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Primo Water's total inventories for the quarter that ended in Sep. 2024 was $49 Mil. Primo Water's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $48 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Primo Water's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-7.79.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Primo Water's Days Inventory for the three months ended in Sep. 2024 was 24.23.
Inventory Turnover measures how fast the company turns over its inventory within a year. Primo Water's Inventory Turnover for the quarter that ended in Sep. 2024 was 3.77.
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. Primo Water's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.09.
The historical data trend for Primo Water's Total Inventories 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.
Primo Water Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Total Inventories | Get a 7-Day Free Trial | 62.90 | 83.80 | 94.60 | 65.30 | 47.30 |
Primo Water Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Total Inventories | Get a 7-Day Free Trial | 105.80 | 47.30 | 46.30 | 47.30 | 48.60 |
Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.
Primo Water (NYSE:PRMW) Total Inventories Explanation
Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.
1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.
Primo Water's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is
Net-Net Working Capital Per Share (Q: Sep. 2024 ) | |||||||
= | (Cash And Cash Equivalents | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (667.3 | + | 0.75 * 185.8 | + | 0.5 * 48.6 | - | 2080.2 |
- | 0 | - | 0) | / | 160.341 | ||
= | -7.79 |
2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Primo Water's Days Inventory for the three months ended in Sep. 2024 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Sep. 2024 ) | / | Cost of Goods Sold (Q: Sep. 2024 ) | * | Days in Period |
= | 47.95 | / | 180.6 | * | 365 / 4 | |
= | 24.23 |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
Primo Water's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Sep. 2024 ) | / | Average Total Inventories (Q: Sep. 2024 ) |
= | 180.6 | / | 47.95 | |
= | 3.77 |
4. 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.
Primo Water's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Sep. 2024 ) | / | Revenue (Q: Sep. 2024 ) |
= | 47.95 | / | 511.4 | |
= | 0.09 |
* 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
Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.
When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.
Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.
Thank you for viewing the detailed overview of Primo Water's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
Billy D Prim | director | 101 NORTH CHERRY STREET, SUITE 501, WINSTON SALEM NC 27101 |
Mercedes Romero | officer: Chief Procurement Officer | 4221 WEST BOY SCOUT BOULEVARD, TAMPA FL 33607 |
Britta Bomhard | director | 500 CHARLES EWING BLVD, EWING NJ 08628 |
Derek R. Lewis | director | 1150 ASSEMBLY DR., SUITE 800, TAMPA FL 33607-4853 |
Lori Tauber Marcus | director | C/O THE CHILDREN'S PLACE, 500 PLAZA DRIVE, SECAUCUS NJ 07094 |
Archana Singh | director | 111 RIVER STREET, HOBOKEN NJ 08559 |
Steven P Stanbrook | director | 1525 HOWE ST, RACINE WI 53403 |
Susan E. Cates | director | 101 NORTH CHERRY STREET, SUITE 501, WINSTON-SALEM NC 27101 |
Eric J Foss | director | |
Thomas Harrington | officer: Chief Executive Officer | 5519 IDLEWILD AVENUE, TAMPA FL 33634 |
William Alan Jamieson | officer: Global CIO | 4221 WEST BOY SCOUT BOULEVARD, TAMPA FL 33607 |
David W. Hass | officer: Chief Financial Officer | 101 NORTH CHERRY STREET, SUITE 501, WINSTON-SALEM NC 27101 |
Jason R Ausher | officer: Chief Accounting Officer | 110 CORPORATE DRIVE, SUITE 10, PORTSMOUTH NH 03801 |
Anne Melaragni | officer: Chief Human Resources Officer | 4221 WEST BOY SCOUT BOULEVARD, TAMPA FL 33607 |
Marni Morgan Poe | officer: Chief Legal Officer/Secretary | 5519 W. IDLEWILD AVENUE, TAMPA FL 33634 |
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