The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Presto Automation's Revenue for the
three
months ended in Mar. 2024 was $4.45 Mil. Presto Automation's average Accounts Receivable for the
three
months ended in Mar. 2024 was $1.52 Mil.
Hence, Presto Automation's Receivables Turnover for the
three
months ended in Mar. 2024 was 2.93.
An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.
Presto Automation Receivables Turnover Related Terms
Presto Automation Receivables Turnover Historical Data
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The historical data trend for Presto Automation's Receivables Turnover 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.
PRST vs BOMO, CRM, INTU: Receivables Turnover Comparison
For the Software - Application subindustry, Presto Automation's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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 Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Presto Automation's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Presto Automation's Receivables Turnover falls into.
* 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 (PRST) has a Receivables Turnover of 2.93 as of Mar. 2024. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Presto Automation and its competitors.
Is Presto Automation's Receivables Turnover too high?
Presto Automation's current Receivables Turnover is 2.93. The Software industry median Receivables Turnover is 5.67. Presto Automation's value of 2.93 is 48.3% below this industry median.
How does Presto Automation's Receivables Turnover compare to BOMO and CRM?
Presto Automation's Receivables Turnover of 2.93 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.67. Presto Automation's value of 2.93 is 48.3% 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 Receivables Turnover for a Software company?
The median Receivables Turnover among Software companies is 5.67, based on 2,766 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Presto Automation's current Receivables Turnover of 2.93 is 48.3% 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Presto Automation and its competitors. For the Software industry, the median Receivables Turnover is 5.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Presto Automation's current Receivables Turnover is 2.93. 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 Receivables Turnover of 2.93. The current Receivables Turnover is 2.93 and 48.3% below the Software industry median of 5.67. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Presto Automation (PRST), the current Receivables Turnover is 2.93 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 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.
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