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Primo Water (TSX:PRMW) Change In Receivables : C$17 Mil (TTM As of Mar. 2024)


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What is Primo Water Change In Receivables?

Primo Water's change in receivables for the quarter that ended in Mar. 2024 was C$-8 Mil. It means Primo Water's Accounts Receivable increased by C$8 Mil from Dec. 2023 to Mar. 2024 .

Primo Water's change in receivables for the fiscal year that ended in Dec. 2023 was C$20 Mil. It means Primo Water's Accounts Receivable declined by C$20 Mil from Dec. 2022 to Dec. 2023 .

Primo Water's Accounts Receivable for the quarter that ended in Mar. 2024 was C$218 Mil.

Days Sales Outstanding measures of 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. Primo Water's Days Sales Outstanding for the three months ended in Mar. 2024 was 32.56.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Primo Water's liquidation value for the three months ended in Mar. 2024 was C$-1,913 Mil.

Primo Water Change In Receivables Historical Data

The historical data trend for Primo Water's Change In Receivables 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.

* Premium members only.

Primo Water Change In Receivables Chart

Primo Water Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.31 18.19 -4.86 -3.53 20.39

Primo Water Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.20 -40.66 14.34 51.12 -8.12

Primo Water Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$17 Mil.

* 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  (TSX:PRMW) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of 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.

Primo Water's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=218.336/611.827*91
=32.56

2. In Ben Graham's calculation of liquidation value, Primo Water's accounts receivable are only considered to be worth 75% of book value:

Primo Water's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=674.499-2783.002+0.75 * 218.336+0.5 * 62.672
=-1,913

* 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 Change In Receivables Related Terms

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Primo Water (TSX:PRMW) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Primo Water Corp (TSX:PRMW) » Definitions » Change In Receivables
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Traded in Other Exchanges
PRMW:USA GC6:Germany
Address
1200 Britannia Road East, Mississauga, ON, CAN, L4W 4T5
Website
https://www.primowatercorp.com
Primo Water is a pure-play water provider with a variety of products and services, including water delivery, exchange, refill/filtration, and water dispensers in 21 countries, mostly in North America and Europe. The firm usually initiates the customer relationship with the sale of water dispensers, and then generates recurring revenue via the water direct and exchange services (two thirds of total sales) by delivering large-format (typically three gallons or greater) water bottles to residential and commercial customers for use atop or inside the dispensers. Primo generates 75% of revenue and all its profits in North America, while its European operation has yet to turn a profit.
Executives
Thomas Harrington Senior Officer