Primech Holdings (Primech Holdings) Change In Inventory : $0.01 Mil (TTM As of Sep. 2023)

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What is Primech Holdings Change In Inventory?

Primech Holdings's change in inventory for the quarter that ended in Sep. 2023 was $0.00 Mil. It means Primech Holdings's inventory stayed the same from Mar. 2023 to Sep. 2023 .

Primech Holdings's change in inventory for the fiscal year that ended in Mar. 2023 was $0.01 Mil. It means Primech Holdings's inventory declined by $0.01 Mil from Mar. 2022 to Mar. 2023 .

Primech Holdings's Total Inventories for the quarter that ended in Sep. 2023 was $0.05 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Primech Holdings's Days Inventory for the quarter that ended in Sep. 2023 was 0.57.

Inventory Turnover measures how fast the company turns over its inventory within a year. Primech Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 319.71.

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. Primech Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.

Primech Holdings Change In Inventory Historical Data

The historical data trend for Primech Holdings's Change In 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.

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Primech Holdings Change In Inventory Chart

Primech Holdings Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Change In Inventory

-0.01

0.01

Primech Holdings Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Inventory	Get a 7-Day Free Trial			-	-	0.05	-0.05	-

Primech Holdings Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.01 Mil.

Primech Holdings (NAS:PMEC) Change In Inventory Explanation

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

Primech Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.097	/	31.012	*	365 / 2
	=	0.57

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Primech Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	31.012	/	0.097
	=	319.71

3. 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.

Primech Holdings's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.097	/	35.161
	=	0.00

Primech Holdings Change In Inventory Related Terms

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Primech Holdings (Primech Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Primech Holdings Ltd (NAS:PMEC) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

23 Ubi Crescent, Singapore, SGP, 408579

Website

https://www.primechholdings.com

Primech Holdings Ltd is a technology-driven facilities services provider in the public and private sectors operating mainly in Singapore. The services offered by the company include Facilities services, Stewarding services, Cleaning services to offices, Cleaning services to homes, and Cleaning Supplies.

Primech Holdings (Primech Holdings) Headlines

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