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

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What is Drone Guarder Receivables Turnover?

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

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. Drone Guarder's Revenue for the three months ended in Oct. 2018 was $0.00 Mil. Drone Guarder's average Accounts Receivable for the three months ended in Oct. 2018 was $0.00 Mil.


Drone Guarder  (OTCPK:DRNG) 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.


Drone Guarder Receivables Turnover Related Terms


Drone Guarder Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Drone Guarder'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.

Drone Guarder Receivables Turnover Chart

Drone Guarder Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Receivables 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
Receivables 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

DRNG vs BLPG, VII, HCGS: Receivables Turnover Comparison

For the Security & Protection Services subindustry, Drone Guarder'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.


Drone Guarder Receivables Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, Drone Guarder's Receivables Turnover distribution charts can be found below:

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



Drone Guarder Receivables Turnover Calculation

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

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

Receivables Turnover (A: Jan. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jan. 2018 ) / ((Accounts Receivable (A: Jan. 2017 ) + Accounts Receivable (A: Jan. 2018 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

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

Receivables Turnover (Q: Oct. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Oct. 2018 ) / ((Accounts Receivable (Q: Jul. 2018 ) + Accounts Receivable (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 Receivables Turnover →
What does a Receivables Turnover of 0.00 mean?
Drone Guarder (DRNG) has a Receivables Turnover of 0.00 as of Oct. 2018. The accounts 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. View historical data on Drone Guarder and its competitors.
Is Drone Guarder's Receivables Turnover too high?
Drone Guarder's current Receivables Turnover is 0.00.
How does Drone Guarder's Receivables Turnover compare to BLPG and VII?
Drone Guarder's Receivables Turnover of 0.00 can be compared against companies in the Business Services industry. The industry median Receivables Turnover is 6.25. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Business Services company?
The median Receivables Turnover among Business Services companies is 6.25, based on 1,063 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Drone Guarder and its competitors. For the Business Services industry, the median Receivables Turnover is 6.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Drone Guarder's current Receivables 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 Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Drone Guarder (DRNG), the current Receivables 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.