Asante GoldASGOF -2.02%38 Receivables Turnover is 28.57 as of Mar. 2026. GuruFocus rates ASGOF with a GF Score™ of 38/100 and a GF Value™ of $1.02 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 779 Metals & Mining companies, Asante Gold ranks better than 92.81% on this metric.
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. Asante Gold's Revenue for the
three
months ended in Mar. 2026 was $300.4 Mil. Asante Gold's average Accounts Receivable for the
three
months ended in Mar. 2026 was $10.5 Mil.
Hence, Asante Gold's Receivables Turnover for the
three
months ended in Mar. 2026 was 28.57.
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.
Asante Gold Receivables Turnover Related Terms
Asante Gold Receivables Turnover Historical Data
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The historical data trend for Asante 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.
For the Gold subindustry, Asante 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.
Asante Gold Receivables Turnover vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Asante Gold's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Asante Gold's Receivables Turnover falls into.
* 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.
Asante Gold (ASGOF) has a Receivables Turnover of 28.57 as of Mar. 2026. The accounts 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. View historical data on Asante Gold and its competitors. According to the industry distribution chart, Asante Gold ranks #56 out of 779 companies in the Metals & Mining industry, placing it in the top 7.2%.
Is Asante Gold's Receivables Turnover too high?
Asante Gold's current Receivables Turnover is 28.57. The Metals & Mining industry median Receivables Turnover is 9.37. Asante Gold's value of 28.57 is 204.9% above this industry median. Based on the distribution chart, Asante Gold ranks #56 out of 779 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Asante Gold has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asante Gold's Receivables Turnover compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Asante Gold ranks #56 out of 779 companies for Receivables Turnover. This places Asante Gold in the top 7% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 9.37. Asante Gold's value of 28.57 is 204.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Metals & Mining company?
The median Receivables Turnover among Metals & Mining companies is 9.37, based on 779 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asante Gold's current Receivables Turnover of 28.57 is 204.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Asante Gold and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asante Gold's current Receivables Turnover is 28.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asante Gold stock overvalued right now?
Based on GuruFocus' analysis, Asante Gold (ASGOF) is currently considered Possible Value Trap. The stock's GF Value™ is $1.02, compared to a current price of $0.57 — trading 44.3% below its estimated fair value. The current Receivables Turnover is 28.57 and 204.9% above the Metals & Mining industry median of 9.37. Asante Gold's overall GF Score™ is 38/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Asante Gold (ASGOF), the current Receivables Turnover is 28.57 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Asante Gold (ASGOF) Overvalued in 2026?
Based on GuruFocus' analysis, Asante Gold stock appears to be undervalued.
The current stock price of $0.57 is trading 44.3% below its estimated GF Value™ of $1.02.
GuruFocus considers Asante Gold to be Possible Value Trap.
Key valuation signals for ASGOF:
Receivables Turnover: 28.57
GF Value™: $1.02 vs. price of $0.57 (44.3% below fair value)
Industry Position: 204.9% above the Metals & Mining median (#56 of 779)
No single metric tells the full story. See the ASGOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asante Gold Corp business activity is the operation of its two gold mines, the Bibiani Gold Mine and the Chirano Gold Mine, in the Republic of Ghana through a holding of interest in its subsidiaries. The Company is conducting exploration activities on properties assessed to be of merit for locating additional mineral resources, and has acquired or has options to acquire mining concession rights to additional properties in Ghana, where it is actively engaged in exploration and evaluation activities. The Company reports the results of two operating segments, the Bibiani Gold Mine and the Chirano Gold Mine, which generate maximum revenue.
38GF Score
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