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Reward Minerals (ASX:RWD) Receivables Turnover : 0.00 (As of Jun. 2024)


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What is Reward 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. Reward Minerals's Revenue for the six months ended in Jun. 2024 was A$0.00 Mil. Reward Minerals's average Accounts Receivable for the six months ended in Jun. 2024 was A$0.04 Mil.


Reward Minerals Receivables Turnover Historical Data

The historical data trend for Reward 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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Reward Minerals Receivables Turnover Chart

Reward Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
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Reward Minerals Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Competitive Comparison of Reward Minerals's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Reward 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.


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

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

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



Reward Minerals Receivables Turnover Calculation

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

Reward Minerals'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 / ((0.036 + 0.008) / 2 )
=0 / 0.022
=N/A

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

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=0 / ((0.008 + 0.074) / 2 )
=0 / 0.041
=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.


Reward Minerals  (ASX:RWD) 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.


Reward Minerals Receivables Turnover Related Terms

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Reward Minerals Business Description

Traded in Other Exchanges
N/A
Address
159 Stirling Highway, Nedlands, WA, AUS, 6009
Reward Minerals Ltd is potash focused advanced-stage exploration and development company. The company operates predominantly in one business segment which is Potash mineral exploration and in one geographical area which is Western Australia. Its flagship project is its 100% owned Lake Disappointment Sulphate of Potash (SOP) Project, located 340 kilometers east of Newman in the Little Sandy Desert of northwestern Western Australia.

Reward Minerals Headlines

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