Droneshield (ASX:DRO) Inventory Turnover : 0.18 (As of Dec. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Droneshield Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Droneshield's Cost of Goods Sold for the six months ended in Dec. 2024 was A$9.67 Mil. Droneshield's Average Total Inventories for the quarter that ended in Dec. 2024 was A$54.27 Mil. Droneshield's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Droneshield's Days Inventory for the six months ended in Dec. 2024 was 1,024.27.

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. Droneshield's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.59.

Droneshield Inventory Turnover Historical Data

The historical data trend for Droneshield's Inventory Turnover 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.

Droneshield Inventory Turnover Chart

Droneshield Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

Get a 7-Day Free Trial

1.33

0.64

0.93

1.36

0.38

Droneshield Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial													0.70	0.28	0.82	0.22	0.18

Droneshield Inventory Turnover Calculation

Droneshield's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	16.284	/ (	(18.58	+	66.678)	/	2 )
=	16.284	/	42.629
=	0.38

Droneshield's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	9.67	/ (	(41.867	+	66.678)	/	2 )
=	9.67	/	54.2725
=	0.18

Droneshield (ASX:DRO) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Droneshield's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	54.2725	/	9.67	*	365 / 2
	=	1,024.27

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.

Droneshield's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	54.2725	/	34.222
	=	1.59

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Droneshield Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Droneshield's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Droneshield Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Droneshield Ltd (ASX:DRO) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

DRSHF:USA DRH:Germany

Address

126 Phillip Street, Level 5, Sydney, NSW, AUS, 2000

Website

https://www.droneshield.com

Droneshield Ltd develops and sells hardware and software for the detection of drones. The principal activity of the Company is the development, commercialisation and sales of hardware and software technology for drone detection and security. Its products include DroneGun Tactical, DroneCannon, DroneNode, and DroneShield Complete. The company provides its solutions to government and military, airports, commercial venues, prisons, and critical infrastructure. Its geographical segments are the United States and Australia.

Droneshield Headlines

No Headlines