Draganfly Investments (LSE:DRG) Inventory Turnover: 0.00 (As of Oct. 2017)


What is Draganfly Investments Inventory Turnover?

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

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. Draganfly Investments's Cost of Goods Sold for the six months ended in Oct. 2017 was £0.00 Mil. Draganfly Investments's Average Total Inventories for the quarter that ended in Oct. 2017 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.

Draganfly Investments  (LSE:DRG) 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.

Draganfly Investments's Days Inventory for the six months ended in Oct. 2017 is calculated as:

Days Inventory =Average Total Inventories (Q: Oct. 2017 )/Cost of Goods Sold (Q: Oct. 2017 )*Days in Period
=0/0*365 / 2
=

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.

Draganfly Investments's Inventory to Revenue for the quarter that ended in Oct. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Oct. 2017 ) / Revenue (Q: Oct. 2017 )
=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.

Draganfly Investments Inventory Turnover Related Terms

Draganfly Investments Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Draganfly Investments'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.

Draganfly Investments Inventory Turnover Chart

Draganfly Investments Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Inventory Turnover
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
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 0.00 0.00 0.00 0.00 0.00

Draganfly Investments Inventory Turnover Calculation

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

Inventory Turnover (A: Apr. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Apr. 2017 ) / ((Total Inventories (A: Apr. 2016 ) + Total Inventories (A: Apr. 2017 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Draganfly Investments's Inventory Turnover for the quarter that ended in Oct. 2017 is calculated as

Inventory Turnover (Q: Oct. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Oct. 2017 ) / ((Total Inventories (Q: Apr. 2017 ) + Total Inventories (Q: Oct. 2017 )) / 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?
Draganfly Investments (LSE:DRG) has a Inventory Turnover of 0.00 as of Oct. 2017. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Draganfly Investments and its competitors.
Is Draganfly Investments' Inventory Turnover too high?
Draganfly Investments' current Inventory Turnover is 0.00.
How does Draganfly Investments' Inventory Turnover compare to competitors?
Draganfly Investments' Inventory Turnover of 0.00 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Inventory Turnover depends on the Asset Management 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 Draganfly Investments and its competitors. Draganfly Investments'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 Draganfly Investments stock overvalued right now?
Draganfly Investments (LSE:DRG) 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 Draganfly Investments (LSE:DRG), the current Inventory Turnover 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.