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


What is Presto Automation Change In Inventory?

Presto Automation PRST -99.00% Change In Inventory is $-0.21 Mil as of Mar. 2024.

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  (OTCPK: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

* 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 Change In Inventory Related Terms

Presto Automation Change In Inventory Historical Data

* Premium members only.

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.

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 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 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.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $-0.21 Mil mean?
Presto Automation (PRST) has a Change In Inventory of $-0.21 Mil as of Mar. 2024. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Presto Automation and its competitors.
Is Presto Automation's Change In Inventory too high?
Presto Automation's current Change In Inventory is $-0.21 Mil.
How does Presto Automation's Change In Inventory compare to BOMO and CRM?
Presto Automation's Change In Inventory of $-0.21 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Software company?
A good Change In Inventory depends on the Software industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Presto Automation and its competitors. Presto Automation's current Change In Inventory is $-0.21 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Presto Automation stock overvalued right now?
Presto Automation (PRST) has a current Change In Inventory of $-0.21 Mil. The current Change In Inventory is $-0.21 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Presto Automation (PRST), the current Change In Inventory is $-0.21 Mil as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Presto Automation Business Description

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