Predictive Technology Group (Predictive Technology Group) Days Sales Outstanding : 18.09 (As of Mar. 2021)

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What is Predictive Technology Group Days Sales Outstanding?

Predictive Technology Group's average Accounts Receivable for the three months ended in Mar. 2021 was $1.37 Mil. Predictive Technology Group's Revenue for the three months ended in Mar. 2021 was $6.89 Mil. Hence, Predictive Technology Group's Days Sales Outstanding for the three months ended in Mar. 2021 was 18.09.

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

PRED's Days Sales Outstanding is not ranked ^*
in the Biotechnology industry.
Industry Median: 73.34
* Ranked among companies with meaningful Days Sales Outstanding only.

Predictive Technology Group's Days Sales Outstanding increased from Mar. 2020 (4.49) to Mar. 2021 (18.09).

Predictive Technology Group Days Sales Outstanding Historical Data

The historical data trend for Predictive Technology Group'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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Predictive Technology Group Days Sales Outstanding Chart

Predictive Technology Group Annual Data

Trend

Aug06

Aug07

Jun16

Jun17

Jun18

Jun19

Jun20

Days Sales Outstanding

Get a 7-Day Free Trial

350.40

6.99

6.17

7.49

10.36

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
Days Sales Outstanding	Get a 7-Day Free Trial															4.49	3.84	7.29	11.17	18.09

Competitive Comparison of Predictive Technology Group's Days Sales Outstanding

For the Biotechnology subindustry, Predictive Technology Group'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.

Predictive Technology Group's Days Sales Outstanding Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Predictive Technology Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Predictive Technology Group's Days Sales Outstanding falls into.

Predictive Technology Group 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.

Predictive Technology Group's Days Sales Outstanding for the fiscal year that ended in Jun. 2020 is calculated as

	Days Sales Outstanding (A: Jun. 2020 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2019 )	+	Accounts Receivable (A: Jun. 2020 ))	/	count )	/	Revenue (A: Jun. 2020 )	*	Days in Period
=	( (1.25	+	0.137)	/	2 )	/	24.441	*	365
=	0.6935					/	24.441	*	365
=	10.36

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

	Days Sales Outstanding (Q: Mar. 2021 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2020 )	+	Accounts Receivable (A: Mar. 2021 ))	/	count )	/	Revenue (A: Mar. 2021 )	*	Days in Period
=	( (0.319	+	2.415)	/	2 )	/	6.894	*	365 / 4
=	1.367					/	6.894	*	365 / 4
=	18.09

Predictive Technology Group (OTCPK:PRED) Days Sales Outstanding Explanation

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

Predictive Technology Group Days Sales Outstanding Related Terms

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Predictive Technology Group (Predictive Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Predictive Technology Group Inc (OTCPK:PRED) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

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.