PRST (Presto Automation) Change In Receivables: $0.96 Mil (TTM As of Mar. 2024)


What is Presto Automation Change In Receivables?

Presto Automation PRST Change In Receivables is $0.96 Mil as of Mar. 2024.

Presto Automation's change in receivables for the quarter that ended in Mar. 2024 was $0.55 Mil. It means Presto Automation's Accounts Receivable declined by $0.55 Mil from Dec. 2023 to Mar. 2024 .

Presto Automation's change in receivables for the fiscal year that ended in Jun. 2023 was $-0.31 Mil. It means Presto Automation's Accounts Receivable increased by $0.31 Mil from Jun. 2022 to Jun. 2023 .

Presto Automation's Accounts Receivable for the quarter that ended in Mar. 2024 was $1.25 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Presto Automation's Days Sales Outstanding for the three months ended in Mar. 2024 was 25.54.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Presto Automation's liquidation value for the three months ended in Mar. 2024 was $-73.34 Mil.

Presto Automation  (OTCPK:PRST) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Presto Automation's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.246/4.452*91
=25.54

2. In Ben Graham's calculation of liquidation value, Presto Automation's accounts receivable are only considered to be worth 75% of book value:

Presto Automation's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=4.235-78.6+0.75 * 1.246+0.5 * 0.181
=-73.34

* 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 Receivables Related Terms

Presto Automation Change In Receivables Historical Data

* Premium members only.

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

Presto Automation Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Change In Receivables
-1.31 1.09 -0.34 -0.31

Presto Automation Quarterly Data
Jun20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 0.38 -0.01 0.05 0.55

Presto Automation Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables 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 $0.96 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 Receivables →
What does a Change In Receivables of $0.96 Mil mean?
Presto Automation (PRST) has a Change In Receivables of $0.96 Mil as of Mar. 2024. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Presto Automation and its competitors.
Is Presto Automation's Change In Receivables too high?
Presto Automation's current Change In Receivables is $0.96 Mil.
How does Presto Automation's Change In Receivables compare to BOMO and CRM?
Presto Automation's Change In Receivables of $0.96 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 Receivables for a Software company?
A good Change In Receivables depends on the Software industry context. However, Change In Receivables 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 Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Presto Automation and its competitors. Presto Automation's current Change In Receivables is $0.96 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 Receivables of $0.96 Mil. The current Change In Receivables is $0.96 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Presto Automation (PRST), the current Change In Receivables is $0.96 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.