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Castile Resources (ASX:CST) Receivables Turnover : 2.15 (As of Dec. 2023)


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What is Castile 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. Castile Resources's Revenue for the six months ended in Dec. 2023 was A$0.14 Mil. Castile Resources's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.07 Mil. Hence, Castile Resources's Receivables Turnover for the six months ended in Dec. 2023 was 2.15.

Castile Resources Receivables Turnover Historical Data

The historical data trend for Castile 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.

* Premium members only.

Castile Resources Receivables Turnover Chart

Castile Resources Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
- - - - -

Castile Resources Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Receivables Turnover Get a 7-Day Free Trial 0.23 - 1.94 - 2.15

Competitive Comparison of Castile Resources's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Castile 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.

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

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

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


Castile Resources Receivables Turnover Calculation

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

Castile Resources's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Castile Resources's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=0.14 / ((0 + 0.065) / 1 )
=0.14 / 0.065
=2.15

* 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.

Castile Resources  (ASX:CST) 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.

Castile Resources Receivables Turnover Related Terms

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Castile Resources (ASX:CST) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Castile Resources Ltd (ASX:CST) » Definitions » Receivables Turnover
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ASX:MRD ASX:SRK ASX:NGX ASX:OD6 ASX:ITM ASX:AKO ASX:ASE ASX:MRR ASX:ANX ASX:LM1 ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 LSE:AAL GMEXICOB MIC:GMKN
Traded in Other Exchanges
CLRSF:USA
Address
17 Southport Street, Suite 1A, West Leederville, WA, AUS, 6007
Website
https://www.castile.com.au
Castile Resources Ltd is a mineral exploration and development company. Its projects include the Rover Project and the Warumpi Project. The Company operates predominantly in one business segment the exploration of minerals in one geographic segment, Australia.

Castile Resources (ASX:CST) Headlines

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