Regis Resources (Regis Resources) Receivables Turnover : 12.69 (As of Dec. 2023)

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What is Regis 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. Regis Resources's Revenue for the six months ended in Dec. 2023 was $368.2 Mil. Regis Resources's average Accounts Receivable for the six months ended in Dec. 2023 was $29.0 Mil. Hence, Regis Resources's Receivables Turnover for the six months ended in Dec. 2023 was 12.69.

Regis Resources Receivables Turnover Historical Data

The historical data trend for Regis 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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Regis Resources Receivables Turnover Chart

Regis Resources Annual Data

Trend

Jun14

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Receivables Turnover

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Regis Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															23.76	25.17	38.86	43.08	12.69

Competitive Comparison of Regis Resources's Receivables Turnover

For the Gold subindustry, Regis 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.

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

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

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

Regis Resources Receivables Turnover Calculation

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

Regis Resources'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 )
=	760.894	/ (	(0	+	0)	/	1 )
=	760.894	/	0
=	N/A

Regis Resources'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 )
=	368.178	/ (	(0	+	29.021)	/	1 )
=	368.178	/	29.021
=	12.69

Regis Resources (OTCPK:RGRNF) 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.

Regis Resources Receivables Turnover Related Terms

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Regis Resources (Regis Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Regis Resources Ltd (OTCPK:RGRNF) » Definitions » Receivables Turnover

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RKQ:Germany RRL:Australia

Address

516 Hay Street, Level 2, Subiaco, Perth, WA, AUS, 6008

Website

https://www.regisresources.com.au

Regis Resources Ltd is one of Australia's largest gold companies, producing around 437,309 ounces of gold per year. Cash costs are below the industry average. Operating mines are located in Western Australia, which brings relatively low sovereign risk. Management has a sound operating track record and an appropriate bias towards strong balance sheets and dividends; however, the gold price and new investments will be the primary arbiters of long-term returns. Development of the McPhillamys deposit in New South Wales, if approved, should add approximately two hundred thousand ounces of gold production a year in the medium term. The Company has three reportable segments which comprise the Duketon North Operations, and Duketon South Operations, Tropicana Gold Project.