Megado Minerals (ASX:MEG) Receivables Turnover : 0.00 (As of Dec. 2024)

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What is Megado Minerals 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. Megado Minerals's Revenue for the six months ended in Dec. 2024 was A$0.00 Mil. Megado Minerals's average Accounts Receivable for the six months ended in Dec. 2024 was A$0.34 Mil.

Megado Minerals Receivables Turnover Historical Data

The historical data trend for Megado Minerals'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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Megado Minerals Receivables Turnover Chart

Megado Minerals Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Megado Minerals Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial				-	-	-	-	-

Competitive Comparison of Megado Minerals's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Megado Minerals'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.

Megado Minerals's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Megado Minerals's Receivables Turnover falls into.

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Megado Minerals Receivables Turnover Calculation

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

Megado Minerals's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	0	/ (	(0	+	0.671)	/	1 )
=	0	/	0.671
=	N/A

Megado Minerals's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	0	/ (	(0.017	+	0.671)	/	2 )
=	0	/	0.344
=	N/A

Megado Minerals (ASX:MEG) 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.

Megado Minerals Receivables Turnover Related Terms

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Megado Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Megado Minerals Ltd (ASX:MEG) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

197 St Georges Terrace, Level 12, Perth, WA, AUS, 6000

Website

https://www.megadominerals.com

Megado Minerals Ltd is an exploration company focused on critical minerals in North America. The company's project portfolio includes North Fork Rare Earth Project. The North Fork Project is located north-west of Salmon in the Salmon Challis National Forest, Lemhi County, Idaho. The group operates in one industry being the exploration of critical minerals. The geographical areas that the entity operates in are Australia, USA and Ethiopia.