Toast (MEX:TOST) Days Inventory : 9.67 (As of Sep. 2024)

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What is Toast Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Toast's Average Total Inventories for the three months ended in Sep. 2024 was MXN2,051 Mil. Toast's Cost of Goods Sold for the three months ended in Sep. 2024 was MXN19,356 Mil. Hence, Toast's Days Inventory for the three months ended in Sep. 2024 was 9.67.

The historical rank and industry rank for Toast's Days Inventory or its related term are showing as below:

MEX:TOST' s Days Inventory Range Over the Past 10 Years
Min: 8 Med: 9.31 Max: 13.73
Current: 11.27

During the past 5 years, Toast's highest Days Inventory was 13.73. The lowest was 8.00. And the median was 9.31.

MEX:TOST's Days Inventory is ranked better than
58.97% of 1555 companies
in the Software industry
Industry Median: 18.72 vs MEX:TOST: 11.27

Toast's Days Inventory declined from Sep. 2023 (11.51) to Sep. 2024 (9.67).

Inventory Turnover measures how fast the company turns over its inventory within a year. Toast's Inventory Turnover for the three months ended in Sep. 2024 was 9.44.

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. Toast's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.08.

Toast Days Inventory Historical Data

The historical data trend for Toast's Days 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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Toast Days Inventory Chart

Toast Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

9.31

8.97

7.93

12.68

14.71

Toast Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial														11.51	12.31	13.29	10.44	9.67

Competitive Comparison of Toast's Days Inventory

For the Software - Infrastructure subindustry, Toast's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Toast's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Toast's Days Inventory distribution charts can be found below:

* The bar in red indicates where Toast's Days Inventory falls into.

Toast Days Inventory Calculation

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

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

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (2144.56	+	2002.961)	/	2 )	/	51448.945	*	365
=	2073.7605					/	51448.945	*	365
=	14.71

Toast's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (2015.211	+	2087.172)	/	2 )	/	19355.565	*	365 / 4
=	2051.1915					/	19355.565	*	365 / 4
=	9.67

Toast (MEX:TOST) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Toast's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	19355.565	/	2051.1915
	=	9.44

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.

Toast's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2051.1915	/	25695.842
	=	0.08

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Toast Days Inventory Related Terms

Thank you for viewing the detailed overview of Toast's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Toast Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Toast Inc (MEX:TOST) » Definitions » Days Inventory

Comparable Companies

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Traded in Other Exchanges

TOST:USA 71Y:Germany

Address

401 Park Drive, Suite 801, Boston, MA, USA, 02215

Website

https://www.toasttab.com

Toast is a us-based restaurant technology company that provides point-of-sale, payment processing, and various software services to 127,000 restaurant locations across the United States as of September 2024. The firm generates sales from software subscription fees, as a percentage take rate from each financial transaction it processes, from loan origination and servicing fees from its Toast Capital arm, and from hardware installation and professional services. Unlike competitors, Toast intermediates every payment transaction on its platform, processing some $126 billion in gross platform volume in 2023. The firm's product offerings span point-of-sale systems, inventory and payroll management, delivery integration, e-commerce ordering, reservation management, and loyalty programs.