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Ironbark Zinc (ASX:IBG) Receivables Turnover : 0.24 (As of Dec. 2023)


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What is Ironbark Zinc 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. Ironbark Zinc's Revenue for the six months ended in Dec. 2023 was A$0.01 Mil. Ironbark Zinc's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.05 Mil. Hence, Ironbark Zinc's Receivables Turnover for the six months ended in Dec. 2023 was 0.24.


Ironbark Zinc Receivables Turnover Historical Data

The historical data trend for Ironbark Zinc'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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Ironbark Zinc Receivables Turnover Chart

Ironbark Zinc Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
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Ironbark Zinc Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.07 - 0.24

Competitive Comparison of Ironbark Zinc's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Ironbark Zinc'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.


Ironbark Zinc's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Ironbark Zinc's Receivables Turnover falls into.



Ironbark Zinc Receivables Turnover Calculation

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

Ironbark Zinc'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

Ironbark Zinc'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 )
=0.012 / ((0 + 0.05) / 1 )
=0.012 / 0.05
=0.24

* 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.


Ironbark Zinc  (ASX:IBG) 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.


Ironbark Zinc Receivables Turnover Related Terms

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Ironbark Zinc (ASX:IBG) Business Description

Traded in Other Exchanges
N/A
Address
22 Railway Road, Units 32/33, Subiaco, WA, AUS, 6008
Ironbark Zinc Ltd explores and evaluates mineral properties in Greenland and Australia. The company primarily explores for zinc, gold, copper, silver, lead, and precious metals. Its projects include the Citronen zinc- lead project located in northern Greenland, and the Captains Flat project, Peakview project and the Fiery Creek project located in New South Wales.

Ironbark Zinc (ASX:IBG) Headlines

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