Parallax Health Sciences Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the fourth quarter 2019 to a ratio of 20.43, above the company average. This is a clear sign of healthy business climate in the Medical Equipment & Supplies industry and improving liquidity at their respective customers, during the fourth quarter 2019. Average receivable collection period, for the Parallax Health Sciences Inc in Dec 31 2019 quarter, has decreased to 18 days, compared to 29 days, in the Sep 30 2019 quarter.

If we take a look into Healthcare sector 529 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Dec 31 2019 from 667 to 3895.

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What is Parallax Health Sciences Inc Selling?

What is Receivable Turnover Ratio?

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PRLX Receivables Turnover Ratio	(Dec 31 2019) IV. Quarter	(Sep 30 2019) III. Quarter	(Jun 30 2019) II. Quarter	(Mar 31 2019) I. Quarter	(Dec 31 2018) IV. Quarter
Y / Y Receivable Change	-	-	-	-37.48 %	-
Y / Y Revenue Change	5036.87 %	2511.62 %	-81.52 %	942.74 %	-99.33 %
Receivable Turnover Ratio (TTM)	20.43	12.51	8.56	9.12	1.16
PRLX's Total Ranking	# 3895	# 667	# 3883	# 3890	# 3890
Accounts Receivable average collection period days	18	29	43	40	314
Seq. Receivable Change	-	-	-	-	-
Seq. Revenue Change	96.69 %	2772.78 %	-98.23 %	5050.51 %	0 %

Receivable Turnover Company Ranking
Within:	No.
Medical Equipment & Supplies Industry	# 164
Healthcare Sector	# 530
Overall Market	# 3895

Receivable Turnover Ratio Statistics
High	Average	Low
4.5	1.4	0.01
(Jun 30 2016)		(Dec 31 2018)

PRLX Company Profile • Back to PRLX Efficiency Comparisons • Compare PRLX Receivables Turnover Ratio to its Competitors

Financial Statements
Parallax Health Sciences Inc 's Accounts Receivable	$ 0 Millions	Visit PRLX's Balance sheet
Parallax Health Sciences Inc 's Sales TTM	$ 0 Millions	Visit PRLX's Income Statement
Sources of PRLX's Revenues		Visit PRLX's Sales by Geography

Other Accounts Receivable Turnover Ratios
Medical Equipment & Supplies Industry Accounts Receivable Turnover Trends and Statistics
Healthcare Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
PRLX's Receivable Turnover Ratio versus Medical Equipment & Supplies Industry, Healthcare Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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PRLX's Profitability Ratios	PRLX's Roi	PRLX's Asset Turnover Ratio	PRLX's Dividend Growth
PRLX's Valuation Ratios	PRLX's Roe	PRLX's Financial Strength Ratios	PRLX's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2019, within Healthcare Sector

Receivable Turnover Ratio

Revenues for 12 Months ending Dec 31 2019

Receivable at quarter ending Dec 31 2019

Date modified: 2026-09-08T15:09:57+00:00

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