Prima Marine PCL (BKK:PRM) Days Sales Outstanding : 39.09 (As of Mar. 2024)

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What is Prima Marine PCL Days Sales Outstanding?

Prima Marine PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿913 Mil. Prima Marine PCL's Revenue for the three months ended in Mar. 2024 was ฿2,132 Mil. Hence, Prima Marine PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 39.09.

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

BKK:PRM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.28 Med: 27.59 Max: 57.82
Current: 38.06

During the past 10 years, Prima Marine PCL's highest Days Sales Outstanding was 57.82. The lowest was 20.28. And the median was 27.59.

BKK:PRM's Days Sales Outstanding is ranked better than
62.35% of 935 companies
in the Oil & Gas industry
Industry Median: 48.8 vs BKK:PRM: 38.06

Prima Marine PCL's Days Sales Outstanding increased from Mar. 2023 (29.10) to Mar. 2024 (39.09).

Prima Marine PCL Days Sales Outstanding Historical Data

The historical data trend for Prima Marine PCL'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.

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Prima Marine PCL Days Sales Outstanding Chart

Prima Marine PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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30.34

24.24

26.27

27.36

29.48

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 Sales Outstanding	Get a 7-Day Free Trial															29.10	33.71	41.12	34.97	39.09

Competitive Comparison of Prima Marine PCL's Days Sales Outstanding

For the Oil & Gas Midstream subindustry, Prima Marine PCL'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.

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

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

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

Prima Marine PCL 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.

Prima Marine PCL'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
=	( (588.552	+	717.898)	/	2 )	/	8086.923	*	365
=	653.225					/	8086.923	*	365
=	29.48

Prima Marine PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (717.898	+	1108.62)	/	2 )	/	2131.725	*	365 / 4
=	913.259					/	2131.725	*	365 / 4
=	39.09

Prima Marine PCL (BKK:PRM) Days Sales Outstanding Explanation

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

Prima Marine PCL Days Sales Outstanding Related Terms

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Prima Marine PCL (BKK:PRM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Prima Marine PCL (BKK:PRM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 Soi Bangna-Trad 30, Debaratna Road, South Bangna Sub-district, Bangna District, Bangkok, THA, 10260

Website

https://www.primamarine.co.th

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.