CMLGF (Canickel Mining) Receivables Turnover: 0.00 (As of Mar. 2025)

What is Canickel Mining Receivables Turnover?

Canickel Mining CMLGF -100.00% 12 Receivables Turnover is 0.00 as of Mar. 2025. GuruFocus rates CMLGF with a GF Score™ of 12/100.

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. Canickel Mining's Revenue for the three months ended in Mar. 2025 was $0.00 Mil. Canickel Mining's average Accounts Receivable for the three months ended in Mar. 2025 was $0.00 Mil.

Canickel Mining (OTCPK:CMLGF) 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.

Canickel Mining Receivables Turnover Related Terms

Canickel Mining Receivables Turnover Historical Data

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The historical data trend for Canickel 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.

Canickel Mining Receivables Turnover Chart

Canickel Mining Annual Data

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Dec24

Receivables Turnover

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29.51

21.90

0.00

Canickel Mining Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

CMLGF vs NRHI, WOLV, ENRT: Receivables Turnover Comparison

For the Other Industrial Metals & Mining subindustry, Canickel 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.

Canickel Mining Receivables Turnover vs Metals & Mining Industry

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

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

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Canickel Mining Ltd CMLGF

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Canickel Mining Receivables Turnover Calculation

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

Canickel Mining's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Accounts Receivable
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Canickel Mining's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Accounts Receivable
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Frequently Asked Questions Learn more about Receivables Turnover →

What does a Receivables Turnover of 0.00 mean?

Canickel Mining (CMLGF) has a Receivables Turnover of 0.00 as of Mar. 2025. 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 Canickel Mining and its competitors.

Is Canickel Mining's Receivables Turnover too high?

Canickel Mining's current Receivables Turnover is 0.00. Overall, Canickel Mining has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does Canickel Mining's Receivables Turnover compare to NRHI and WOLV?

Canickel Mining's Receivables Turnover of 0.00 can be compared against companies in the Metals & Mining industry. The industry median Receivables Turnover is 9.37. 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 9.37, based on 779 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. 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 Canickel Mining and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canickel Mining's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Canickel Mining stock overvalued right now?

Canickel Mining (CMLGF) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. Canickel Mining's overall GF Score™ is 12/100. 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 Canickel Mining (CMLGF), the current Receivables Turnover is 0.00 as of Mar. 2025. 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.

Canickel Mining Business Description

Industry Basic Materials Metals & Mining

Comparable Companies NRHI WOLV ENRT NWIFF FUST LBRMF ASX:BHP ASX:RIO LSE:RIO SAU:1211 LSE:GLEN MEX:GMEXICOB BSP:VALE3 ASX:FMG LSE:AAL HKSE:03993 BOM:500188 BOM:500295 SHSE:600111 TSX:TECK.B

Address 320 Granville Street, Suite 720, Vancouver, BC, CAN, V6B 0G5

Website https://www.canickel.com

Canickel Mining Ltd is a Canadian resource company focused on the care and maintenance of its owned Bucko Lake Mine and nickel sulphide project located near Wabowden, Manitoba. The company has single reportable segment and is focused on nickel mining and related activities, including exploration and the extraction and processing of nickel-containing ore.

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