Primo Water (Primo Water) Change In Inventory : $7 Mil (TTM As of Dec. 2023)

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What is Primo Water Change In Inventory?

Primo Water's change in inventory for the quarter that ended in Dec. 2023 was $10 Mil. It means Primo Water's inventory declined by $10 Mil from Sep. 2023 to Dec. 2023 .

Primo Water's change in inventory for the fiscal year that ended in Dec. 2023 was $7 Mil. It means Primo Water's inventory declined by $7 Mil from Dec. 2022 to Dec. 2023 .

Primo Water's Total Inventories for the quarter that ended in Dec. 2023 was $47 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Primo Water's Inventory Turnover for the quarter that ended in Dec. 2023 was -0.57.

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 Water's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 7.66.

Primo Water Change In Inventory Historical Data

The historical data trend for Primo Water's Change In 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 Water Change In Inventory Chart

Primo Water Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-5.40

1.00

-5.10

-9.40

7.20

Primo Water Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															17.10	2.10	-2.60	-1.80	9.50

Primo Water Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $7 Mil.

Primo Water (NYSE:PRMW) Change In Inventory Explanation

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

Primo Water's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	76.55	/	-43.9	*	365 / 4
	=	N/A

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

Primo Water's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	-43.9	/	76.55
	=	-0.57

3. 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 Water's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	76.55	/	10
	=	7.66

Primo Water Change In Inventory Related Terms

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Primo Water (Primo Water) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Primo Water Corp (NYSE:PRMW) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

GC6:Germany PRMW:Canada

Address

1200 Britannia Road East, Mississauga, ON, CAN, L4W 4T5

Website

https://www.primowatercorp.com

Primo Water is a pure-play water provider with a variety of products and services, including water delivery, exchange, refill/filtration, and water dispensers in 21 countries, mostly in North America and Europe. The firm usually initiates the customer relationship with the sale of water dispensers, and then generates recurring revenue via the water direct and exchange services (two thirds of total sales) by delivering large-format (typically three gallons or greater) water bottles to residential and commercial customers for use atop or inside the dispensers. Primo generates 75% of revenue and all its profits in North America, while its European operation has yet to turn a profit.

Executives

Mercedes Romero	officer: Chief Procurement Officer	4221 WEST BOY SCOUT BOULEVARD, TAMPA FL 33607
Britta Bomhard	director	500 CHARLES EWING BLVD, EWING NJ 08628
Derek R. Lewis	director	1150 ASSEMBLY DR., SUITE 800, TAMPA FL 33607-4853
Lori Tauber Marcus	director	C/O THE CHILDREN'S PLACE, 500 PLAZA DRIVE, SECAUCUS NJ 07094
Archana Singh	director	111 RIVER STREET, HOBOKEN NJ 08559
Steven P Stanbrook	director	1525 HOWE ST, RACINE WI 53403
Billy D Prim	director	101 NORTH CHERRY STREET, SUITE 501, WINSTON SALEM NC 27101
Susan E. Cates	director	101 NORTH CHERRY STREET, SUITE 501, WINSTON-SALEM NC 27101
Eric J Foss	director
Thomas Harrington	officer: Chief Executive Officer	5519 IDLEWILD AVENUE, TAMPA FL 33634
William Alan Jamieson	officer: Global CIO	4221 WEST BOY SCOUT BOULEVARD, TAMPA FL 33607
David W. Hass	officer: Chief Financial Officer	101 NORTH CHERRY STREET, SUITE 501, WINSTON-SALEM NC 27101
Jason R Ausher	officer: Chief Accounting Officer	110 CORPORATE DRIVE, SUITE 10, PORTSMOUTH NH 03801
Anne Melaragni	officer: Chief Human Resources Officer	4221 WEST BOY SCOUT BOULEVARD, TAMPA FL 33607
Marni Morgan Poe	officer: Chief Legal Officer/Secretary	5519 W. IDLEWILD AVENUE, TAMPA FL 33634