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Presto Automation's total inventories for the quarter that ended in Mar. 2024 was $0.18 Mil. Presto Automation's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $0.25 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Presto Automation's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.70.
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 three months ended in Mar. 2024 was 5.25.
Inventory Turnover measures how fast the company turns over its inventory within a year. Presto Automation's Inventory Turnover for the quarter that ended in Mar. 2024 was 17.39.
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 quarter that ended in Mar. 2024 was 0.06.
The historical data trend for Presto Automation'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.
Presto Automation Annual Data | |||||||||
Trend | Jun20 | Jun21 | Jun22 | Jun23 | |||||
Total Inventories | 4.69 | 3.32 | 0.87 | 0.63 |
Presto Automation Quarterly Data | |||||||||||||||
Jun20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Total Inventories | Get a 7-Day Free Trial | 0.40 | 0.63 | 0.52 | 0.31 | 0.18 |
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.
Presto Automation (NAS:PRST) 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.
Presto Automation's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is
Net-Net Working Capital Per Share (Q: Mar. 2024 ) | |||||||
= | (Cash And Cash Equivalents | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (4.235 | + | 0.75 * 1.246 | + | 0.5 * 0.181 | - | 78.6 |
- | 0 | - | 0) | / | 104.176 | ||
= | -0.70 |
2. 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 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 |
= | 0.2465 | / | 4.286 | * | 365 / 4 | |
= | 5.25 |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
Presto Automation's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Mar. 2024 ) | / | Average Total Inventories (Q: Mar. 2024 ) |
= | 4.286 | / | 0.2465 | |
= | 17.39 |
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.
Presto Automation'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 ) |
= | 0.2465 | / | 4.452 | |
= | 0.06 |
* 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
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.
Thank you for viewing the detailed overview of Presto Automation's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
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