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

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What is Draganfly Investments Receivables Turnover?

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

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. Draganfly Investments's Revenue for the six months ended in Oct. 2017 was £0.00 Mil. Draganfly Investments's average Accounts Receivable for the six months ended in Oct. 2017 was £0.00 Mil.


Draganfly Investments  (LSE:DRG) 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.


Draganfly Investments Receivables Turnover Related Terms


Draganfly Investments Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Draganfly Investments'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.

Draganfly Investments Receivables Turnover Chart

Draganfly Investments Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Receivables 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
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 0.00 0.00 1.00 1.71 0.00

Draganfly Investments Receivables Turnover Competitor Comparison

For the Asset Management subindustry, Draganfly Investments'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.


Draganfly Investments Receivables Turnover vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Draganfly Investments's Receivables Turnover distribution charts can be found below:

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



Draganfly Investments Receivables Turnover Calculation

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

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

Receivables Turnover (A: Apr. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (A: Apr. 2017 ) / ((Accounts Receivable (A: Apr. 2016 ) + Accounts Receivable (A: Apr. 2017 )) / count )
=0.02 / ((0 + 0) / 1 )
=0.02 / 0
=N/A

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

Receivables Turnover (Q: Oct. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Oct. 2017 ) / ((Accounts Receivable (Q: Apr. 2017 ) + Accounts Receivable (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 Receivables Turnover →
What does a Receivables Turnover of 0.00 mean?
Draganfly Investments (LSE:DRG) has a Receivables Turnover of 0.00 as of Oct. 2017. 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 Draganfly Investments and its competitors.
Is Draganfly Investments' Receivables Turnover too high?
Draganfly Investments' current Receivables Turnover is 0.00.
How does Draganfly Investments' Receivables Turnover compare to competitors?
Draganfly Investments' Receivables Turnover of 0.00 can be compared against companies in the Asset Management industry. The industry median Receivables Turnover is 7.97. 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 an Asset Management company?
The median Receivables Turnover among Asset Management companies is 7.97, based on 532 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 Draganfly Investments and its competitors. For the Asset Management industry, the median Receivables Turnover is 7.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Draganfly Investments'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 Draganfly Investments stock overvalued right now?
Draganfly Investments (LSE:DRG) 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 Draganfly Investments (LSE:DRG), the current Receivables 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.