AMROF (Amaero) Receivables Turnover : 3.17 (As of Dec. 2024)

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What is Amaero 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. Amaero's Revenue for the six months ended in Dec. 2024 was $1.05 Mil. Amaero's average Accounts Receivable for the six months ended in Dec. 2024 was $0.33 Mil. Hence, Amaero's Receivables Turnover for the six months ended in Dec. 2024 was 3.17.

Amaero Receivables Turnover Historical Data

The historical data trend for Amaero'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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Amaero Receivables Turnover Chart

Amaero Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Receivables Turnover

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1.24

5.31

5.35

8.50

4.93

Amaero Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial							0.58	0.37	1.06	2.91	3.17

Competitive Comparison of Amaero's Receivables Turnover

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

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

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

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

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Amaero Receivables Turnover Calculation

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

Amaero's Receivables Turnover for the fiscal year that ended in Jun. 2024 is calculated as

	Receivables Turnover (A: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2024 )	/ (	(Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )
=	0.308	/ (	(0.057	+	0.068)	/	2 )
=	0.308	/	0.0625
=	4.93

Amaero's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	1.052	/ (	(0.068	+	0.595)	/	2 )
=	1.052	/	0.3315
=	3.17

Amaero (OTCPK:AMROF) 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.

Amaero Receivables Turnover Related Terms

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Amaero Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Amaero Ltd (OTCPK:AMROF) » Definitions » Receivables Turnover

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3DA:Australia

Address

130 Innovation Drive SW, Mcdonald, Mcdonald, TN, USA, 37353

Website

https://www.amaeroinc.com

Amaero Ltd is a U.S. domestic producer of high-value refractory alloy, titanium, and specialty alloy powders for additive and manufacturing components utilised by the defense, space, and aviation industries. The Company has commissioned gas atomization technology with a yield of AM powder. It also provides PM-HIP (Powder Metallurgy Hot Isostatic Pressing) manufacturing of large, near-net-shape powder metallurgy parts with forged-equivalent material properties and microstructure for various alloys. PM-HIP manufacturing is helping alleviate the strained domestic supply chain for large-scale castings and forgings.