Octava Minerals (ASX:OCT) Receivables Turnover : 0.00 (As of Dec. 2023)

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What is Octava 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. Octava Minerals's Revenue for the six months ended in Dec. 2023 was A$0.00 Mil. Octava Minerals's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.07 Mil.

Octava Minerals Receivables Turnover Historical Data

The historical data trend for Octava 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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Octava Minerals Receivables Turnover Chart

Octava Minerals Annual Data

Trend

Jun23

Receivables Turnover

Octava Minerals Semi-Annual Data
	Dec21	Jun22	Jun23	Dec23
Receivables Turnover	-	-	-	-

Competitive Comparison of Octava Minerals's Receivables Turnover

For the Other Precious Metals & Mining subindustry, Octava 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.

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

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

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

Octava Minerals Receivables Turnover Calculation

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

Octava Minerals'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: . 20 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	0.4	/ (	(	+	0)	/	1 )
=	0.4	/	0
=	N/A

Octava Minerals'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	+	0.066)	/	1 )
=	0	/	0.066
=	N/A

Octava Minerals (ASX:OCT) 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.

Octava Minerals Receivables Turnover Related Terms

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Octava Minerals (ASX:OCT) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

234 Churchill Avenue, Suite 1, Subiaco, WA, AUS, 6008

Website

https://www.octavaminerals.com

Octava Minerals Ltd is an exploration and resource development company. It focuses on the exploration of lithium, gold, Platinum Group Metals, and nickel at its mining tenements in Western Australia. The project portfolio comprises three main Project areas: - East Pilbara Talga; East Kimberley: and the Yallalong project.

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