GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Drone Guarder Inc (OTCPK:DRNG) » Definitions » Total Inventories

Drone Guarder (Drone Guarder) Total Inventories : $0.00 Mil (As of Oct. 2018)


View and export this data going back to 2014. Start your Free Trial

What is Drone Guarder Total Inventories?

Drone Guarder's total inventories for the quarter that ended in Oct. 2018 was $0.00 Mil. Drone Guarder's average total inventories from the quarter that ended in Jul. 2018 to the quarter that ended in Oct. 2018 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Drone Guarder's Net-Net Working Capital per share for the quarter that ended in Oct. 2018 was $-0.01.

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

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

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.


Drone Guarder Total Inventories Historical Data

The historical data trend for Drone Guarder's Total Inventories 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.

* Premium members only.

Drone Guarder Total Inventories Chart

Drone Guarder Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Total Inventories
Get a 7-Day Free Trial - - - - -

Drone Guarder Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Drone Guarder Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Drone Guarder  (OTCPK:DRNG) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Drone Guarder's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2018 is

Net-Net Working Capital Per Share (Q: Oct. 2018 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.032+0.75 * 0+0.5 * 0-2.174
-0.001-0)/142.95
=-0.01

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

Drone Guarder's Days Inventory for the three months ended in Oct. 2018 is calculated as:

Days Inventory=Average Total Inventories (Q: Oct. 2018 )/Cost of Goods Sold (Q: Oct. 2018 )*Days in Period
=0/0*365 / 4
=

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

Drone Guarder's Inventory Turnover for the quarter that ended in Oct. 2018 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Oct. 2018 ) / Average Total Inventories (Q: Oct. 2018 )
=0 / 0
=N/A

4. 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.

Drone Guarder's Inventory to Revenue for the quarter that ended in Oct. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Oct. 2018 ) / Revenue (Q: Oct. 2018 )
=0 / 0
=

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Drone Guarder Total Inventories Related Terms

Thank you for viewing the detailed overview of Drone Guarder's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Drone Guarder (Drone Guarder) Business Description

Traded in Other Exchanges
N/A
Address
370 Amapola Avenue, Suite 200A, Torrance, CA, USA, 90501
Drone Guarder Inc is a security and surveillance products provider. The company focused on commercializing a drone enhanced home security system as a turnkey solution. The solution is app-based and includes a drone, infrared camera, and Android mobile app component: once an alarm has been triggered, the DroneGuarder will immediately take off from a wireless charging pad. The camera within the drone will record a video for a few seconds, process it and then send an alert if a threat is found. Its primary revenue model consists of selling home security systems directly to the clients.