Presto Automation (Presto Automation) Days Inventory : 6.49 (As of Dec. 2023)

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What is Presto Automation Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Presto Automation's Average Total Inventories for the three months ended in Dec. 2023 was $0.42 Mil. Presto Automation's Cost of Goods Sold for the three months ended in Dec. 2023 was $5.85 Mil. Hence, Presto Automation's Days Inventory for the three months ended in Dec. 2023 was 6.49.

The historical rank and industry rank for Presto Automation's Days Inventory or its related term are showing as below:

PRST' s Days Inventory Range Over the Past 10 Years
Min: 8.36 Med: 38.18 Max: 104.14
Current: 8.36

During the past 4 years, Presto Automation's highest Days Inventory was 104.14. The lowest was 8.36. And the median was 38.18.

PRST's Days Inventory is ranked better than
63.51% of 1565 companies
in the Software industry
Industry Median: 19.64 vs PRST: 8.36

Presto Automation's Days Inventory declined from Dec. 2022 (7.04) to Dec. 2023 (6.49).

Inventory Turnover measures how fast the company turns over its inventory within a year. Presto Automation's Inventory Turnover for the three months ended in Dec. 2023 was 14.05.

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. Presto Automation's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.09.

Presto Automation Days Inventory Historical Data

The historical data trend for Presto Automation's Days 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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Presto Automation Days Inventory Chart

Presto Automation Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Days Inventory

104.14

50.63

25.72

10.67

Presto Automation Quarterly Data
	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial									7.04	7.79	8.93	11.20	6.49

Competitive Comparison of Presto Automation's Days Inventory

For the Software - Application subindustry, Presto Automation's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Presto Automation's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Presto Automation's Days Inventory distribution charts can be found below:

* The bar in red indicates where Presto Automation's Days Inventory falls into.

Presto Automation Days Inventory Calculation

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

Presto Automation's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0.869	+	0.629)	/	2 )	/	25.614	*	365
=	0.749					/	25.614	*	365
=	10.67

Presto Automation's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.52	+	0.312)	/	2 )	/	5.845	*	365 / 4
=	0.416					/	5.845	*	365 / 4
=	6.49

Presto Automation (NAS:PRST) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Presto Automation's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5.845	/	0.416
	=	14.05

2. 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.

Presto Automation's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.416	/	4.893
	=	0.09

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Presto Automation Days Inventory Related Terms

Thank you for viewing the detailed overview of Presto Automation's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Presto Automation (Presto Automation) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Presto Automation Inc (NAS:PRST) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

985 Industrial Road, San Carlos, CA, USA, 94070

Website

https://www.presto.com

Presto Automation Inc overlays next-gen digital solutions onto the physical world. It provides an accurate, next-gen solution that uses artificial intelligence to automate speech recognition for restaurant drive-thru. The Company earns substantially all of its revenue in the United States.

Executives

Keith E Kravcik	director	11840 VALLEY VIEW ROAD, EDEN PRAIRIE MN 55344
Dan Mosher	officer: Chief Revenue Officer	810 HAMILTON STREET, REDWOOD CITY CA 94063
Justin Foster	officer: Chief Revenue Officer	PRESTO AUTOMATION INC., 985 INDUSTRIAL ROAD, SAN CARLOS CA 94070
Cleveland Avenue Food & Beverage Fund Ii, Lp	10 percent owner	222 N. CANAL STREET, CHICAGO IL 60606
Nathan Cook	officer: Interim CFO	PRESTO AUTOMATION INC., 985 INDUSTRIAL ROAD, SAN CARLOS CA 94070
Xavier Casanova	officer: CHIEF OPERATING OFFICER	PRESTO AUTOMATION INC., 985 INDUSTRIAL ROAD, SAN CARLOS CA 94070
Rajat Suri	10 percent owner	525 MIDDLEFIELD ROAD, SUITE 250, MENLO PARK CA 94025
Stanley Mbugua	officer: Chief Accounting Officer	SKILLZ INC, PO BOX 455, SAN FRAN CA 94104
Scott David Raskin	director	QUOTIENT TECHNOLOGY INC., 1260 EAST STRINGHAM AVENUE, SUITE 600, SALT LAKE CITY UT 84106
Gail Zauder	director	122 EAST 82ND STREET, NEW YORK NY 10028
Kim A Lopdrup	director	1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Jonas Grossman	director, 10 percent owner	17 STREET, SUITE 1600, NEW YORK NY 10004
Ashish Ram Gupta	officer: Chief Financial Officer	810 HAMILTON STREET, REDWOOD CITY CA 94063
William Robert Healey	officer: Chief Technology Officer	810 HAMILTON STREET, REDWOOD CITY CA 94063
Romulus Elc B3 Special Opportunity, L.p.	10 percent owner	307 HARVARD STREET, CAMBRIDGE MA 02139