Primech Holdings (Primech Holdings) Total Inventories : $0.05 Mil (As of Sep. 2023)

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What is Primech Holdings Total Inventories?

Primech Holdings's total inventories for the quarter that ended in Sep. 2023 was $0.05 Mil. Primech Holdings's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Sep. 2023 was $0.10 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Primech Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.33.

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 six months 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 Total Inventories Historical Data

The historical data trend for Primech Holdings'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.

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Primech Holdings Total Inventories Chart

Primech Holdings Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Total Inventories

0.43

0.14

Primech Holdings Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Inventories	Get a 7-Day Free Trial			0.22	0.14	0.09	0.14	0.05

Primech Holdings Total Inventories Calculation

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.

Primech Holdings (NAS:PMEC) 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.

Primech Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

	Net-Net Working Capital Per Share (Q: Sep. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(8.685	+	0.75 * 13.692	+	0.5 * 0.053	-	30.502
-	0	-	0.058)	/	35.55
=	-0.33

2. 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 six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	0.097	/	31.012	*	365 / 2
	=	0.57

3. 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 (Q: Sep. 2023 )	/	Average Total Inventories (Q: Sep. 2023 )
	=	31.012	/	0.097
	=	319.71

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	0.097	/	35.161
	=	0.00

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.

Primech Holdings Total Inventories 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 » Total Inventories

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Traded in Other Exchanges

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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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