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Velox Energy Materials (TSXV:VLX) Receivables Turnover : 0.00 (As of Dec. 2023)


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What is Velox Energy Materials 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. Velox Energy Materials's Revenue for the three months ended in Dec. 2023 was C$0.00 Mil. Velox Energy Materials's average Accounts Receivable for the three months ended in Dec. 2023 was C$0.04 Mil.


Velox Energy Materials Receivables Turnover Historical Data

The historical data trend for Velox Energy Materials'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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Velox Energy Materials Receivables Turnover Chart

Velox Energy Materials Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
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Velox Energy Materials Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Velox Energy Materials's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Velox Energy Materials'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.


Velox Energy Materials's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Velox Energy Materials's Receivables Turnover falls into.



Velox Energy Materials Receivables Turnover Calculation

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

Velox Energy Materials'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 )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Velox Energy Materials'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: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=0 / ((0.036 + 0) / 1 )
=0 / 0.036
=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.


Velox Energy Materials  (TSXV:VLX) 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.


Velox Energy Materials Receivables Turnover Related Terms

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Velox Energy Materials (TSXV:VLX) Business Description

Traded in Other Exchanges
Address
401 Bay Street, P.O. BOX 4, Suite 2704, Toronto, ON, CAN, M5H 2Y4
Velox Energy Materials Inc is an exploration and development company. It has focused on energy materials solutions for the global transition to net zero. The company's immediate focus is the North Queensland Vanadium Project in Queensland, Australia, Kotai Hydrogen project and Mineral Resources and Ore Reserves.

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