Perimeter Solutions (Perimeter Solutions) Days Inventory : 336.13 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Perimeter Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Perimeter Solutions's Average Total Inventories for the three months ended in Dec. 2023 was $142.7 Mil. Perimeter Solutions's Cost of Goods Sold for the three months ended in Dec. 2023 was $38.7 Mil. Hence, Perimeter Solutions's Days Inventory for the three months ended in Dec. 2023 was 336.13.

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

PRM' s Days Inventory Range Over the Past 10 Years
Min: 132.34 Med: 186.8 Max: 297.88
Current: 297.88

During the past 5 years, Perimeter Solutions's highest Days Inventory was 297.88. The lowest was 132.34. And the median was 186.80.

PRM's Days Inventory is ranked worse than
95.18% of 1493 companies
in the Chemicals industry
Industry Median: 82.92 vs PRM: 297.88

Perimeter Solutions's Days Inventory declined from Dec. 2022 (391.51) to Dec. 2023 (336.13).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Perimeter Solutions's Inventory Turnover for the three months ended in Dec. 2023 was 0.27.

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. Perimeter Solutions's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.40.

Perimeter Solutions Days Inventory Historical Data

The historical data trend for Perimeter Solutions'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.

Perimeter Solutions Days Inventory Chart

Perimeter Solutions Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

164.28

132.34

209.32

287.43

Perimeter Solutions Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial											391.51	440.21	330.12	199.26	336.13

Competitive Comparison of Perimeter Solutions's Days Inventory

For the Specialty Chemicals subindustry, Perimeter Solutions'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.

Perimeter Solutions's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Perimeter Solutions's Days Inventory distribution charts can be found below:

* The bar in red indicates where Perimeter Solutions's Days Inventory falls into.

Perimeter Solutions Days Inventory Calculation

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

Perimeter Solutions'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
=	( (142.961	+	145.652)	/	2 )	/	183.253	*	365
=	144.3065					/	183.253	*	365
=	287.43

Perimeter Solutions's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (139.785	+	145.652)	/	2 )	/	38.744	*	365 / 4
=	142.7185					/	38.744	*	365 / 4
=	336.13

Perimeter Solutions (NYSE: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.

Perimeter Solutions's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	38.744	/	142.7185
	=	0.27

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.

Perimeter Solutions's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	142.7185	/	59.455
	=	2.40

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.

Perimeter Solutions Days Inventory Related Terms

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

Perimeter Solutions (Perimeter Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Perimeter Solutions SA (NYSE:PRM) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

6OL:Germany

Address

12E Rue Guillaume Kroll, Grand Duchy of Luxembourg, LUX, L-1882

Website

https://www.perimeter-solutions.com

Perimeter Solutions SA is a global manufacturer of firefighting products and lubricant additives. The company operates in two business segments namely Fire Safety and Specialty Products. Geographically, the company generates majority of the revenue from United States.

Executives

Khouri Haitham	director, officer: Chief Executive Officer	C/O PERIMETER SOLUTIONS, SA, 12E RUE GUILLAUME KROLL L1882 LUXEMBOURG, GRAND DUCHY N4 00000
Tracy Britt Cool	director	C/O BERKSHIRE HATHAWAY INC., 3555 FARNAM STREET, OMAHA NE 68131
Windacre Partnership Master Fund, Lp	10 percent owner	2200 POST OAK BLVD., SUITE 1580, HOUSTON TX 77056
Charles W. Kropp	officer: Chief Financial Officer	C/O PERIMETER SOLUTIONS, SA, 12E RUE GUILLAUME KROLL L1882 LUXEMBOURG, GRAND DUCHY N4 00000
Jeffrey Emery	officer: President - Global Fire Safety	C/O PERIMETER SOLUTIONS, SA, 12E RUE GUILLAUME KROLL L1882 LUXEMBOURG, GRAND DUCHY N4 00000
Iversen Bernt G Ii	director	CHAMPION AEROSPACE INC, 1230 OLD NORRIS ROAD, LIBERTY SC 29657
Kevin M Stein	director	TRANSDIGM GROUP INCORPORATED, 1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114
Edward D. Goldberg	director, officer: Chief Executive Officer	C/O PERIMETER SOLUTIONS, SA, 12E RUE GUILLAUME KROLL L1882 LUXEMBOURG, GRAND DUCHY N4 00000
Windacre Partnership Llc	10 percent owner	2200 POST OAK BOULEVARD, SUITE 1580, HOUSTON TX 77056
Snehal Amin	10 percent owner	2200 POST OAK BLVD., SUITE 1580, HOU TX 77056
Sean P Hennessy	director	C/O THE SHERWIN WILLIAMS CO, 101 PROSPECT AVE NW, CLEVELAND OH 44115
Windacre General Partner Lp	10 percent owner	2200 POST OAK BLVD., SUITE 1580, HOUSTON TX 77056
Kremling Ernest C. Ii	officer: Chief Operating Officer	9555 WEST SAM HOUSTON PARKWAY SOUTH, SUITE 600, HOUSTON TX 77099
Noriko Yokozuka	officer: General Counsel	C/O PERIMETER SOLUTIONS, SA, 12E RUE GUILLAUME KROLL L1882 LUXEMBOURG, GRAND DUCHY N4 00000
Stephen Cornwall	officer: Chief Commercial Officer	C/O PERIMETER SOLUTIONS, SA, 12E RUE GUILLAUME KROLL L1882 LUXEMBOURG, GRAND DUCHY N4 00000