Draganfly Investments (LSE:DRG) Days Payable: 0.00 (As of Oct. 2017)


What is Draganfly Investments Days Payable?

Draganfly Investments LSE:DRG Days Payable is 0.00 as of Oct. 2017. The stock has 5 warning signs investors should review.

Draganfly Investments's average Accounts Payable for the six months ended in Oct. 2017 was £0.02 Mil. Draganfly Investments's Cost of Goods Sold for the six months ended in Oct. 2017 was £0.00 Mil.

The historical rank and industry rank for Draganfly Investments's Days Payable or its related term are showing as below:

LSE:DRG's Days Payable is not ranked *
in the Asset Management industry.
Industry Median: 70.635
* Ranked among companies with meaningful Days Payable only.

Draganfly Investments's Days Payable stayed the same from Oct. 2016 (0.00) to Oct. 2017 (0.00).

Draganfly Investments Days Payable Historical Data

* Premium members only.

The historical data trend for Draganfly Investments's Days Payable 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 Days Payable Chart

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

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

Draganfly Investments Days Payable Competitor Comparison

For the Asset Management subindustry, Draganfly Investments's Days Payable, along with its competitors' market caps and Days Payable 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.

Draganfly Investments Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Draganfly Investments's Days Payable distribution charts can be found below:

* The bar in red indicates where Draganfly Investments's Days Payable falls into.


Draganfly Investments Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Draganfly Investments's Days Payable for the fiscal year that ended in Apr. 2017 is calculated as

Days Payable (A: Apr. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2016 ) + Accounts Payable (A: Apr. 2017 )) / count ) / Cost of Goods Sold (A: Apr. 2017 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

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

Days Payable (Q: Oct. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Apr. 2017 ) + Accounts Payable (Q: Oct. 2017 )) / count ) / Cost of Goods Sold (Q: Oct. 2017 )*Days in Period
=( (0 + 0.016) / 1 ) / 0*365 / 2
=0.016 / 0*365 / 2
=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 Payable →
What does a Days Payable of 0.00 mean?
Draganfly Investments (LSE:DRG) has a Days Payable of 0.00 as of Oct. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Draganfly Investments and its competitors.
Is Draganfly Investments' Days Payable too high?
Draganfly Investments' current Days Payable is 0.00.
How does Draganfly Investments' Days Payable compare to competitors?
Draganfly Investments' Days Payable of 0.00 can be compared against companies in the Asset Management industry. The industry median Days Payable is 70.64. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Asset Management company?
The median Days Payable among Asset Management companies is 70.64, based on 480 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable 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 Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Draganfly Investments and its competitors. For the Asset Management industry, the median Days Payable is 70.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Draganfly Investments's current Days Payable 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 Draganfly Investments stock overvalued right now?
Draganfly Investments (LSE:DRG) has a current Days Payable of 0.00. The current Days Payable is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Draganfly Investments (LSE:DRG), the current Days Payable is 0.00 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.