ASMMF (Australian Strategic Materials) Receivables Turnover : 1.78 (As of Dec. 2024)

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What is Australian Strategic Materials 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. Australian Strategic Materials's Revenue for the six months ended in Dec. 2024 was $1.39 Mil. Australian Strategic Materials's average Accounts Receivable for the six months ended in Dec. 2024 was $0.78 Mil. Hence, Australian Strategic Materials's Receivables Turnover for the six months ended in Dec. 2024 was 1.78.

Australian Strategic Materials Receivables Turnover Historical Data

The historical data trend for Australian Strategic Materials'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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Australian Strategic Materials Receivables Turnover Chart

Australian Strategic Materials Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Receivables Turnover

3.51

3.92

5.39

5.38

Australian Strategic Materials Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial					2.34	1.04	2.78	-	1.78

Competitive Comparison of Australian Strategic Materials's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Australian Strategic Materials'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.

Australian Strategic Materials's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Australian Strategic Materials's Receivables Turnover falls into.

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Australian Strategic Materials Receivables Turnover Calculation

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

Australian Strategic Materials'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 )
=	2.062	/ (	(0.735	+	0.032)	/	2 )
=	2.062	/	0.3835
=	5.38

Australian Strategic Materials'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 )
=	1.394	/ (	(0.032	+	1.536)	/	2 )
=	1.394	/	0.784
=	1.78

Australian Strategic Materials (OTCPK:ASMMF) 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.

Australian Strategic Materials Receivables Turnover Related Terms

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Australian Strategic Materials Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Australian Strategic Materials Ltd (OTCPK:ASMMF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

ASM:Australia

Address

66 Kings Park Road, Level 4, West Perth, Perth, WA, AUS, 6005

Website

https://www.asm-au.com

Australian Strategic Materials Ltd is engaged in the business of producing and mining specialty metal and oxides. The product portfolio includes neodymium, praseodymium, zirconium, hafnium, dysprosium, terbium and niobium oxides. Its Dubbo Project includes Central Western New South Wales, Australia. The company's segment includes Corporate, Dubbo, and Korea. The company generates majority of its revenue from Korea, which includes the Korean Metals Plant.

Australian Strategic Materials Headlines

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