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Silver Bear Resources (TSX:SBR) Receivables Turnover : 3.62 (As of Mar. 2024)


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What is Silver Bear 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. Silver Bear Resources's Revenue for the three months ended in Mar. 2024 was C$6.55 Mil. Silver Bear Resources's average Accounts Receivable for the three months ended in Mar. 2024 was C$1.81 Mil. Hence, Silver Bear Resources's Receivables Turnover for the three months ended in Mar. 2024 was 3.62.


Silver Bear Resources Receivables Turnover Historical Data

The historical data trend for Silver Bear 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.

* Premium members only.

Silver Bear Resources Receivables Turnover Chart

Silver Bear Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 38.41 34.91 10.88 5.29

Silver Bear Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.30 0.41 4.07 - 3.62

Competitive Comparison of Silver Bear Resources's Receivables Turnover

For the Silver subindustry, Silver Bear 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.


Silver Bear Resources's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Silver Bear Resources's Receivables Turnover falls into.



Silver Bear Resources Receivables Turnover Calculation

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

Silver Bear Resources's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=17.173 / ((5.958 + 0.532) / 2 )
=17.173 / 3.245
=5.29

Silver Bear Resources's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=6.548 / ((0.532 + 3.082) / 2 )
=6.548 / 1.807
=3.62

* 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.


Silver Bear Resources  (TSX:SBR) 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.


Silver Bear Resources Receivables Turnover Related Terms

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Silver Bear Resources (TSX:SBR) Business Description

Traded in Other Exchanges
N/A
Address
45 King William Street, 2nd Floor, Regis House, London, GBR, EC4R 9AN
Silver Bear Resources PLC provides silver mining services and engages in the acquisition, exploration, evaluation, and development of silver properties. The company operates along with its subsidiaries. The company's operating segments are based on geographical location and include one property in the Russian Federation (Mangazeisky).