PRST (Presto Automation) Days Inventory: 5.25 (As of Mar. 2024)


What is Presto Automation Days Inventory?

Presto Automation PRST -99.00% Days Inventory is 5.25 as of Mar. 2024.

Days Inventory is also known as Days Sales of Inventory (DSI). Presto Automation's Average Total Inventories for the three months ended in Mar. 2024 was $0.25 Mil. Presto Automation's Cost of Goods Sold for the three months ended in Mar. 2024 was $4.29 Mil. Hence, Presto Automation's Days Inventory for the three months ended in Mar. 2024 was 5.25.

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

PRST's Days Inventory is not ranked *
in the Software industry.
Industry Median: 20.13
* Ranked among companies with meaningful Days Inventory only.

Presto Automation's Days Inventory declined from Mar. 2023 (7.79) to Mar. 2024 (5.25).

Inventory Turnover measures how fast the company turns over its inventory within a year. Presto Automation's Inventory Turnover for the three months 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 three months ended in Mar. 2024 was 0.06.

Presto Automation  (OTCPK:PRST) 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.

Presto Automation's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=4.286 / 0.2465
=17.39

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.

Presto Automation's Inventory to Revenue for the three months 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.

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.

Presto Automation Days Inventory Related Terms

Presto Automation Days Inventory Historical Data

* Premium members only.

The historical data trend for Presto Automation'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.

Presto Automation Days Inventory Chart

Presto Automation Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Days Inventory
104.14 50.63 25.72 10.67

Presto Automation Quarterly Data
Jun20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days 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 7.79 8.93 11.20 6.49 5.25

PRST vs BOMO, CRM, INTU: Days Inventory Comparison

For the Software - Application subindustry, Presto Automation'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.

Presto Automation Days Inventory vs Software Industry

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

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


Presto Automation Days Inventory Calculation

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 fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (0.869 + 0.629) / 2 ) / 25.614*365
=0.749 / 25.614*365
=10.67

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

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0.312 + 0.181) / 2 ) / 4.286*365 / 4
=0.2465 / 4.286*365 / 4
=5.25

* 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 Days Inventory →
What does a Days Inventory of 5.25 mean?
Presto Automation (PRST) has a Days Inventory of 5.25 as of Mar. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Presto Automation and its competitors.
Is Presto Automation's Days Inventory too high?
Presto Automation's current Days Inventory is 5.25. The Software industry median Days Inventory is 20.13. Presto Automation's value of 5.25 is 73.9% below this industry median.
How does Presto Automation's Days Inventory compare to BOMO and CRM?
Presto Automation's Days Inventory of 5.25 can be compared against companies in the Software industry. The industry median Days Inventory is 20.13. Presto Automation's value of 5.25 is 73.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Software company?
The median Days Inventory among Software companies is 20.13, based on 1,649 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Presto Automation's current Days Inventory of 5.25 is 73.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Presto Automation and its competitors. For the Software industry, the median Days Inventory is 20.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Presto Automation's current Days Inventory is 5.25. 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 Days Inventory of 5.25. The current Days Inventory is 5.25 and 73.9% below the Software industry median of 20.13. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Presto Automation (PRST), the current Days Inventory is 5.25 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.