Precision Net Receivables from 2010 to 2024

PDS Stock  USD 66.13  0.99  1.52%   
Precision Drilling Net Receivables yearly trend continues to be comparatively stable with very little volatility. Net Receivables is likely to outpace its year average in 2024. From the period from 2010 to 2024, Precision Drilling Net Receivables quarterly data regression had r-value of (0.26) and coefficient of variation of  45.43. View All Fundamentals
 
Net Receivables  
First Reported
1996-03-31
Previous Quarter
376.6 M
Current Value
401.7 M
Quarterly Volatility
149.8 M
 
Dot-com Bubble
 
Housing Crash
 
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 233.5 M, Interest Expense of 118 M or Total Revenue of 1.5 B, as well as many indicators such as Price To Sales Ratio of 0.52, Dividend Yield of 0.0685 or PTB Ratio of 0.64. Precision financial statements analysis is a perfect complement when working with Precision Drilling Valuation or Volatility modules.
  
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 Net Receivables Growth Pattern

Below is the plot of the Net Receivables of Precision Drilling over the last few years. It is Precision Drilling's Net 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.
Net Receivables10 Years Trend
Pretty Stable
   Net Receivables   
       Timeline  

Precision Net Receivables Regression Statistics

Arithmetic Mean354,418,204
Geometric Mean299,174,512
Coefficient Of Variation45.43
Mean Deviation117,641,444
Median334,504,000
Standard Deviation161,000,030
Sample Variance25921T
Range565M
R-Value(0.26)
Mean Square Error26003.5T
R-Squared0.07
Significance0.35
Slope(9,420,520)
Total Sum of Squares362894.1T

Precision Net Receivables History

2024402.9 M
2023334.5 M
2022322.8 M
2021179.6 M
2020130.7 M
2019311.3 M
2018372.3 M

About Precision Drilling Financial Statements

Precision Drilling shareholders use historical fundamental indicators, such as Net 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
Net Receivables334.5 M402.9 M

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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.