Presto Automation Inc (PRST) Inventory Turnover Ratio, from third quarter 2024 to third quarter 2023, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Presto Automation inc   (NASDAQ: PRST)
    Sector • Technology    Industry • Software & Programming
   Industry • Software & Programming
   Sector • Technology
 

Presto Automation Inc Inventory Turnover Ratio (COS)

Cost of Sales Formula, Quarterly Results, Trends, Rankings, Statistics

Presto Automation Inc inventory turnover ratio, the Presto Automation Inc 's ability to sell and replace its inventory in the third quarter 2024, sequentially increased to 42.17 in the third quarter 2024, yet the ratio remained below the average, as PRST's market remain challenging.Average processing period, for Presto Automation Inc 's inventories remained unchanged at 9 days, in the Mar 31 2024 quarter.

Within Technology sector 14 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 25 in the second quarter 2024, to 88.

PRST Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Presto Automation Inc Market Share?

What is Inventory Turnover Ratio?




PRST Inventory Turnover Ratio (Mar 31 2024)
III. Quarter
(Dec 31 2023)
II. Quarter
(Sep 30 2023)
I. Quarter
(Jun 30 2023)
IV. Quarter
(Mar 31 2023)
III. Quarter
Y / Y Inventory Growth -54.18 % -51.93 % 7.44 % - -
Y / Y Cost of Sales Growth -34.62 % -31.91 % -44.65 % - -
Inventory Turnover Ratio (TTM) 42.17 41.88 39.71 46.36 54.16
PRST's Total Ranking # 88 # 25 # 102 # 103 # 0
Average inventory processing period 9 9 9 8 7
Seq. Inventory Growth -41.99 % -40 % -17.33 % 59.24 % -39.14 %
Seq. Cost of Sales Growth -20 % 25 % -7.24 % -29.52 % -16.68 %




Inventory Turnover Ratio Company Ranking
Within: No.
Software & Programming Industry # 5
Technology Sector # 15
Overall Market # 88

Inventory Turnover Ratio Statistics
High Average Low
46.36 42.53 39.71
(Jun 30 2023)   (Sep 30 2023)




Financial Statements
Presto Automation Inc 's Inventories $ 0 Millions Visit PRST's Balance sheet
Presto Automation Inc 's Cost of Revenues TTM $ 17 Millions Visit PRST's Income Statement
What are PRST's Sales? Visit PRST's Sales by Segment

Other Inventory Turnover Ratios
Presto Automation Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Software & Programming Industry Inventory Turnover Trends and Statistics
Technology Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
PRST's Inventory Turnover Ratio versus Software & Programming Industry, Technology Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for PRST's Competitors
Inventory Turnover Ratio for PRST's Suppliers
Inventory Turnover Ratio for PRST's Customers

You may also want to know
PRST's Sales Growth Rates PRST's Pe Price to earnings ratio PRST's Receivables Turnover Ratio PRST's Stock Quote
PRST's Net Income Growth Rates PRST's Ps Price to Sales ratio PRST's Sales per Employee PRST's Asset Turnover Ratio
PRST's Net Margin PRST's Pb Price to Book ratio PRST's Financial Strength Ratios PRST's Dividend Payout Ratio



Companies with similar Inventory Turnover Ratio for the quarter ending Mar 31 2024, within Technology Sector Inventory Turnover Ratio Cost of revenues at quarter ending Mar 31 2024 Inventories at quarter ending Mar 31 2024
Paycom Software Inc   236.48 $ 289.689  Millions$ 1  Millions
Asure Software Inc   227.16 $ 33.336  Millions$ 0  Millions
Trubridge Inc  206.57 $ 173.419  Millions$ 1  Millions
Secureworks Corp  155.67 $ 131.662  Millions$ 1  Millions
Wetouch Technology Inc  136.52 $ 26.660  Millions$ 0  Millions
Datasea Inc  101.37 $ 23.053  Millions$ 0  Millions
Vizio Holding Corp   91.23 $ 1,313.700  Millions$ 14  Millions
Unisys Corp  86.05 $ 1,458.500  Millions$ 17  Millions
Telos Corporation  74.28 $ 104.661  Millions$ 1  Millions
Teradata Corporation  63.04 $ 725.000  Millions$ 12  Millions
Intellinetics Inc   58.84 $ 5.459  Millions$ 0  Millions
Grom Social Enterprises Inc   48.20 $ 2.627  Millions$ 0  Millions
Leidos Holdings Inc   43.23 $ 13,327.000  Millions$ 308  Millions
Presto Automation inc   42.17 $ 17.312  Millions$ 0  Millions
Tucows Inc  38.59 $ 274.631  Millions$ 7  Millions
Apple Inc   31.65 $ 207,657.000  Millions$ 6,561  Millions
Microsoft Corporation  30.62 $ 71,225.000  Millions$ 2,326  Millions
Toast Inc   29.00 $ 3,212.000  Millions$ 111  Millions
Titan Environmental Solutions Inc.  23.11 $ 6.765  Millions$ 0  Millions
Ftc Solar Inc   21.21 $ 97.810  Millions$ 5  Millions
International Business Machines Corporation  20.89 $ 27,536.000  Millions$ 1,318  Millions
Decisionpoint Systems Inc   19.62 $ 43.035  Millions$ 2  Millions

Date modified: 2026-09-08T15:11:16+00:00




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