Primoris Inventory from 2010 to 2024

PRIM Stock  USD 83.17  0.51  0.61%   
Primoris Services Inventory yearly trend continues to be very stable with very little volatility. Inventory is likely to grow to about 41.6 M this year. During the period from 2010 to 2024, Primoris Services Inventory quarterly data regression pattern had sample variance of 34269.5 T and median of  37,193,000. View All Fundamentals
 
Inventory  
First Reported
2008-09-30
Previous Quarter
45.8 M
Current Value
45 M
Quarterly Volatility
55.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Primoris Services financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Primoris Services' main balance sheet or income statement drivers, such as Interest Expense of 82.1 M, Selling General Administrative of 355.6 M or Other Operating Expenses of 5.7 B, as well as many indicators such as Price To Sales Ratio of 0.51, Dividend Yield of 0.0111 or PTB Ratio of 2.27. Primoris financial statements analysis is a perfect complement when working with Primoris Services Valuation or Volatility modules.
  
Check out the analysis of Primoris Services Correlation against competitors.
To learn how to invest in Primoris Stock, please use our How to Invest in Primoris Services guide.

Latest Primoris Services' Inventory Growth Pattern

Below is the plot of the Inventory of Primoris Services over the last few years. It is Primoris Services' Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Primoris Services' overall financial position and show how it may be relating to other accounts over time.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

Primoris Inventory Regression Statistics

Arithmetic Mean(65,719,093)
Geometric Mean69,030,064
Coefficient Of Variation(281.68)
Mean Deviation156,832,484
Median37,193,000
Standard Deviation185,120,195
Sample Variance34269.5T
Range491.5M
R-Value(0.35)
Mean Square Error32269.6T
R-Squared0.13
Significance0.19
Slope(14,671,089)
Total Sum of Squares479772.8T

Primoris Inventory History

202441.6 M
202339.7 M
202221.6 M
2021-423.7 M
2020-325.8 M
2018-344.8 M
201740.9 M

Other Fundumenentals of Primoris Services

About Primoris Services Financial Statements

Primoris Services investors utilize fundamental indicators, such as Inventory, to predict how Primoris Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Inventory39.7 M41.6 M
Change To Inventory-170.7 M-162.2 M
Inventory Turnover 211.38  221.95 
Days Of Inventory On Hand 2.28  2.40 
Days Of Inventory Outstanding 2.28  2.40 

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When determining whether Primoris Services is a strong investment it is important to analyze Primoris Services' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Primoris Services' future performance. For an informed investment choice regarding Primoris Stock, refer to the following important reports:
Check out the analysis of Primoris Services Correlation against competitors.
To learn how to invest in Primoris Stock, please use our How to Invest in Primoris Services guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Primoris Services. If investors know Primoris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Primoris Services listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.202
Dividend Share
0.24
Earnings Share
3.03
Revenue Per Share
114.686
Quarterly Revenue Growth
0.078
The market value of Primoris Services is measured differently than its book value, which is the value of Primoris that is recorded on the company's balance sheet. Investors also form their own opinion of Primoris Services' value that differs from its market value or its book value, called intrinsic value, which is Primoris Services' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Primoris Services' market value can be influenced by many factors that don't directly affect Primoris Services' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Primoris Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Primoris Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primoris Services' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.