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Precipio inc   (PRPO)
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Precipio Inc Accounts Receivables Turnover Ratio from the third quarter 2023 to the third quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Precipio Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the third quarter 2023 to a ratio of 12.45, above the company average. This is a clear sign of healthy business climate in the Laboratory Analytical Instruments industry and improving liquidity at their respective customers, during the third quarter 2023. Average receivable collection period, for the Precipio Inc in Sep 30 2023 quarter, has decreased to 29 days, compared to 31 days, in the Jun 30 2023 quarter.

If we take a look into Healthcare sector 89 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 945, from overall ranking in the second quarter 2023 at 2038.

What is Receivable Turnover Ratio?
What is Precipio Inc Selling?


What is Receivable Turnover Ratio?




PRPO Receivables Turnover Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Receivable Change 55.29 % -21.56 % -25.65 % 48.64 % 67.54 %
Y / Y Revenue Change 103.97 % 49.77 % 15.12 % -1.81 % -1.38 %
Receivable Turnover Ratio (TTM) 12.45 11.74 9.84 8.81 9.62
PRPO's Total Ranking # 945 # 2038 # 2258 # 949 # 1947
Average receivable collection period 29 31 37 41 38
Seq. Receivable Change 67.76 % 3.03 % -17.18 % 8.48 % -15.26 %
Seq. Revenue Change 27.88 % 25.42 % 17.82 % 7.95 % -6.1 %


Receivable Turnover Company Ranking
Within: No.
Laboratory Analytical Instruments Industry # 2
Healthcare Sector # 90
Overall Market # 945

Receivable Turnover Ratio Statistics
High Average Low
15.16 4.22 -62.26
(Dec 31 2021)   (Sep 30 2016)






Financial Statements
Precipio Inc 's Accounts Receivable $ 1 Millions Visit PRPO's Balance sheet
Precipio Inc 's Sales TTM $ 13 Millions Visit PRPO's Income Statement
Where are PRPO's Sales coming from? Visit PRPO's Sales by Geography

Other Accounts Receivable Turnover Ratios
Laboratory Analytical Instruments Industry Accounts Receivable Turnover Trends and Statistics
Healthcare Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
PRPO's Receivable Turnover Ratio versus Laboratory Analytical Instruments Industry, Healthcare Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for PRPO's Competitors
Receivables Turnover Ratio for PRPO's Suppliers
Accounts Receivables Turnover Ratio for PRPO's Customers

You may also want to know
PRPO's Growth Rates PRPO's Roa PRPO's Inventory Turnover Ratio PRPO's Dividend Comparisons
PRPO's Profitability Ratios PRPO's Roi PRPO's Asset Turnover Ratio PRPO's Dividend Growth
PRPO's Valuation Ratios PRPO's Roe PRPO's Financial Strength Ratios PRPO's Dividend Payout Ratio



Companies with similar Receivables Turnover Ratio for the quarter ending Sep 30 2023, within Healthcare Sector Receivable Turnover Ratio Revenues for 12 Months ending Sep 30 2023 Receivable at quarter ending Sep 30 2023
Adaptimmune Therapeutics Plc  23.54 $ 75.969  Millions$ 3.227  Millions
Molecular Templates inc   23.22 $ 18.064  Millions$ 0.778  Millions
Qilian International Holding Group Limited  23.16 $ 45.751  Millions$ 1.976  Millions
Cv Sciences Inc   23.08 $ 15.578  Millions$ 0.675  Millions
C4 Therapeutics Inc   23.06 $ 20.349  Millions$ 0.882  Millions
Vaxart Inc   22.56 $ 4.156  Millions$ 0.184  Millions
Mymetics Corporation  21.62 $ 1.229  Millions$ 0.057  Millions
Ontrak Inc   21.60 $ 11.674  Millions$ 0.541  Millions
Pieris Pharmaceuticals Inc   21.38 $ 47.357  Millions$ 2.216  Millions
Kiniksa Pharmaceuticals ltd   20.83 $ 248.748  Millions$ 11.944  Millions
Invo Bioscience Inc   20.81 $ 1.917  Millions$ 0.092  Millions
U S Physical Therapy Inc  20.64 $ 360.180  Millions$ 17.452  Millions
Marizyme Inc   19.60 $ 0.591  Millions$ 0.030  Millions
Innovage Holding Corp   19.18 $ 699.354  Millions$ 36.470  Millions
Xoma Corporation  18.55 $ 4.411  Millions$ 0.238  Millions
Plus Therapeutics Inc   18.55 $ 3.751  Millions$ 0.202  Millions
Cano Health Inc   18.50 $ 3,101.906  Millions$ 167.675  Millions
Tivic Health Systems Inc   18.42 $ 1.331  Millions$ 0.072  Millions
Qhslab Inc   17.62 $ 1.362  Millions$ 0.077  Millions
Arvinas Inc   17.55 $ 167.200  Millions$ 9.525  Millions
Recursion Pharmaceuticals Inc   17.18 $ 47.360  Millions$ 2.756  Millions
Ocuphire Pharma Inc   15.89 $ 57.208  Millions$ 3.600  Millions
Lftd Partners Inc   15.79 $ 49.404  Millions$ 3.129  Millions
Comera Life Sciences Holdings Inc   15.42 $ 1.096  Millions$ 0.071  Millions
Chemed Corporation  15.30 $ 2,225.159  Millions$ 145.392  Millions
Patterson Companies Inc   14.56 $ 6,550.083  Millions$ 449.864  Millions
Talkspace Inc   14.24 $ 137.071  Millions$ 9.623  Millions
Owens and Minor inc  14.22 $ 10,227.886  Millions$ 719.123  Millions
Ainos Inc   14.15 $ 1.140  Millions$ 0.081  Millions
Lifeloc Technologies Inc   14.00 $ 9.250  Millions$ 0.661  Millions

Date modified: 2023-11-14T18:38:37+00:00



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