Principal Technologies (TSXV:PTEC) Days Sales Outstanding : 78.21 (As of Jan. 2024)

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What is Principal Technologies Days Sales Outstanding?

Principal Technologies's average Accounts Receivable for the three months ended in Jan. 2024 was C$0.15 Mil. Principal Technologies's Revenue for the three months ended in Jan. 2024 was C$0.18 Mil. Hence, Principal Technologies's Days Sales Outstanding for the three months ended in Jan. 2024 was 78.21.

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

TSXV:PTEC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.83 Med: 62.26 Max: 70.69
Current: 69.73

During the past 4 years, Principal Technologies's highest Days Sales Outstanding was 70.69. The lowest was 53.83. And the median was 62.26.

TSXV:PTEC's Days Sales Outstanding is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 46.23 vs TSXV:PTEC: 69.73

Principal Technologies's Days Sales Outstanding increased from Jan. 2023 (45.63) to Jan. 2024 (78.21).

Principal Technologies Days Sales Outstanding Historical Data

The historical data trend for Principal Technologies'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.

* Premium members only.

Principal Technologies Days Sales Outstanding Chart

Principal Technologies Annual Data

Trend

Jul20

Jul21

Jul22

Jul23

Days Sales Outstanding

53.83

70.69

Principal Technologies Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Sales Outstanding	Get a 7-Day Free Trial													45.63	45.95	106.29	71.29	78.21

Competitive Comparison of Principal Technologies's Days Sales Outstanding

For the Health Information Services subindustry, Principal Technologies'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.

Principal Technologies's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Principal Technologies's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Principal Technologies's Days Sales Outstanding falls into.

Principal Technologies 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.

Principal Technologies's Days Sales Outstanding for the fiscal year that ended in Jul. 2023 is calculated as

	Days Sales Outstanding (A: Jul. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jul. 2022 )	+	Accounts Receivable (A: Jul. 2023 ))	/	count )	/	Revenue (A: Jul. 2023 )	*	Days in Period
=	( (0.05	+	0.115)	/	2 )	/	0.426	*	365
=	0.0825					/	0.426	*	365
=	70.69

Principal Technologies's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding (Q: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (0.16	+	0.14)	/	2 )	/	0.175	*	365 / 4
=	0.15					/	0.175	*	365 / 4
=	78.21

Principal Technologies (TSXV:PTEC) Days Sales Outstanding Explanation

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

Principal Technologies Days Sales Outstanding Related Terms

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Principal Technologies (TSXV:PTEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Principal Technologies Inc (TSXV:PTEC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

JO7:Germany

Address

700 West Georgia Street, Suite 2500, Vancouver, BC, CAN, V7Y 1B3

Website

https://www.principal-technologies.com

Principal Technologies Inc focuses on investment in a healthcare technology company.