Rags

Rags are a type of equipment in DayZ Standalone. They can be used to stop bleeding, used as a gag and are used as a common crafting material.

General
Characters begin life on the coast with four rags.

To tear clothing into rags: put an item of clothing in your hands, then drag a knife over top of the clothing item and select the "Tear into Rags" option. Tearing a piece of clothing into rags will destroy it in the process, and creates anywhere from 1 to 6 rags depending upon the item you begin with. Clothing must be unequipped or on the ground and empty in order to tear it into rags.

Dressing a Wound
Rags can be used to stop bleeding. This is indicated by the drop on your HUD having three arrows pointing down and a stream of blood gushing from a player. A low level of blood is shown by a general desaturation of a player's screen color.

Bandaging Yourself
A player may use rags either on themselves or on another player. Before applying rags, it is recommended to clear the area of threats or allow for enough time to administer rags safely -- for obvious reasons. To apply rags to yourself: open the inventory screen, drag the rag to your hands, and select "Use". Alternatively, you can place the rags in one of your hotbar slots, equip them to your hand using the assigned key, and then select "Use."

Bandaging takes approximately ten seconds, during which the player is vulnerable to attack and cannot move without "breaking" the animation which means having to start all over again.

Bandaging Others
To bandage another player, one must be within range for the option "Apply Rags" to appear.

Gagging a Player
The player can gag themselves if they are holding just one rag in their hands. You can split a stack of objects by right clicking on them. You can presumably also gag other players.

The effect of gagging a player is...     If you are coughing from sickness gagging [will/will not] help to muffle your coughs.

Compatible Items
The following clothing and equipment can be turned into rags, and listed next to their name is how many rags are produced by tearing up that item.