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Lithium Universe (ASX:LU7) Receivables Turnover : 0.00 (As of Jun. 2023)


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What is Lithium Universe 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. Lithium Universe's Revenue for the six months ended in Jun. 2023 was A$0.00 Mil. Lithium Universe's average Accounts Receivable for the six months ended in Jun. 2023 was A$0.04 Mil.


Lithium Universe Receivables Turnover Historical Data

The historical data trend for Lithium Universe'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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Lithium Universe Receivables Turnover Chart

Lithium Universe Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.57 4.77 3.30 - -

Lithium Universe 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 0.71 - - - -

Competitive Comparison of Lithium Universe's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Lithium Universe'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.


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

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

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



Lithium Universe Receivables Turnover Calculation

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

Lithium Universe's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=0 / ((0.018 + 0.205) / 2 )
=0 / 0.1115
=N/A

Lithium Universe's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=0 / ((0.018 + 0.07) / 2 )
=0 / 0.044
=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.


Lithium Universe  (ASX:LU7) 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.


Lithium Universe Receivables Turnover Related Terms

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Lithium Universe (ASX:LU7) Business Description

Traded in Other Exchanges
Address
1265 Nepean Highway, Suite 5, Cheltenham, VIC, AUS, 3192
Lithium Universe Ltd is a mineral exploration company. The company projects include Apollo Lithium; Adina West and Adina South Lithium; Margot Lake Lithium; Lefroy Lithium and others.

Lithium Universe (ASX:LU7) Headlines

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