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Hochschild Mining (CHIX:HOCL) Receivables Turnover : 6.29 (As of Jun. 2024)


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What is Hochschild 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. Hochschild Mining's Revenue for the six months ended in Jun. 2024 was £307.9 Mil. Hochschild Mining's average Accounts Receivable for the six months ended in Jun. 2024 was £49.0 Mil. Hence, Hochschild Mining's Receivables Turnover for the six months ended in Jun. 2024 was 6.29.


Hochschild Mining Receivables Turnover Historical Data

The historical data trend for Hochschild 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.

* Premium members only.

Hochschild Mining Receivables Turnover Chart

Hochschild Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.66 15.07 22.74 22.53 19.63

Hochschild Mining Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 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 6.35 6.20 5.14 7.04 6.29

Competitive Comparison of Hochschild Mining's Receivables Turnover

For the Gold subindustry, Hochschild 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.


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

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

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



Hochschild Mining Receivables Turnover Calculation

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

Hochschild Mining'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 )
=548.036 / ((33.686 + 22.16) / 2 )
=548.036 / 27.923
=19.63

Hochschild Mining'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 )
=307.908 / ((22.16 + 75.815) / 2 )
=307.908 / 48.9875
=6.29

* 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.


Hochschild Mining  (CHIX:HOCl) 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.


Hochschild Mining Receivables Turnover Related Terms

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Hochschild Mining Business Description

Traded in Other Exchanges
Address
17 Cavendish Square, London, GBR, W1G 0PH
Hochschild Mining PLC is is engaged in the mining, processing and sale of silver and gold. The company has one operating mine (Inmaculada) located in southern Peru and one operating mine (San Jose) located in Argentina. It also has a late-stage development project in Brazil, Mara Rosa. The group also has a portfolio of projects located across Peru, Argentina, United States, Canada, Brazil, and Chile, at various stages of development.

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