Presto Automation (Presto Automation) Change In Inventory : $-0.21 Mil (TTM As of Mar. 2024)

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What is Presto Automation Change In Inventory?

Presto Automation's change in inventory for the quarter that ended in Mar. 2024 was $0.13 Mil. It means Presto Automation's inventory declined by $0.13 Mil from Dec. 2023 to Mar. 2024 .

Presto Automation's change in inventory for the fiscal year that ended in Jun. 2023 was $0.24 Mil. It means Presto Automation's inventory declined by $0.24 Mil from Jun. 2022 to Jun. 2023 .

Presto Automation's Total Inventories for the quarter that ended in Mar. 2024 was $0.18 Mil.

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 quarter that 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.

Presto Automation Change In Inventory Historical Data

The historical data trend for Presto Automation's Change In 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 Change In Inventory Chart

Presto Automation Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Change In Inventory

-3.97

1.37

2.45

0.24

Presto Automation Quarterly Data
	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial										0.26	-0.23	0.11	-0.22	0.13

Presto Automation Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory 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 $-0.21 Mil.

Presto Automation (NAS:PRST) Change In Inventory Explanation

1. 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 quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.2465	/	4.286	*	365 / 4
	=	5.25

2. 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	/	Average Total Inventories
	=	4.286	/	0.2465
	=	17.39

3. 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	/	Revenue
	=	0.2465	/	4.452
	=	0.06

Presto Automation Change In Inventory Related Terms

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Presto Automation (Presto Automation) Business Description

Industry

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