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Peraso (Peraso) Inventory Turnover : 0.56 (As of Mar. 2024)


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What is Peraso Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Peraso's Cost of Goods Sold for the three months ended in Mar. 2024 was $1.51 Mil. Peraso's Average Total Inventories for the quarter that ended in Mar. 2024 was $2.68 Mil. Peraso's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Peraso's Days Inventory for the three months ended in Mar. 2024 was 162.01.

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. Peraso's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.95.


Peraso Inventory Turnover Historical Data

The historical data trend for Peraso's Inventory Turnover 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.

Peraso Inventory Turnover Chart

Peraso Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
0.43 1.47 1.28 1.94 2.99

Peraso Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory Turnover 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 0.61 0.36 0.45 1.09 0.56

Peraso Inventory Turnover Calculation

Peraso's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=11.877 / ((5.348 + 2.606) / 2 )
=11.877 / 3.977
=2.99

Peraso's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=1.51 / ((2.606 + 2.756) / 2 )
=1.51 / 2.681
=0.56

* 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.


Peraso  (NAS:PRSO) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Peraso's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=2.681/1.51*365 / 4
=162.01

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.

Peraso's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=2.681 / 2.816
=0.95

* 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.


Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Peraso Inventory Turnover Related Terms

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Peraso (Peraso) Business Description

Traded in Other Exchanges
N/A
Address
2309 Bering Drive, San Jose, CA, USA, 95131
Peraso Inc is engaged in the development of high-performance 5G mmWave wireless technology. It offers chipsets, modules, software, and IP. Peraso supports a variety of applications, including fixed wireless access, immersive video, and factory automation. In addition, Peraso's solutions for data and telecom networks focus on Accelerating Data Intelligence and Multi-Access Edge Computing, providing end-to-end solutions from the edge to the centralized core and into the cloud.
Executives
Mark Lunsford officer: Chief Revenue Officer
Ian Mcwalter director 2309 BERING DRIVE, SAN JOSE CA 95131
Newell Robert Y Iv director 2309 BERING DRIVE, SAN JOSE CA 95131
Roadmap Peraso Lp Ii (u.s. & Offshore) 10 percent owner 130 BLOOR STREET WEST, SUITE 603, TORONTO A6 M5S 1N5
Roadmap Peraso Lp Iii (u.s. & Offshore) 10 percent owner 130 BLOOR STREET WEST, SUITE 603, TORONTO A6 M5S 1N5
Andreas Melder director 2309 BERING DRIVE, SAN JOSE CA 95131
Alex Tomkins officer: Chief Technology Officer 2309 BERING DRIVE, SAN JOSE CA 95131
Brad Lynch officer: Chief Operating Officer 2309 BERING DRIVE, SAN JOSE CA 95131
Ronald Glibbery director, officer: Chief Executive Officer 2309 BERING DRIVE, SAN JOSE CA 95131
Roadmap Innovation Fund I 10 percent owner 130 BLOOR STREET WEST, SUITE 603, TORONTO A6 M5S 1N5
Roadmap Innovation Fund Ii 10 percent owner 130 BLOOR STREET WEST, SUITE 603, TORONTO A6 M5S 1N5
Roadmap Capital General Partner Ltd 10 percent owner 130 BLOOR STREET WEST, SUITE 603, TORONTO A6 M5S 1N5
Roadmap Peraso Lp 10 percent owner 130 BLOOR STREET WEST, SUITE 603, TORONTO A6 M5S 1N5
Roadmap Peraso Lp Ii 10 percent owner 130 BLOOR STREET WEST, SUITE 603, TORONTO A6 M5S 1N5
Roadmap Peraso Lp Iii 10 percent owner 130 BLOOR STREET WEST, SUITE 603, TORONTO A6 M5S 1N5