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Galileo Resources (AQSE:GLR.GB) Receivables Turnover : 0.00 (As of Sep. 2024)


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What is Galileo 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. Galileo Resources's Revenue for the six months ended in Sep. 2024 was £0.00 Mil. Galileo Resources's average Accounts Receivable for the six months ended in Sep. 2024 was £0.31 Mil.


Galileo Resources Receivables Turnover Historical Data

The historical data trend for Galileo 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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Galileo Resources Receivables Turnover Chart

Galileo Resources Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
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Galileo Resources Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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Competitive Comparison of Galileo Resources's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Galileo 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.


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

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

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


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Galileo Resources Receivables Turnover Calculation

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

Galileo Resources's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=0 / ((0.285 + 0.304) / 2 )
=0 / 0.2945
=N/A

Galileo Resources's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=0 / ((0.304 + 0.311) / 2 )
=0 / 0.3075
=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.


Galileo Resources  (AQSE:GLR.GB) 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.


Galileo Resources Receivables Turnover Related Terms

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Galileo Resources Business Description

Traded in Other Exchanges
Address
7/8 Kendrick Mews, 1st Floor, London, GBR, SW7 3HG
Galileo Resources PLC is a mining company. Its projects include Kalahari Copperbelt: Botswana; Star Zinc: Zambia, Kashitu Project: Zambia, Glenover Project: South Africa, and Ferber Project: Nevada USA, Lithium & Gold projects: Zimbabwe and others.

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