Precision Price To Sales Ratio vs Days Sales Outstanding Analysis

POCI Stock   4.82  0.21  4.17%   
Precision Optics, financial indicator trend analysis is much more than just breaking down Precision Optics, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Precision Optics, is a good investment. Please check the relationship between Precision Optics, 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 Precision Optics,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in Precision Stock please use our How to Invest in Precision Optics, guide.

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 Precision Optics, Price To Sales Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Precision Optics,'s Price To Sales Ratio and Days Sales Outstanding is 0.16. 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 Precision Optics,, assuming nothing else is changed. The correlation between historical values of Precision Optics,'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 Precision Optics, 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., Precision Optics,'s Price To Sales Ratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Precision Optics, stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Precision Optics, sales, a figure that is much harder to manipulate than other Precision Optics, 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 Precision Optics,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Precision Optics, 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 Precision Optics,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in Precision Stock please use our How to Invest in Precision Optics, guide.The Precision Optics,'s current Enterprise Value is estimated to increase to about 42.9 M, while Tax Provision is projected to decrease to 1,616.
 2021 2022 2023 2024 (projected)
Total Revenue15.7M21.0M19.1M20.1M
Depreciation And Amortization245.2K210.7K212.4K150.6K

Precision Optics, fundamental ratios Correlations

0.960.960.990.840.7-0.380.420.980.420.970.860.960.950.440.990.830.370.740.950.96-0.960.80.290.880.53
0.960.90.970.770.85-0.360.220.990.220.910.810.940.920.380.940.70.140.630.910.95-0.970.880.190.860.58
0.960.90.930.830.63-0.470.450.910.450.980.930.890.970.50.980.850.520.740.950.91-0.870.790.420.880.42
0.990.970.930.810.7-0.350.420.980.420.970.830.940.930.410.960.820.310.710.940.96-0.950.80.220.870.53
0.840.770.830.810.51-0.270.420.80.420.80.760.860.890.420.870.840.460.810.760.82-0.770.580.630.70.27
0.70.850.630.70.51-0.35-0.340.81-0.340.620.630.730.710.270.690.27-0.240.340.690.76-0.80.830.10.650.49
-0.38-0.36-0.47-0.35-0.27-0.350.01-0.370.01-0.38-0.67-0.34-0.51-0.91-0.43-0.33-0.32-0.41-0.36-0.260.43-0.33-0.08-0.2-0.1
0.420.220.450.420.42-0.340.010.261.00.470.280.320.330.180.410.740.690.50.350.29-0.240.050.180.340.12
0.980.990.910.980.80.81-0.370.260.260.920.820.970.930.410.960.730.220.690.910.95-0.990.820.230.860.59
0.420.220.450.420.42-0.340.011.00.260.470.280.320.330.180.410.740.690.50.350.29-0.240.050.180.340.12
0.970.910.980.970.80.62-0.380.470.920.470.890.870.940.420.960.850.450.70.980.95-0.880.80.310.890.42
0.860.810.930.830.760.63-0.670.280.820.280.890.770.940.650.90.750.440.680.870.84-0.80.760.470.80.26
0.960.940.890.940.860.73-0.340.320.970.320.870.770.910.420.960.760.30.780.850.9-0.970.690.350.80.61
0.950.920.970.930.890.71-0.510.330.930.330.940.940.910.530.970.80.410.740.930.92-0.890.820.470.830.37
0.440.380.50.410.420.27-0.910.180.410.180.420.650.420.530.490.550.390.630.360.29-0.490.250.10.240.29
0.990.940.980.960.870.69-0.430.410.960.410.960.90.960.970.490.840.450.780.940.93-0.940.770.40.870.51
0.830.70.850.820.840.27-0.330.740.730.740.850.750.760.80.550.840.630.860.770.74-0.720.50.360.710.43
0.370.140.520.310.46-0.24-0.320.690.220.690.450.440.30.410.390.450.630.490.40.2-0.190.030.490.23-0.01
0.740.630.740.710.810.34-0.410.50.690.50.70.680.780.740.630.780.860.490.60.63-0.740.310.410.570.46
0.950.910.950.940.760.69-0.360.350.910.350.980.870.850.930.360.940.770.40.60.94-0.850.860.310.860.41
0.960.950.910.960.820.76-0.260.290.950.290.950.840.90.920.290.930.740.20.630.94-0.90.850.320.920.42
-0.96-0.97-0.87-0.95-0.77-0.80.43-0.24-0.99-0.24-0.88-0.8-0.97-0.89-0.49-0.94-0.72-0.19-0.74-0.85-0.9-0.75-0.18-0.81-0.65
0.80.880.790.80.580.83-0.330.050.820.050.80.760.690.820.250.770.50.030.310.860.85-0.750.120.760.36
0.290.190.420.220.630.1-0.080.180.230.180.310.470.350.470.10.40.360.490.410.310.32-0.180.120.36-0.23
0.880.860.880.870.70.65-0.20.340.860.340.890.80.80.830.240.870.710.230.570.860.92-0.810.760.360.46
0.530.580.420.530.270.49-0.10.120.590.120.420.260.610.370.290.510.43-0.010.460.410.42-0.650.36-0.230.46
Click cells to compare fundamentals

