Draganfly Investments (LSE:DRG) Change In Receivables: £-0.01 Mil (TTM As of Oct. 2017)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Draganfly Investments Change In Receivables?

Draganfly Investments LSE:DRG Change In Receivables is £-0.01 Mil as of Oct. 2017. The stock has 5 warning signs investors should review.

Draganfly Investments's change in receivables for the quarter that ended in Oct. 2017 was £-0.01 Mil. It means Draganfly Investments's Accounts Receivable increased by £0.01 Mil from Apr. 2017 to Oct. 2017 .

Draganfly Investments's change in receivables for the fiscal year that ended in Apr. 2017 was £-0.01 Mil. It means Draganfly Investments's Accounts Receivable increased by £0.01 Mil from Apr. 2016 to Apr. 2017 .

Draganfly Investments's Accounts Receivable for the quarter that ended in Oct. 2017 was £0.00 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Draganfly Investments's liquidation value for the six months ended in Oct. 2017 was £0.27 Mil.

Draganfly Investments  (LSE:DRG) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Draganfly Investments's Days Sales Outstanding for the quarter that ended in Oct. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0*91
=

2. In Ben Graham's calculation of liquidation value, Draganfly Investments's accounts receivable are only considered to be worth 75% of book value:

Draganfly Investments's liquidation value for the quarter that ended in Oct. 2017 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.288-0.016+0.75 * 0+0.5 * 0
=0.27

* 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.

Draganfly Investments Change In Receivables Related Terms

Draganfly Investments Change In Receivables Historical Data

* Premium members only.

The historical data trend for Draganfly Investments's Change In Receivables 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.

Draganfly Investments Change In Receivables Chart

Draganfly Investments Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -0.00 0.00 0.01 -0.01

Draganfly Investments Semi-Annual Data
Oct09 Apr10 Oct10 Apr11 Oct11 Apr12 Oct12 Apr13 Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17
Change In Receivables 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 0.00 0.00 -0.01 0.00 -0.01

Draganfly Investments Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Oct. 2017 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.01 Mil.

* 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 Change In Receivables →
What does a Change In Receivables of £-0.01 Mil mean?
Draganfly Investments (LSE:DRG) has a Change In Receivables of £-0.01 Mil as of Oct. 2017. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Draganfly Investments and its competitors.
Is Draganfly Investments' Change In Receivables too high?
Draganfly Investments' current Change In Receivables is £-0.01 Mil.
How does Draganfly Investments' Change In Receivables compare to competitors?
Draganfly Investments' Change In Receivables of £-0.01 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for an Asset Management company?
A good Change In Receivables depends on the Asset Management industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Draganfly Investments and its competitors. Draganfly Investments's current Change In Receivables is £-0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Draganfly Investments stock overvalued right now?
Draganfly Investments (LSE:DRG) has a current Change In Receivables of £-0.01 Mil. The current Change In Receivables is £-0.01 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Draganfly Investments (LSE:DRG), the current Change In Receivables is £-0.01 Mil as of Oct. 2017. 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.

Draganfly Investments Business Description

Draganfly Investments Ltd is a part of the financial services sector in the United Kingdom. The key activities of the company include investment trading and holding a small portfolio of investments. The company's objective is that the funding of investment assets is primarily met from shareholders' funds. Draganfly Investments focus on a wide range of economic sector for investment opportunities.