Premier1 Lithium (ASX:PLC) Receivables Turnover : 0.00 (As of Dec. 2024)

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What is Premier1 Lithium 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. Premier1 Lithium's Revenue for the six months ended in Dec. 2024 was A$0.00 Mil. Premier1 Lithium's average Accounts Receivable for the six months ended in Dec. 2024 was A$0.41 Mil.

Premier1 Lithium Receivables Turnover Historical Data

The historical data trend for Premier1 Lithium'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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Premier1 Lithium Receivables Turnover Chart

Premier1 Lithium Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Receivables Turnover

2.51

4.83

0.52

Premier1 Lithium Semi-Annual Data
	Jun21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial			3.62	1.32	0.81	-	-

Competitive Comparison of Premier1 Lithium's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Premier1 Lithium'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.

Premier1 Lithium's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Premier1 Lithium's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Premier1 Lithium's Receivables Turnover falls into.

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Premier1 Lithium Receivables Turnover Calculation

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

Premier1 Lithium's Receivables Turnover for the fiscal year that ended in Jun. 2024 is calculated as

	Receivables Turnover (A: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2024 )	/ (	(Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )
=	0.502	/ (	(0.961	+	0)	/	1 )
=	0.502	/	0.961
=	0.52

Premier1 Lithium'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	+	0.406)	/	1 )
=	0	/	0.406
=	N/A

Premier1 Lithium (ASX:PLC) 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.

Premier1 Lithium Receivables Turnover Related Terms

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Premier1 Lithium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Premier1 Lithium Ltd (ASX:PLC) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Mount Street, Level 2, Perth, WA, AUS, 6000

Website

https://www.premier1lithium.com.au

Premier1 Lithium Ltd is an lithium exploration company. The Group undertook technology R&D and mineral exploration of gold, nickel, lithium and other base metals in Australia during the period. The company has two operating segments: Exploration and evaluation and Corporate. Its project includes Abbotts North project in Western Australia, The Yalgoo and Yalgoo West project and Montague Project. Maximum revenue is gained through Exploration and Evaluation segment.