Precision Optics, Account Relationship Matchups

Precision Optics, fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.4M6.3M16.7M19.7M16.9M17.8M
Short Long Term Debt Total1.0M252.0K3.0M3.2M3.4M3.6M
Total Current Liabilities3.1M2.5M4.6M5.3M4.9M5.2M
Total Stockholder Equity2.8M3.4M9.0M12.0M10.1M10.6M
Property Plant And Equipment Net621.6K655.5K1.1M792.0K683.6K511.8K
Net Debt(119.8K)(609.7K)2.4M233.5K3.0M3.2M
Retained Earnings(47.1M)(47.2M)(48.1M)(48.2M)(51.2M)(48.6M)
Cash1.1M861.7K605.7K2.9M405.3K385.0K
Non Current Assets Total1.4M1.5M10.2M9.9M9.8M10.3M
Cash And Short Term Investments1.1M861.7K605.7K2.9M405.3K385.0K
Net Receivables1.5M1.9M2.7M3.9M3.5M3.7M
Common Stock Shares Outstanding4.3M4.4M5.3M5.7M6.1M6.4M
Liabilities And Stockholders Equity6.4M6.3M16.7M19.7M16.9M17.8M
Non Current Liabilities Total430.4K319.1K3.1M2.4M1.9M2.0M
Inventory2.2M1.9M3.0M2.8M2.9M3.0M
Other Stockholder Equity49.7M50.5M56.9M60.2M61.2M34.5M
Total Liab3.6M2.8M7.7M7.7M6.8M7.2M
Total Current Assets4.9M4.8M6.5M9.9M7.1M3.6M
Other Current Liab748.4K756.3K883.4K927.5K401.5K522.7K
Accounts Payable1.1M1.2M2.2M2.4M1.4M728.8K
Other Current Assets133.7K150.6K213.4K249.7K299.4K314.3K
Intangible Assets95.2K141.7K229.4K265.1K286.6K300.9K
Non Currrent Assets Other(1.4M)(1.5M)(10.2M)(9.9M)(8.9M)(8.4M)
Short Term Debt917.9K99.6K559.0K725.1K1.7M1.8M
Common Stock131.9K132.8K169.2K60.7K60.7K98.1K
Current Deferred Revenue417.1K450.1K905.1K1.2M1.2M1.2M
Net Tangible Assets2.0M2.6M(82.1K)3.0M2.7M1.6M
Capital Lease Obligations206.0K252.0K670.1K470.1K258.5K343.1K
Net Invested Capital3.6M3.4M11.3M14.7M13.2M9.1M
Capital Stock131.9K132.8K169.2K60.7K60.7K90.1K
Net Working Capital1.8M2.3M1.9M4.6M2.2M2.9M
Property Plant Equipment621.6K655.5K1.1M792.0K910.8K791.4K

Currently Active Assets on Macroaxis

When determining whether Precision Optics, offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Precision Optics,'s financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Precision Optics, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Precision Optics, Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Precision Optics,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in Precision Stock please use our How to Invest in Precision Optics, guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Precision Optics,. If investors know Precision will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Precision Optics, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.62)
Revenue Per Share
3.148
Quarterly Revenue Growth
(0.06)
Return On Assets
(0.09)
Return On Equity
(0.27)
The market value of Precision Optics, is measured differently than its book value, which is the value of Precision that is recorded on the company's balance sheet. Investors also form their own opinion of Precision Optics,'s value that differs from its market value or its book value, called intrinsic value, which is Precision Optics,'s true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Precision Optics,'s market value can be influenced by many factors that don't directly affect Precision Optics,'s underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Precision Optics,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Precision Optics, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Precision Optics,'s price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.