel molecular diagnostic and therapeutic products in healthcare. The HCT/P segment offers minimally manipulated tissue products intended for homologous use, prepared utilizing proprietary extraction methods that reduce the loss of important scaffolding, growth factors and cytokines. The company's Diagnostics and Therapeutics segment uses data analytics for disease identification and subsequent therapeutic intervention through novel gene-based diagnostics, and companion therapeutics. It generates most of its revenues from HCT/Ps segment.