Primo Service Solutions PCL (BKK:PRI) Days Inventory : 42.65 (As of Mar. 2024)

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What is Primo Service Solutions PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Primo Service Solutions PCL's Average Total Inventories for the three months ended in Mar. 2024 was ฿123 Mil. Primo Service Solutions PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿264 Mil. Hence, Primo Service Solutions PCL's Days Inventory for the three months ended in Mar. 2024 was 42.65.

The historical rank and industry rank for Primo Service Solutions PCL's Days Inventory or its related term are showing as below:

BKK:PRI' s Days Inventory Range Over the Past 10 Years
Min: 10.7 Med: 11.73 Max: 19.78
Current: 19.78

During the past 6 years, Primo Service Solutions PCL's highest Days Inventory was 19.78. The lowest was 10.70. And the median was 11.73.

BKK:PRI's Days Inventory is ranked better than
88.86% of 1329 companies
in the Real Estate industry
Industry Median: 699.45 vs BKK:PRI: 19.78

Primo Service Solutions PCL's Days Inventory increased from Mar. 2023 (10.94) to Mar. 2024 (42.65). It might indicate that Primo Service Solutions PCL's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Primo Service Solutions PCL's Inventory Turnover for the three months ended in Mar. 2024 was 2.14.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Primo Service Solutions PCL's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.30.

Primo Service Solutions PCL Days Inventory Historical Data

The historical data trend for Primo Service Solutions PCL's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Primo Service Solutions PCL Days Inventory Chart

Primo Service Solutions PCL Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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10.70

11.73

15.90

Primo Service Solutions PCL Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial											10.94	11.27	9.70	13.70	42.65

Competitive Comparison of Primo Service Solutions PCL's Days Inventory

For the Real Estate Services subindustry, Primo Service Solutions PCL's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Primo Service Solutions PCL's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Primo Service Solutions PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Primo Service Solutions PCL's Days Inventory falls into.

Primo Service Solutions PCL Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Primo Service Solutions PCL's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (24.949	+	90.25)	/	2 )	/	1322.009	*	365
=	57.5995					/	1322.009	*	365
=	15.90

Primo Service Solutions PCL's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (90.25	+	156.465)	/	2 )	/	263.927	*	365 / 4
=	123.3575					/	263.927	*	365 / 4
=	42.65

Primo Service Solutions PCL (BKK:PRI) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Primo Service Solutions PCL's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	263.927	/	123.3575
	=	2.14

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Primo Service Solutions PCL's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	123.3575	/	416.142
	=	0.30

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Primo Service Solutions PCL Days Inventory Related Terms

Thank you for viewing the detailed overview of Primo Service Solutions PCL's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Primo Service Solutions PCL (BKK:PRI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Primo Service Solutions PCL (BKK:PRI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tambon Samrong Nuea,, 496 Moo 9, Amphoe Mueang Samut Prakan, Samut Prakan, THA, 10270

Website

https://www.primo.co.th

Primo Service Solutions PCL is engaged in property management services The company's business operations are divided into different service groups which are property management & sole agent, construction & project management, and wyde interior and cleaning services. A majority of the company's revenue is derived from Thailand.