GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Andes Gold Corp (OTCPK:AGCZ) » Definitions » Receivables Turnover

Andes Gold (Andes Gold) Receivables Turnover : 0.00 (As of Dec. 2003)


View and export this data going back to 1996. Start your Free Trial

What is Andes Gold 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. Andes Gold's Revenue for the three months ended in Dec. 2003 was $-2.43 Mil. Andes Gold's average Accounts Receivable for the three months ended in Dec. 2003 was $0.57 Mil.


Andes Gold Receivables Turnover Historical Data

The historical data trend for Andes Gold'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.

Andes Gold Receivables Turnover Chart

Andes Gold Annual Data
Trend Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 8.16 9.47 3.74

Andes Gold Quarterly Data
Mar98 Jun98 Sep98 Dec98 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03
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 2.17 1.79 2.01 1.71 -

Competitive Comparison of Andes Gold's Receivables Turnover

For the Gold subindustry, Andes Gold'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.


Andes Gold's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Andes Gold's Receivables Turnover falls into.



Andes Gold Receivables Turnover Calculation

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

Andes Gold's Receivables Turnover for the fiscal year that ended in Dec. 2003 is calculated as

Receivables Turnover (A: Dec. 2003 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2003 ) / ((Accounts Receivable (A: Dec. 2002 ) + Accounts Receivable (A: Dec. 2003 )) / count )
=1.65 / ((0.657 + 0.226) / 2 )
=1.65 / 0.4415
=3.74

Andes Gold's Receivables Turnover for the quarter that ended in Dec. 2003 is calculated as

Receivables Turnover (Q: Dec. 2003 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2003 ) / ((Accounts Receivable (Q: Sep. 2003 ) + Accounts Receivable (Q: Dec. 2003 )) / count )
=-2.431 / ((0.919 + 0.226) / 2 )
=-2.431 / 0.5725
=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.


Andes Gold  (OTCPK:AGCZ) 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.


Andes Gold Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Andes Gold's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Andes Gold (Andes Gold) Business Description

Traded in Other Exchanges
N/A
Address
1200 N. Federal Highway, Suite 200, Boca Raton, FL, USA, 33432
Andes Gold Corp is the operator of leased properties which it mines for mineral resources, specifically, gold. The company develops and produces gold assets in Ecuador and South America.

Andes Gold (Andes Gold) Headlines