CTGX Mining (CTGX Mining) Receivables Turnover : 0.52 (As of Jan. 2005)

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What is CTGX Mining 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. CTGX Mining's Revenue for the three months ended in Jan. 2005 was $0.09 Mil. CTGX Mining's average Accounts Receivable for the three months ended in Jan. 2005 was $0.16 Mil. Hence, CTGX Mining's Receivables Turnover for the three months ended in Jan. 2005 was 0.52.

CTGX Mining Receivables Turnover Historical Data

The historical data trend for CTGX Mining'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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CTGX Mining Receivables Turnover Chart

CTGX Mining Annual Data

Trend

Mar03

Receivables Turnover

CTGX Mining Quarterly Data
	Jun03	Sep03	Dec03	Mar04	Jul04	Oct04	Jan05
Receivables Turnover	Get a 7-Day Free Trial			-	-	14.15	3.42	0.52

Competitive Comparison of CTGX Mining's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, CTGX Mining'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.

CTGX Mining's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where CTGX Mining's Receivables Turnover falls into.

CTGX Mining Receivables Turnover Calculation

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

CTGX Mining's Receivables Turnover for the fiscal year that ended in Mar. 2003 is calculated as

	Receivables Turnover (A: Mar. 2003 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2003 )	/ (	(Accounts Receivable (A: . 20 )	+	Accounts Receivable (A: Mar. 2003 ))	/	count )
=	0	/ (	(	+	0)	/	1 )
=	0	/	0
=	N/A

CTGX Mining's Receivables Turnover for the quarter that ended in Jan. 2005 is calculated as

	Receivables Turnover (Q: Jan. 2005 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jan. 2005 )	/ (	(Accounts Receivable (Q: Oct. 2004 )	+	Accounts Receivable (Q: Jan. 2005 ))	/	count )
=	0.086	/ (	(0.215	+	0.114)	/	2 )
=	0.086	/	0.1645
=	0.52

CTGX Mining (OTCPK:CHCX) 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.

CTGX Mining Receivables Turnover Related Terms

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CTGX Mining (CTGX Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » CTGX Mining Inc (OTCPK:CHCX) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1015 G Waterwood Parkway, Suite O-2, Edmund, OK, USA, 73034

Website

http://www.ctgxmining.com

CTGX Mining Inc is an international, environmentally sensitive, minerals and resource development company. It holds mining interests in both Mexico and Columbia focused on a large reserve of rare earth elements, gold, silver lithium and other valuable ores.

Executives

Matthew Cohen

director, officer: CEO and Chairman of the Board

1702 COSTA DEL SOL, BOCA RATON FL 33432

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