Richmond Vanadium Technology (ASX:RVT) Receivables Turnover : 0.00 (As of Dec. 2023)

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What is Richmond Vanadium Technology 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. Richmond Vanadium Technology's Revenue for the six months ended in Dec. 2023 was A$0.00 Mil. Richmond Vanadium Technology's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.31 Mil.

Richmond Vanadium Technology Receivables Turnover Historical Data

The historical data trend for Richmond Vanadium Technology'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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Richmond Vanadium Technology Receivables Turnover Chart

Richmond Vanadium Technology Annual Data

Trend

Jun22

Jun23

Receivables Turnover

Richmond Vanadium Technology Semi-Annual Data
	Dec22	Jun23	Dec23
Receivables Turnover	-	-	-

Competitive Comparison of Richmond Vanadium Technology's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Richmond Vanadium Technology'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.

Richmond Vanadium Technology's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Richmond Vanadium Technology's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Richmond Vanadium Technology's Receivables Turnover falls into.

Richmond Vanadium Technology Receivables Turnover Calculation

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

Richmond Vanadium Technology's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	0	/ (	(0.597	+	0)	/	1 )
=	0	/	0.597
=	N/A

Richmond Vanadium Technology's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	0	/ (	(0	+	0.305)	/	1 )
=	0	/	0.305
=	N/A

Richmond Vanadium Technology (ASX:RVT) 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.

Richmond Vanadium Technology Receivables Turnover Related Terms

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Richmond Vanadium Technology (ASX:RVT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Richmond Vanadium Technology Ltd (ASX:RVT) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

251 Adelaide Terrace, Level 11, Perth, WA, AUS, 6000

Website

https://www.richmondvanadium.com.au

Richmond Vanadium Technology Ltd is an Australian minerals exploration company advancing its Richmond Vanadium Project in north Queensland. The Richmond-Julia Creek Vanadium Project is the non-titanomagnetite vanadium deposit of its kind (soft marine sediments) globally and can produce a supply of vanadium for the steel and emerging energy storage markets. The project involves the development of an open cut, free dig vanadium mining operation producing vanadium pentoxide (V2O5) concentrate from the ore reserve.