Perimeter Price To Sales Ratio vs Days Sales Outstanding Analysis

PINK Stock  CAD 0.49  0.01  2.00%   
Perimeter Medical financial indicator trend analysis is much more than just breaking down Perimeter Medical Imaging prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Perimeter Medical Imaging is a good investment. Please check the relationship between Perimeter Medical Price To Sales Ratio and its Days Sales Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perimeter Medical Imaging. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Price To Sales Ratio vs Days Sales Outstanding

Price To Sales Ratio vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Perimeter Medical Imaging Price To Sales Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Perimeter Medical's Price To Sales Ratio and Days Sales Outstanding is 0.71. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Perimeter Medical Imaging, assuming nothing else is changed. The correlation between historical values of Perimeter Medical's Price To Sales Ratio and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Perimeter Medical Imaging are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Price To Sales Ratio i.e., Perimeter Medical's Price To Sales Ratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Perimeter Medical Imaging stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Perimeter Medical sales, a figure that is much harder to manipulate than other Perimeter Medical Imaging multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Days Sales Outstanding

Most indicators from Perimeter Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Perimeter Medical Imaging current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perimeter Medical Imaging. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
Selling General Administrative is likely to drop to about 5.7 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
 2021 2023 2024 (projected)
Depreciation And Amortization93.8K829.7K871.1K
Interest Income7.8K9.0K7.1K

Perimeter Medical fundamental ratios Correlations

-0.2-0.480.49-0.610.60.850.850.720.510.85-0.490.670.82-0.52-0.720.860.82-0.880.830.77-0.650.830.580.3-0.29
-0.20.75-0.940.71-0.63-0.44-0.65-0.78-0.8-0.670.94-0.85-0.64-0.310.8-0.62-0.640.4-0.65-0.750.3-0.71-0.86-0.920.98
-0.480.75-0.860.85-0.94-0.66-0.74-0.86-0.97-0.770.89-0.86-0.75-0.070.85-0.73-0.750.6-0.75-0.830.49-0.8-0.86-0.850.86
0.49-0.94-0.86-0.880.770.660.830.920.890.86-1.00.960.820.09-0.940.810.82-0.660.830.91-0.510.880.950.93-0.97
-0.610.710.85-0.88-0.81-0.85-0.75-0.92-0.84-0.810.87-0.85-0.890.260.85-0.74-0.890.83-0.75-0.910.82-0.87-0.93-0.880.79
0.6-0.63-0.940.77-0.810.720.740.840.920.77-0.810.820.83-0.2-0.80.730.83-0.720.730.85-0.560.840.850.7-0.75
0.85-0.44-0.660.66-0.850.720.790.890.720.82-0.650.750.94-0.48-0.750.770.94-0.880.750.88-0.920.880.820.63-0.51
0.85-0.65-0.740.83-0.750.740.790.90.81.0-0.830.950.87-0.07-0.961.00.87-0.781.00.92-0.520.950.810.66-0.7
0.72-0.78-0.860.92-0.920.840.890.90.920.93-0.920.960.96-0.14-0.930.880.96-0.80.880.98-0.730.970.970.87-0.84
0.51-0.8-0.970.89-0.840.920.720.80.920.82-0.920.910.810.1-0.870.770.81-0.590.790.88-0.520.850.910.88-0.89
0.85-0.67-0.770.86-0.810.770.821.00.930.82-0.860.960.9-0.13-0.970.990.9-0.820.990.95-0.580.970.850.7-0.73
-0.490.940.89-1.00.87-0.81-0.65-0.83-0.92-0.92-0.86-0.97-0.82-0.110.95-0.82-0.820.65-0.84-0.910.49-0.88-0.95-0.930.98
0.67-0.85-0.860.96-0.850.820.750.950.960.910.96-0.970.880.03-0.990.930.88-0.730.940.96-0.520.950.930.85-0.89
0.82-0.64-0.750.82-0.890.830.940.870.960.810.9-0.820.88-0.41-0.870.851.0-0.910.840.98-0.820.980.930.73-0.7
-0.52-0.31-0.070.090.26-0.2-0.48-0.07-0.140.1-0.13-0.110.03-0.410.02-0.09-0.410.64-0.05-0.230.64-0.26-0.130.17-0.25
-0.720.80.85-0.940.85-0.8-0.75-0.96-0.93-0.87-0.970.95-0.99-0.870.02-0.96-0.870.77-0.97-0.950.53-0.95-0.9-0.810.85
0.86-0.62-0.730.81-0.740.730.771.00.880.770.99-0.820.930.85-0.09-0.960.85-0.791.00.91-0.50.940.780.63-0.68
0.82-0.64-0.750.82-0.890.830.940.870.960.810.9-0.820.881.0-0.41-0.870.85-0.910.840.98-0.820.980.930.73-0.7
-0.880.40.6-0.660.83-0.72-0.88-0.78-0.8-0.59-0.820.65-0.73-0.910.640.77-0.79-0.91-0.77-0.870.83-0.88-0.76-0.510.49
0.83-0.65-0.750.83-0.750.730.751.00.880.790.99-0.840.940.84-0.05-0.971.00.84-0.770.91-0.480.930.790.66-0.71
0.77-0.75-0.830.91-0.910.850.880.920.980.880.95-0.910.960.98-0.23-0.950.910.98-0.870.91-0.720.990.960.81-0.81
-0.650.30.49-0.510.82-0.56-0.92-0.52-0.73-0.52-0.580.49-0.52-0.820.640.53-0.5-0.820.83-0.48-0.72-0.7-0.71-0.560.37
0.83-0.71-0.80.88-0.870.840.880.950.970.850.97-0.880.950.98-0.26-0.950.940.98-0.880.930.99-0.70.930.75-0.77
0.58-0.86-0.860.95-0.930.850.820.810.970.910.85-0.950.930.93-0.13-0.90.780.93-0.760.790.96-0.710.930.92-0.9
0.3-0.92-0.850.93-0.880.70.630.660.870.880.7-0.930.850.730.17-0.810.630.73-0.510.660.81-0.560.750.92-0.94
-0.290.980.86-0.970.79-0.75-0.51-0.7-0.84-0.89-0.730.98-0.89-0.7-0.250.85-0.68-0.70.49-0.71-0.810.37-0.77-0.9-0.94
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Perimeter Medical Account Relationship Matchups

Perimeter Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab2.4M1.2M1.9M5.4M4.6M3.2M
Total Current Liabilities18.5M1.8M2.1M8.0M6.9M7.0M
Retained Earnings(39.4M)(47.3M)(64.0M)(59.3M)(96.7M)(91.9M)
Net Receivables1.0M604.3K1.3M2.0M3.1M1.6M
Total Current Assets2.5M13.1M7.7M31.5M23.2M14.8M
Common Stock17.8M48.5M62.5M80.8M107.9M60.7M

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Additional Tools for Perimeter Stock Analysis

When running Perimeter Medical's price analysis, check to measure Perimeter Medical'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 Perimeter Medical is operating at the current time. Most of Perimeter Medical's value examination focuses on studying past and present price action to predict the probability of Perimeter Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Perimeter Medical's price. Additionally, you may evaluate how the addition of Perimeter Medical to your portfolios can decrease your overall portfolio volatility.