Droneshield (ASX:DRO) Receivables Turnover : 1.90 (As of Dec. 2024)

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What is Droneshield Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Droneshield's Revenue for the six months ended in Dec. 2024 was A$34.22 Mil. Droneshield's average Accounts Receivable for the six months ended in Dec. 2024 was A$18.06 Mil. Hence, Droneshield's Receivables Turnover for the six months ended in Dec. 2024 was 1.90.

Droneshield Receivables Turnover Historical Data

The historical data trend for Droneshield's Receivables 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.

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Droneshield Receivables Turnover Chart

Droneshield Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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3.07

6.84

4.64

11.90

5.88

Droneshield Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial													3.28	1.44	7.68	2.22	1.90

Competitive Comparison of Droneshield's Receivables Turnover

For the Computer Hardware subindustry, Droneshield's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.

Droneshield's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Droneshield's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Droneshield's Receivables Turnover falls into.

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Droneshield Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

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

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	57.529	/ (	(2.239	+	17.328)	/	2 )
=	57.529	/	9.7835
=	5.88

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

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	34.222	/ (	(18.786	+	17.328)	/	2 )
=	34.222	/	18.057
=	1.90

Droneshield (ASX:DRO) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Droneshield Receivables Turnover Related Terms

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Droneshield Business Description

Industry

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

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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 drone detection and security. The principal activity of the Company is the development, commercialization, and sales of hardware and software technology for drone detection and security. It has four products Dismounted that include RfPatrol Mk2, DroneGun Mk4, Immediate Response Kit (IRK), DroneGun Tactical; On-The-Move includes DroneSentry-X Mk2, Expeditionary Fixed Site (EFS) Kit; Fixed Site includes DroneSentry; and Software includes DroneSentry-C2, Tactical DroneSentry-C2, and DroneOptID. The company provides its solutions to the intelligence community, Government, law enforcement, critical infrastructure, and airports globally. Its geographical segments are the United States and Australia.

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