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Golden Goliath Resources (FRA:GGZA) Receivables Turnover : 0.00 (As of Feb. 2024)


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What is Golden Goliath Resources 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. Golden Goliath Resources's Revenue for the three months ended in Feb. 2024 was €0.00 Mil. Golden Goliath Resources's average Accounts Receivable for the three months ended in Feb. 2024 was €0.00 Mil.


Golden Goliath Resources Receivables Turnover Historical Data

The historical data trend for Golden Goliath Resources'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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Golden Goliath Resources Receivables Turnover Chart

Golden Goliath Resources Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Receivables Turnover
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Golden Goliath Resources Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of Golden Goliath Resources's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Golden Goliath Resources'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.


Golden Goliath Resources's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Golden Goliath Resources's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Golden Goliath Resources's Receivables Turnover falls into.



Golden Goliath Resources Receivables Turnover Calculation

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

Golden Goliath Resources's Receivables Turnover for the fiscal year that ended in Aug. 2023 is calculated as

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

Golden Goliath Resources's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

Receivables Turnover (Q: Feb. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Feb. 2024 ) / ((Accounts Receivable (Q: Nov. 2023 ) + Accounts Receivable (Q: Feb. 2024 )) / 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.


Golden Goliath Resources  (FRA:GGZA) 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.


Golden Goliath Resources Receivables Turnover Related Terms

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Golden Goliath Resources (FRA:GGZA) Business Description

Traded in Other Exchanges
Address
688 West Hastings Street, Suite 920, Vancouver, BC, CAN, V6B 1P1
Golden Goliath Resources Ltd is an exploration stage company. Its principal business activity is the acquisition and exploration of resource properties. It has properties in Ontario, Canada namely KWAI property and SLF property in the Red Lake District, the Wish Ore property in townships of Wishat and Palmer and in Mexico namely San Timoteo and NSR Royalties.

Golden Goliath Resources (FRA:GGZA) Headlines

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