Days Inventory is also known as Days Sales of Inventory (DSI). Primoris Services's Average Total Inventories for the
three
months ended in Dec. 2023 was $0 Mil. Primoris Services's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $1,359 Mil.
Hence, Primoris Services's Days Inventory for the
three
months ended in Dec. 2023 was 0.00.
The historical rank and industry rank for Primoris Services's Days Inventory or its related term are showing as below:
During the past 13 years, Primoris Services's highest Days Inventory was 13.44. The lowest was 8.55. And the median was 11.37.
PRIM's Days Inventory is not ranked *
in the Construction industry.
Industry Median: 48.6 * Ranked among companies with meaningful Days Inventory only.
Primoris Services's Days Inventory
stayed the same
from Dec. 2022 (0.00) to Dec. 2023 (0.00).
Inventory Turnover measures how fast the company turns over its inventory within a year.
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.
Primoris Services's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.00.
Primoris Services Days Inventory Historical Data
The historical data trend for Primoris Services'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.
For the Engineering & Construction subindustry, Primoris Services'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.
Primoris Services Days Inventory Distribution
For the Construction industry and Industrials sector, Primoris Services's Days Inventory distribution charts can be found below:
* The bar in red indicates where Primoris Services's Days Inventory falls into.
Primoris Services Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Primoris Services's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Primoris Services (NYSE:PRIM) 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.
Primoris Services's Inventory Turnover for the
three
months ended in Dec. 2023 is calculated as
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.
Primoris Services's Inventory to Revenue for the
three
months ended in Dec. 2023 is calculated as
* 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.
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.
Primoris Services Days Inventory Related Terms
Thank you for viewing the detailed overview of Primoris Services's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Primoris Services (Primoris Services) Business Description
Primoris Services Corp is a specialty contractor and infrastructure company in the United States. It has three operating segments. The Utility segment specializes in a range of services, including the installation and maintenance of new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems. The pipeline segment constructs and maintains pipelines for the petroleum and petrochemical industries. The Energy/Renewables segment includes engineering, procurement, construction, retrofits, highway and bridge construction, demolition, and other services. The Energy/Renewables segment earns the majority of the revenue. Primoris earns most of its revenue in the U.S.
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