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Ormonde Mining (DUB:ORQ1) Receivables Turnover : 0.00 (As of Jun. 2023)


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What is Ormonde 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. Ormonde Mining's Revenue for the six months ended in Jun. 2023 was €0.00 Mil. Ormonde Mining's average Accounts Receivable for the six months ended in Jun. 2023 was €0.54 Mil.


Ormonde Mining Receivables Turnover Historical Data

The historical data trend for Ormonde 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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Ormonde Mining Receivables Turnover Chart

Ormonde Mining Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
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Ormonde Mining Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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Competitive Comparison of Ormonde Mining's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Ormonde 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.


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

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

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



Ormonde Mining Receivables Turnover Calculation

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

Ormonde Mining's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Ormonde Mining's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=0 / ((0 + 0.54) / 1 )
=0 / 0.54
=N/A

* 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.


Ormonde Mining  (DUB:ORQ1) 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.


Ormonde Mining Receivables Turnover Related Terms

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Ormonde Mining (DUB:ORQ1) Business Description

Traded in Other Exchanges
Address
Bracetown Business Park, Co. Meath, Clonee, IRL, D15 YN2P
Ormonde Mining PLC is a natural resource focused company with interests in Spain. The company's projects include SALAMANCA & ZAMORA GOLD Project and LA ZARZA Gold Project. The principal activity of the Company and its subsidiaries comprises acquisition, exploration and development of mineral resource projects. The Company's interests also include copper and gold exploration in several prospective areas of western Spain.

Ormonde Mining (DUB:ORQ1) Headlines

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