Primo Water (TSX:PRMW) Days Sales Outstanding : 1,944.89 (As of Dec. 2023)

View and export this data going back to 1986. Start your Free Trial

What is Primo Water Days Sales Outstanding?

Primo Water's average Accounts Receivable for the three months ended in Dec. 2023 was C$286 Mil. Primo Water's Revenue for the three months ended in Dec. 2023 was C$13 Mil. Hence, Primo Water's Days Sales Outstanding for the three months ended in Dec. 2023 was 1,944.89.

The historical rank and industry rank for Primo Water's Days Sales Outstanding or its related term are showing as below:

TSX:PRMW' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.41 Med: 46.13 Max: 80.38
Current: 46.85

During the past 13 years, Primo Water's highest Days Sales Outstanding was 80.38. The lowest was 31.41. And the median was 46.13.

TSX:PRMW's Days Sales Outstanding is ranked worse than
55.45% of 110 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 42.68 vs TSX:PRMW: 46.85

Primo Water's Days Sales Outstanding increased from Dec. 2022 (1,803.65) to Dec. 2023 (1,944.89).

Primo Water Days Sales Outstanding Historical Data

The historical data trend for Primo Water's Days Sales Outstanding 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.

* Premium members only.

Primo Water Days Sales Outstanding Chart

Primo Water Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

49.83

38.54

51.75

41.36

31.41

Primo Water Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															1,803.65	34.96	43.40	41.47	1,944.89

Competitive Comparison of Primo Water's Days Sales Outstanding

For the Beverages - Non-Alcoholic subindustry, Primo Water's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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 Water's Days Sales Outstanding Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Primo Water's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Primo Water's Days Sales Outstanding falls into.

Primo Water Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Primo Water's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (212.741	+	196.41)	/	2 )	/	2377.047	*	365
=	204.5755					/	2377.047	*	365
=	31.41

Primo Water's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (375.485	+	196.41)	/	2 )	/	13.416	*	365 / 4
=	285.9475					/	13.416	*	365 / 4
=	1,944.89

Primo Water (TSX:PRMW) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Primo Water Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Primo Water's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Primo Water (TSX:PRMW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Primo Water Corp (TSX:PRMW) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

PRMW:USA GC6:Germany

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.