DRNG (Drone Guarder) Days Inventory: 0.00 (As of Oct. 2018)


What is Drone Guarder Days Inventory?

Drone Guarder DRNG -99.00% Days Inventory is 0.00 as of Oct. 2018.

Days Inventory is also known as Days Sales of Inventory (DSI). Drone Guarder's Average Total Inventories for the three months ended in Oct. 2018 was $0.00 Mil. Drone Guarder's Cost of Goods Sold for the three months ended in Oct. 2018 was $0.00 Mil.

The historical rank and industry rank for Drone Guarder's Days Inventory or its related term are showing as below:

DRNG's Days Inventory is not ranked *
in the Business Services industry.
Industry Median: 25.15
* Ranked among companies with meaningful Days Inventory only.

Drone Guarder's Days Inventory stayed the same from Oct. 2017 (0.00) to Oct. 2018 (0.00).

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  (OTCPK:DRNG) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

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

2. 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 three months ended in Oct. 2018 is calculated as

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Drone Guarder Days Inventory Related Terms


Drone Guarder Days Inventory Historical Data

* Premium members only.

The historical data trend for Drone Guarder's Days Inventory 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.

Drone Guarder Days Inventory Chart

Drone Guarder Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Days Inventory
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Drone Guarder Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
Days Inventory 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 0.00 0.00 0.00 0.00 0.00

DRNG vs BLPG, VII, HCGS: Days Inventory Comparison

For the Security & Protection Services subindustry, Drone Guarder's Days Inventory, along with its competitors' market caps and Days Inventory 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.


Drone Guarder Days Inventory vs Business Services Industry

For the Business Services industry and Industrials sector, Drone Guarder's Days Inventory distribution charts can be found below:

* The bar in red indicates where Drone Guarder's Days Inventory falls into.



Drone Guarder Days Inventory Calculation

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 fiscal year that ended in Jan. 2018 is calculated as

Days Inventory (A: Jan. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2017 ) + Total Inventories (A: Jan. 2018 )) / count ) / Cost of Goods Sold (A: Jan. 2018 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

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

Days Inventory (Q: Oct. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jul. 2018 ) + Total Inventories (Q: Oct. 2018 )) / count ) / Cost of Goods Sold (Q: Oct. 2018 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=N/A

* 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 Days Inventory →
What does a Days Inventory of 0.00 mean?
Drone Guarder (DRNG) has a Days Inventory of 0.00 as of Oct. 2018. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Drone Guarder and its competitors.
Is Drone Guarder's Days Inventory too high?
Drone Guarder's current Days Inventory is 0.00.
How does Drone Guarder's Days Inventory compare to BLPG and VII?
Drone Guarder's Days Inventory of 0.00 can be compared against companies in the Business Services industry. The industry median Days Inventory is 25.15. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Business Services company?
The median Days Inventory among Business Services companies is 25.15, based on 676 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory 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 Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Drone Guarder and its competitors. For the Business Services industry, the median Days Inventory is 25.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Drone Guarder's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Drone Guarder stock overvalued right now?
Drone Guarder (DRNG) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Drone Guarder (DRNG), the current Days Inventory is 0.00 as of Oct. 2018. 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.

Drone Guarder Business Description

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 Drone Guarder 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. The targeted markets include the USA, Canada, Europe, South Africa and the Asia-Pacific region.