Pacific Edge (ASX:PEB) Days Sales Outstanding : 65.52 (As of Mar. 2024)

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What is Pacific Edge Days Sales Outstanding?

Pacific Edge's average Accounts Receivable for the six months ended in Mar. 2024 was A$3.60 Mil. Pacific Edge's Revenue for the six months ended in Mar. 2024 was A$10.03 Mil. Hence, Pacific Edge's Days Sales Outstanding for the six months ended in Mar. 2024 was 65.52.

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

ASX:PEB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.01 Med: 41.66 Max: 357.11
Current: 54.76

During the past 13 years, Pacific Edge's highest Days Sales Outstanding was 357.11. The lowest was 24.01. And the median was 41.66.

ASX:PEB's Days Sales Outstanding is ranked better than
70.51% of 217 companies
in the Medical Diagnostics & Research industry
Industry Median: 69.51 vs ASX:PEB: 54.76

Pacific Edge's Days Sales Outstanding increased from Mar. 2023 (64.89) to Mar. 2024 (65.52).

Pacific Edge Days Sales Outstanding Historical Data

The historical data trend for Pacific Edge'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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Pacific Edge Days Sales Outstanding Chart

Pacific Edge Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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23.80

25.60

41.01

41.19

42.20

Pacific Edge Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															63.70	82.39	64.89	57.36	65.52

Competitive Comparison of Pacific Edge's Days Sales Outstanding

For the Diagnostics & Research subindustry, Pacific Edge'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.

Pacific Edge's Days Sales Outstanding Distribution in the Medical Diagnostics & Research Industry

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

* The bar in red indicates where Pacific Edge's Days Sales Outstanding falls into.

Pacific Edge 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.

Pacific Edge's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (2.762	+	2.366)	/	2 )	/	22.177	*	365
=	2.564					/	22.177	*	365
=	42.20

Pacific Edge's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (4.835	+	2.366)	/	2 )	/	10.029	*	365 / 2
=	3.6005					/	10.029	*	365 / 2
=	65.52

Pacific Edge (ASX:PEB) Days Sales Outstanding Explanation

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

Pacific Edge Days Sales Outstanding Related Terms

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Pacific Edge (ASX:PEB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Pacific Edge Ltd (ASX:PEB) » Definitions » Days Sales Outstanding

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PFGTF:USA PEB:New Zealand

Address

87 St David Street, P.O. Box 56, Dunedin, STL, NZL, 9016

Website

https://www.pacificedgedx.com

Pacific Edge Ltd is a NewZealand based company involved in developing and commercializing diagnostic and prognostic tools for the early detection and management of cancers. It manages and operates the laboratories used for the detection of bladder cancer. The company operates in two segments: Commercial, which includes sales, marketing, laboratory, and support operations to run the commercial businesses world wide; and Research, which is into research and development of diagnostic and prognostic products for human cancer. The commercial segment contributes to the majority of the revenue. Pacific Edge has a product in the marketplace called Cxbladder. Its geographical segments are the United States, New Zealand, and the Rest of the World.