Precision Average Receivables from 2010 to 2026

PDS Stock  USD 73.68  1.80  2.50%   
Precision Drilling Average Receivables yearly trend continues to be comparatively stable with very little volatility. Average Receivables will likely drop to about 346.4 M in 2026. From the period from 2010 to 2026, Precision Drilling Average Receivables quarterly data regression had r-value of (0.49) and coefficient of variation of  5.61. View All Fundamentals
 
Average Receivables  
First Reported
2010-12-31
Previous Quarter
394.9 M
Current Value
346.4 M
Quarterly Volatility
24.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Precision Drilling financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Precision Drilling's main balance sheet or income statement drivers, such as Depreciation And Amortization of 234 M, Interest Expense of 117.1 M or Total Revenue of 1.6 B, as well as many indicators such as Price To Sales Ratio of 0.72, Dividend Yield of 0.032 or PTB Ratio of 0.81. Precision financial statements analysis is a perfect complement when working with Precision Drilling Valuation or Volatility modules.
  
Build AI portfolio with Precision Stock
Check out the analysis of Precision Drilling Correlation against competitors.
For more information on how to buy Precision Stock please use our How to Invest in Precision Drilling guide.

Latest Precision Drilling's Average Receivables Growth Pattern

Below is the plot of the Average Receivables of Precision Drilling over the last few years. It is Precision Drilling's Average Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Precision Drilling's overall financial position and show how it may be relating to other accounts over time.
Average Receivables10 Years Trend
Slightly volatile
   Average Receivables   
       Timeline  

Precision Average Receivables Regression Statistics

Arithmetic Mean430,105,981
Geometric Mean429,392,059
Coefficient Of Variation5.61
Mean Deviation14,347,791
Median438,817,140
Standard Deviation24,138,585
Sample Variance582.7T
Range92.5M
R-Value(0.49)
Mean Square Error473.1T
R-Squared0.24
Significance0.05
Slope(2,335,535)
Total Sum of Squares9322.7T

Precision Average Receivables History

2026346.4 M
2025394.9 M
2011438.8 M
2010427.1 M

About Precision Drilling Financial Statements

Precision Drilling shareholders use historical fundamental indicators, such as Average Receivables, to determine how well the company is positioned to perform in the future. Although Precision Drilling investors may analyze each financial statement separately, they are all interrelated. The changes in Precision Drilling's assets and liabilities, for example, are also reflected in the revenues and expenses on on Precision Drilling's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Average Receivables394.9 M346.4 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Precision Stock Analysis

When running Precision Drilling's price analysis, check to measure Precision Drilling's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Precision Drilling is operating at the current time. Most of Precision Drilling's value examination focuses on studying past and present price action to predict the probability of Precision Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Precision Drilling's price. Additionally, you may evaluate how the addition of Precision Drilling to your portfolios can decrease your overall portfolio volatility.