Drone Destination (NSE:DRONE) Days Inventory : 74.13 (As of Mar. 2024)

Drone Destination Days Inventory Chart

Competitive Comparison of Drone Destination's Days Inventory

For the Education & Training Services subindustry, Drone Destination'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 Destination's Days Inventory Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Drone Destination's Days Inventory distribution charts can be found below:

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

Drone Destination Days Inventory Calculation

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

Drone Destination's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Drone Destination's Days Inventory for the quarter that ended in Mar. 2024 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.

Drone Destination  (NSE:DRONE) 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 Destination's Inventory Turnover for the six months ended in Mar. 2024 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 Destination's Inventory to Revenue for the six months ended in Mar. 2024 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 Destination Days Inventory Related Terms

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Drone Destination Business Description