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Prima Marine PCL (BKK:PRM) Days Inventory : 14.70 (As of Mar. 2024)


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What is Prima Marine PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Prima Marine PCL's Average Total Inventories for the three months ended in Mar. 2024 was ฿219 Mil. Prima Marine PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿1,362 Mil. Hence, Prima Marine PCL's Days Inventory for the three months ended in Mar. 2024 was 14.70.

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

BKK:PRM' s Days Inventory Range Over the Past 10 Years
Min: 12.17   Med: 14.23   Max: 20.14
Current: 15.74

During the past 10 years, Prima Marine PCL's highest Days Inventory was 20.14. The lowest was 12.17. And the median was 14.23.

BKK:PRM's Days Inventory is ranked better than
69.18% of 730 companies
in the Oil & Gas industry
Industry Median: 31.94 vs BKK:PRM: 15.74

Prima Marine PCL's Days Inventory declined from Mar. 2023 (15.33) to Mar. 2024 (14.70).

Inventory Turnover measures how fast the company turns over its inventory within a year. Prima Marine PCL's Inventory Turnover for the three months ended in Mar. 2024 was 6.21.

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. Prima Marine PCL's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.10.


Prima Marine PCL Days Inventory Historical Data

The historical data trend for Prima Marine 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.

* Premium members only.

Prima Marine PCL Days Inventory Chart

Prima Marine PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.37 16.32 14.78 12.17 13.67

Prima Marine PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.33 16.54 15.94 15.08 14.70

Competitive Comparison of Prima Marine PCL's Days Inventory

For the Oil & Gas Midstream subindustry, Prima Marine 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.


Prima Marine PCL's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Prima Marine PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Prima Marine PCL's Days Inventory falls into.



Prima Marine PCL Days Inventory Calculation

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

Prima Marine 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
=( (177.548 + 215.713) / 2 ) / 5250.975*365
=196.6305 / 5250.975*365
=13.67

Prima Marine 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
=( (215.713 + 222.978) / 2 ) / 1361.791*365 / 4
=219.3455 / 1361.791*365 / 4
=14.70

* 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.


Prima Marine PCL  (BKK:PRM) 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.

Prima Marine PCL's Inventory Turnover for the three months ended in Mar. 2024 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.

Prima Marine PCL's Inventory to Revenue for the three months ended in Mar. 2024 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.


Prima Marine PCL Days Inventory Related Terms

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


Prima Marine PCL (BKK:PRM) Business Description

Traded in Other Exchanges
N/A
Address
80 Soi Bangna-Trad 30, Debaratna Road, South Bangna Sub-district, Bangna District, Bangkok, THA, 10260
Prima Marine PCL is involved in the marine transportation of petroleum products and accommodation work barges. The business activities of the group have functioned through four business segments namely Sea transportation of petroleum and chemical products; Storage of petroleum products; Supporting exploration and production of offshore petroleum products by sending staff and exploration equipment from one place to another place and accommodation service; and Ship management, recruitment, and transportation services for crews. Geographically, the activities of the group are carried out through Thailand and Singapore.