Nordic Resources (ASX:NNL) Receivables Turnover: 0.00 (As of Dec. 2025)

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ASX:NNL Nordic Resources Ltd ASX:NNL
35 GF Score
Price A$0.18
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What is Nordic Resources Receivables Turnover?

Nordic Resources ASX:NNL 35 Receivables Turnover is 0.00 as of Dec. 2025. GuruFocus rates ASX:NNL with a GF Score™ of 35/100. Among 782 Metals & Mining companies, Nordic Resources ranks worse than 127877.11% on this metric.

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. Nordic Resources's Revenue for the six months ended in Dec. 2025 was A$0.00 Mil. Nordic Resources's average Accounts Receivable for the six months ended in Dec. 2025 was A$0.49 Mil.


Nordic Resources  (ASX:NNL) 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.


Nordic Resources Receivables Turnover Related Terms


Nordic Resources Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Nordic 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.

Nordic Resources Receivables Turnover Chart

Nordic Resources Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Receivables Turnover
0.00 0.00 0.00 0.00

Nordic Resources Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Receivables Turnover Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Nordic Resources Receivables Turnover Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Nordic 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.


Nordic Resources Receivables Turnover vs Metals & Mining Industry

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

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


ASX:NNL
35GF Score
Nordic Resources Ltd ASX:NNL
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nordic Resources Receivables Turnover Calculation

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

Nordic Resources's Receivables Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Receivables Turnover (A: Jun. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2025 ) / ((Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Jun. 2025 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Nordic Resources's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Jun. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=0 / ((0 + 0.494) / 1 )
=0 / 0.494
=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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.00 mean?
Nordic Resources (ASX:NNL) has a Receivables Turnover of 0.00 as of Dec. 2025. The accounts 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. View historical data on Nordic Resources and its competitors. According to the industry distribution chart, Nordic Resources ranks #999999 out of 782 companies in the Metals & Mining industry.
Is Nordic Resources' Receivables Turnover too high?
Nordic Resources' current Receivables Turnover is 0.00. Based on the distribution chart, Nordic Resources ranks #999999 out of 782 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Nordic Resources has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Nordic Resources' Receivables Turnover compare to competitors?
According to the Metals & Mining industry distribution chart, Nordic Resources ranks #999999 out of 782 companies for Receivables Turnover. This places Nordic Resources in the lower half of its industry. The industry median Receivables Turnover is 9.36. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Metals & Mining company?
The median Receivables Turnover among Metals & Mining companies is 9.36, based on 782 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Nordic Resources and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic Resources's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Resources stock overvalued right now?
Nordic Resources (ASX:NNL) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. Nordic Resources' overall GF Score™ is 35/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Nordic Resources (ASX:NNL), the current Receivables Turnover is 0.00 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nordic Resources Business Description

Other Exchanges GZ7:Germany
Address 197 Saint Georges Terrace, Level 12, Perth, WA, AUS, 6000
Nordic Resources Ltd is an active mineral exploration company focused on discovering and developing gold and critical metals in Finland. Its projects include the Pulju Nickel Project, Kopsa Gold-Copper Project, Kiimala Trend Project, and Hirsikangas Gold Project.
35GF Score

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