Primo Days Sales Outstanding from 2010 to 2024

PRMB Stock   28.32  0.01  0.04%   
Primo Brands' Days Sales Outstanding is increasing over the years with slightly volatile fluctuation. Overall, Days Sales Outstanding is expected to go to 47.45 this year. From 2010 to 2024 Primo Brands Days Sales Outstanding quarterly data regression line had arithmetic mean of  43.50 and r-squared of  0.18. View All Fundamentals
 
Days Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
32.13681002
Current Value
47.45
Quarterly Volatility
8.56883077
 
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Covid
Check Primo Brands financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Primo Brands' main balance sheet or income statement drivers, such as , as well as many indicators such as Price To Sales Ratio of 0.9, Dividend Yield of 0.0222 or PTB Ratio of 2.98. Primo financial statements analysis is a perfect complement when working with Primo Brands Valuation or Volatility modules.
  
Check out the analysis of Primo Brands Correlation against competitors.
For information on how to trade Primo Stock refer to our How to Trade Primo Stock guide.

Latest Primo Brands' Days Sales Outstanding Growth Pattern

Below is the plot of the Days Sales Outstanding of Primo Brands over the last few years. It is Primo Brands' Days Sales Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Primo Brands' overall financial position and show how it may be relating to other accounts over time.
Days Sales Outstanding10 Years Trend
Slightly volatile
   Days Sales Outstanding   
       Timeline  

Primo Days Sales Outstanding Regression Statistics

Arithmetic Mean43.50
Geometric Mean42.73
Coefficient Of Variation19.70
Mean Deviation6.86
Median42.57
Standard Deviation8.57
Sample Variance73.42
Range28.4341
R-Value0.42
Mean Square Error65.11
R-Squared0.18
Significance0.12
Slope0.81
Total Sum of Squares1,028

Primo Days Sales Outstanding History

2024 47.45
2023 32.14
2022 55.75
2021 60.57
2020 41.54
2019 42.57
2018 47.42

About Primo Brands Financial Statements

Primo Brands stakeholders use historical fundamental indicators, such as Primo Brands' Days Sales Outstanding, to determine how well the company is positioned to perform in the future. Although Primo Brands investors may analyze each financial statement separately, they are all interrelated. For example, changes in Primo Brands' assets and liabilities are reflected in the revenues and expenses on Primo Brands' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Primo Brands. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Sales Outstanding 32.14  47.45 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Primo Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Primo Brands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Primo Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Primo Brands Stock:
Check out the analysis of Primo Brands Correlation against competitors.
For information on how to trade Primo Stock refer to our How to Trade Primo Stock guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Candy and Soda 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 Primo Brands. If investors know Primo 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 Primo Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Primo Brands is measured differently than its book value, which is the value of Primo that is recorded on the company's balance sheet. Investors also form their own opinion of Primo Brands' value that differs from its market value or its book value, called intrinsic value, which is Primo Brands' 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 Primo Brands' market value can be influenced by many factors that don't directly affect Primo Brands' 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 Primo Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Primo Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primo Brands' 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.