Palladyne AI (Palladyne AI) Inventory-to-Revenue : 1.46 (As of Dec. 2023)

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What is Palladyne AI Inventory-to-Revenue?

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. Palladyne AI's Average Total Inventories for the quarter that ended in Dec. 2023 was $1.09 Mil. Palladyne AI's Revenue for the three months ended in Dec. 2023 was $0.75 Mil. Palladyne AI's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.46.

Palladyne AI's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (1.32) to Sep. 2023 (1.46)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Palladyne AI's Days Inventory for the three months ended in Dec. 2023 was 90.96.

Inventory Turnover measures how fast the company turns over its inventory within a year. Palladyne AI's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.00.

Palladyne AI Inventory-to-Revenue Historical Data

The historical data trend for Palladyne AI's Inventory-to-Revenue 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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Palladyne AI Inventory-to-Revenue Chart

Palladyne AI Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

0.08

0.17

0.16

0.38

Palladyne AI Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial									0.55	2.10	3.83	1.32	1.46

Competitive Comparison of Palladyne AI's Inventory-to-Revenue

For the Software - Infrastructure subindustry, Palladyne AI's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.

Palladyne AI's Inventory-to-Revenue Distribution in the Software Industry

For the Software industry and Technology sector, Palladyne AI's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Palladyne AI's Inventory-to-Revenue falls into.

Palladyne AI Inventory-to-Revenue Calculation

Palladyne AI's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (A: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )
=	( (3.562	+	1.065)	/	2 )	/	6.146
=	2.3135					/	6.146
=	0.38

Palladyne AI's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (Q: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (1.108	+	1.065)	/	2 )	/	0.746
=	1.0865					/	0.746
=	1.46

Palladyne AI (NAS:PDYN) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Palladyne AI's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	1.0865	/	1.09	*	365 / 4
	=	90.96

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

Palladyne AI's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	1.09	/	1.0865
	=	1.00

Palladyne AI Inventory-to-Revenue Related Terms

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Palladyne AI (Palladyne AI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Palladyne AI Corp (NAS:PDYN) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

650 South 500 West, Suite 150, Salt Lake City, UT, USA, 84101

Website

https://www.sarcos.com

Sarcos Technology & Robotics Corp designs, develops and manufactures a broad range of advanced mobile robotic systems that redefine human possibilities and are designed to enable the safest, most productive workforce in the world. The company operates in challenging, unstructured industrial environments and includes teleoperated robotic systems, a powered robotic exoskeleton, and software solutions that enable task autonomy.

Executives

Brian D Finn	director	C/O BLACKROCK KELSO CAPITAL CORPORATION, 40 EAST 52ND STREET, NEW YORK NY 10022
Matthew Vogt	officer: Chief Revenue Officer	C/O SARCOS TECHNOLOGY AND ROBOTICS CORP, 650 SOUTH 500 WEST, SUITE 150, SALT LAKE CITY UT 84101
Stephen Sonne	officer: Chief Legal Officer	C/O SARCOS TECHNOLOGY & ROBOTICS CORP, 650 SOUTH 500 WEST, SUITE 150, SALT LAKE CITY UT 84101
Denis Garagic	officer: Chief Technology Officer	650 SOUTH 500 WEST, SALT LAKE CITY UT 84101
Andrew Hamer	officer: Chief Financial Officer	777 MARINERS ISLAND BLVD, SAN MATEO CA 94404
Jorgen Pedersen	officer: Chief Operating Officer	650 SOUTH 500 WEST, SUITE 150, SALT LAKE CITY UT 84101
Kiva A. Allgood	director, officer: President & CEO	C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Fraser Smith	10 percent owner, officer: Chief Innovation Officer	360 WAKARA WAY, SALT LAKE CITY UT 84108
Marc Olivier	10 percent owner	360 WAKARA WAY, SALT LAKE CITY UT 84108
Steven Q. Hansen	officer: Chief Financial Officer	360 WAKARA WAY, SALT LAKE CITY UT 84108
Matthew Shigenobu Muta	director	360 WAKARA WAY, SALT LAKE CITY UT 84108
Priya Balasubramaniam	director	360 WAKARA WAY, SALT LAKE CITY UT 84108
Kristi Martindale	officer: EVP, Ch. Product & Market Off	360 WAKARA WAY, SALT LAKE CITY UT 84108
Marian Joh	officer: Chief Operating Officer	360 WAKARA WAY, SALT LAKE CITY UT 84108
Peter S Klein	director	C/O MICROSOFT CORPORATION, ONE MICROSOFT WAY, REDMOND WA 98052-6399