BSHVF (Bushveld Minerals) Receivables Turnover: 5.43 (As of Jun. 2024)

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What is Bushveld Minerals Receivables Turnover?

Bushveld Minerals BSHVF -99.00% Receivables Turnover is 5.43 as of Jun. 2024.

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. Bushveld Minerals's Revenue for the six months ended in Jun. 2024 was $25.6 Mil. Bushveld Minerals's average Accounts Receivable for the six months ended in Jun. 2024 was $4.7 Mil. Hence, Bushveld Minerals's Receivables Turnover for the six months ended in Jun. 2024 was 5.43.


Bushveld Minerals  (OTCPK:BSHVF) 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.


Bushveld Minerals Receivables Turnover Related Terms


Bushveld Minerals Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Bushveld 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.

Bushveld Minerals Receivables Turnover Chart

Bushveld Minerals Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.29 12.05 12.91 32.05 25.64

Bushveld Minerals Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 7.32 8.10 14.84 13.87 5.43

BSHVF vs NRHI, WOLV, MP: Receivables Turnover Comparison

For the Other Industrial Metals & Mining subindustry, Bushveld 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.


Bushveld Minerals Receivables Turnover vs Metals & Mining Industry

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

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



Bushveld Minerals Receivables Turnover Calculation

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

Bushveld Minerals's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=137.471 / ((3.134 + 7.59) / 2 )
=137.471 / 5.362
=25.64

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

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=25.55 / ((7.59 + 1.818) / 2 )
=25.55 / 4.704
=5.43

* 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 5.43 mean?
Bushveld Minerals (BSHVF) has a Receivables Turnover of 5.43 as of Jun. 2024. 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 Bushveld Minerals and its competitors.
Is Bushveld Minerals' Receivables Turnover too high?
Bushveld Minerals' current Receivables Turnover is 5.43. The Metals & Mining industry median Receivables Turnover is 9.36. Bushveld Minerals' value of 5.43 is 42% below this industry median.
How does Bushveld Minerals' Receivables Turnover compare to NRHI and WOLV?
Bushveld Minerals' Receivables Turnover of 5.43 can be compared against companies in the Metals & Mining industry. The industry median Receivables Turnover is 9.36. Bushveld Minerals' value of 5.43 is 42% below this benchmark. 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. Bushveld Minerals's current Receivables Turnover of 5.43 is 42% below the industry median. 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 Bushveld Minerals 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. Bushveld Minerals's current Receivables Turnover is 5.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bushveld Minerals stock overvalued right now?
Bushveld Minerals (BSHVF) has a current Receivables Turnover of 5.43. The current Receivables Turnover is 5.43 and 42% below the Metals & Mining industry median of 9.36. 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 Bushveld Minerals (BSHVF), the current Receivables Turnover is 5.43 as of Jun. 2024. 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.

Bushveld Minerals Business Description

Address 9 Harries Road, Illovo, 2nd Floor, Building 3, Illovo Edge Office Park, Johannesburg, GT, ZAF, 2116
Bushveld Minerals Ltd is a low-cost, vertically integrated primary vanadium producer. Bushveld offers a compelling exposure to vanadium because it operates across both the upstream and downstream value chains through Bushveld Vanadium and Bushveld Energy. The company participates in the entire vanadium value chain through its three main pillars: vanadium mining and production, which consists of the Vametco and Vanchem operations; energy and mineral exploration activities for vanadium and coal exploration (together "Exploration"). Activities take place in South Africa (iron ore, vanadium and energy), Madagascar (coal), other African countries (energy project development) and global (battery investment, vanadium sales).