Global Lithium Resources (ASX:GL1) Receivables Turnover : 0.00 (As of Dec. 2023)

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What is Global Lithium 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. Global Lithium Resources's Revenue for the six months ended in Dec. 2023 was A$0.00 Mil. Global Lithium Resources's average Accounts Receivable for the six months ended in Dec. 2023 was A$1.33 Mil.

Global Lithium Resources Receivables Turnover Historical Data

The historical data trend for Global Lithium 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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Global Lithium Resources Receivables Turnover Chart

Global Lithium Resources Annual Data

Trend

Jun21

Jun22

Jun23

Receivables Turnover

Global Lithium Resources Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Global Lithium Resources's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Global Lithium 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.

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

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

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

Global Lithium Resources Receivables Turnover Calculation

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

Global Lithium 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 )
=	0.136	/ (	(0	+	0)	/	1 )
=	0.136	/	0
=	N/A

Global Lithium 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	/ (	(0	+	1.326)	/	1 )
=	0	/	1.326
=	N/A

Global Lithium Resources (ASX:GL1) 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.

Global Lithium Resources Receivables Turnover Related Terms

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Global Lithium Resources (ASX:GL1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Global Lithium Resources Ltd (ASX:GL1) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

16 Ventnor Avenue, Level 1, Perth, WA, AUS, 6005

Website

https://www.globallithium.com.au

Global Lithium Resources Ltd is an emerging lithium exploration company with a primary 100% focus on the Marble Bar Lithium Project in the Pilbara region of Western Australia and an 80% interest in the exploration rights and future mining rights to lithium and lithium associated comineral rights in the Manna Lithium Project.

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