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ETFLF (Eastfield Resources) Receivables Turnover : 0.00 (As of Aug. 2024)


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What is Eastfield Resources 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. