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AU (Anglogold Ashanti) Receivables Turnover : 11.48 (As of Dec. 2024)


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What is Anglogold Ashanti 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. Anglogold Ashanti's Revenue for the three months ended in Dec. 2024 was $1,750 Mil. Anglogold Ashanti's average Accounts Receivable for the three months ended in Dec. 2024 was $153 Mil. Hence, Anglogold Ashanti's Receivables Turnover for the three months ended in Dec. 2024 was 11.48.


Anglogold Ashanti Receivables Turnover Historical Data

The historical data trend for Anglogold Ashanti'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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Anglogold Ashanti Receivables Turnover Chart

Anglogold Ashanti Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.22 76.02 128.60 203.64 160.92

Anglogold Ashanti Quarterly Data
Dec18 Mar19 Jun19 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.60 50.24 9.06 5.54 11.48

Competitive Comparison of Anglogold Ashanti's Receivables Turnover

For the Gold subindustry, Anglogold Ashanti'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.


Anglogold Ashanti's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Anglogold Ashanti's Receivables Turnover falls into.


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Anglogold Ashanti Receivables Turnover Calculation

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

Anglogold Ashanti'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 )
=5793 / ((25 + 47) / 2 )
=5793 / 36
=160.92

Anglogold Ashanti'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: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=1750 / ((258 + 47) / 2 )
=1750 / 152.5
=11.48

* 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.


Anglogold Ashanti  (NYSE:AU) 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.


Anglogold Ashanti Receivables Turnover Related Terms

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Anglogold Ashanti Business Description

Address
6363 S Fiddlers Green Circle, Suite 1000, Greenwood Village, Denver, CO, USA, 80111
Anglogold Ashanti PLC is one of the gold miners. The company also produces silver and sulphuric acid as by-products. Its operating divisions are Africa, Australia, and the Americas. The firm generates a majority of its revenue from the Africa region which includes its operations of the Kibali, Iduapriem, Obuasi, Siguiri, and Geita mines.