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


What is Drone Guarder Inventory Turnover?

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

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. Drone Guarder's Cost of Goods Sold for the three months ended in Oct. 2018 was $0.00 Mil. Drone Guarder's Average Total Inventories for the quarter that ended in Oct. 2018 was $0.00 Mil.

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

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) 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.

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

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

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 quarter that ended in Oct. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Oct. 2018 ) / Revenue (Q: Oct. 2018 )
=0 / 0
=

* 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

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.

Drone Guarder Inventory Turnover Related Terms

Drone Guarder Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Drone Guarder'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.

Drone Guarder Inventory Turnover Chart

Drone Guarder Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Inventory Turnover
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
Inventory Turnover 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

Drone Guarder Inventory Turnover Calculation

Drone Guarder's Inventory Turnover for the fiscal year that ended in Jan. 2018 is calculated as

Inventory Turnover (A: Jan. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jan. 2018 ) / ((Total Inventories (A: Jan. 2017 ) + Total Inventories (A: Jan. 2018 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

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

Inventory Turnover (Q: Oct. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Oct. 2018 ) / ((Total Inventories (Q: Jul. 2018 ) + Total Inventories (Q: Oct. 2018 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=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 Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
Drone Guarder (DRNG) has a Inventory Turnover of 0.00 as of Oct. 2018. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Drone Guarder and its competitors.
Is Drone Guarder's Inventory Turnover too high?
Drone Guarder's current Inventory Turnover is 0.00.
How does Drone Guarder's Inventory Turnover compare to BLPG and VII?
Drone Guarder's Inventory Turnover of 0.00 can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Business Services company?
A good Inventory Turnover depends on the Business Services industry context. However, Inventory Turnover 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 Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Drone Guarder and its competitors. Drone Guarder's current Inventory Turnover 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 Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Drone Guarder (DRNG), the current Inventory Turnover 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.