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

Korab Resources (ASX:KOR) Receivables Turnover : 0.00 (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Korab 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. Korab Resources's Revenue for the six months ended in Dec. 2023 was A$0.00 Mil. Korab Resources's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.12 Mil.

Korab Resources Receivables Turnover Historical Data

The historical data trend for Korab 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.

Korab Resources Receivables Turnover Chart

Korab Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Korab Resources 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 - - - - -

Competitive Comparison of Korab Resources's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Korab 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.

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

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

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


Korab Resources Receivables Turnover Calculation

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

Korab 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 / ((0.041 + 0.093) / 2 )
=0 / 0.067
=N/A

Korab 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 / ((0.093 + 0.156) / 2 )
=0 / 0.1245
=N/A

* 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.

Korab Resources  (ASX:KOR) 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.

Korab Resources Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Korab Resources's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Korab Resources (ASX:KOR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Korab Resources Ltd (ASX:KOR) » Definitions » Receivables Turnover
Comparable Companies
ASX:PBL ASX:MRQ ASX:VAR ASX:RLC ASX:AMM ASX:EMU ASX:MGA ASX:YAR ASX:HRE ASX:SLZ ASX:BHP ASX:RIO LSE:RIO LSE:GLEN ASX:FMG BSP:VALE3 SAU:1211 GMEXICOB LSE:AAL BOM:500188
Traded in Other Exchanges
N/A
Address
20 Prowse Street, Suite 1, West Perth, Perth, WA, AUS, 6005
Website
http://www.korabresources.com.au
Korab Resources Ltd is a mining and exploration company. It is engaged in mineral exploration and the evaluation of mineral properties. It operates development projects in Australia and exploration projects in Northern Territory. The company projects include the Bobrikovo project located in Ukraine, the Winchester magnesium and the Geolsec Phosphate projects, the Sundance project, the Batchelor and the Green Alligator projects located in Northern Territory, and the Mt. Elephant project situated in Western Australia.