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CanXGold Mining (TSXV:CXG) Receivables Turnover : 0.00 (As of May. 2023)


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What is CanXGold Mining 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. CanXGold Mining's Revenue for the three months ended in May. 2023 was C$0.00 Mil. CanXGold Mining's average Accounts Receivable for the three months ended in May. 2023 was C$0.03 Mil.


CanXGold Mining Receivables Turnover Historical Data

The historical data trend for CanXGold Mining'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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CanXGold Mining Receivables Turnover Chart

CanXGold Mining Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Receivables Turnover
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CanXGold Mining Quarterly Data
Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23
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Competitive Comparison of CanXGold Mining's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, CanXGold Mining'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.


CanXGold Mining's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where CanXGold Mining's Receivables Turnover falls into.



CanXGold Mining Receivables Turnover Calculation

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

CanXGold Mining's Receivables Turnover for the fiscal year that ended in Nov. 2022 is calculated as

Receivables Turnover (A: Nov. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Nov. 2022 ) / ((Accounts Receivable (A: Nov. 2021 ) + Accounts Receivable (A: Nov. 2022 )) / count )
=0 / ((0.085 + 0.05) / 2 )
=0 / 0.0675
=N/A

CanXGold Mining's Receivables Turnover for the quarter that ended in May. 2023 is calculated as

Receivables Turnover (Q: May. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: May. 2023 ) / ((Accounts Receivable (Q: Feb. 2023 ) + Accounts Receivable (Q: May. 2023 )) / count )
=0 / ((0.024 + 0.026) / 2 )
=0 / 0.025
=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.


CanXGold Mining  (TSXV:CXG) 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.


CanXGold Mining Receivables Turnover Related Terms

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CanXGold Mining (TSXV:CXG) Business Description

Traded in Other Exchanges
N/A
Address
888 Dunsmuir Street, Suite 888, Vancouver, BC, CAN, V6C 3K4
CanXGold Mining Corp is a Canada-based mineral exploration company. The principal activity of the company is the acquisition and exploration of mineral resource properties in Canada. All the company's mineral properties are in the exploration stages.
Executives
Stefan Bender Director

CanXGold Mining (TSXV:CXG) Headlines

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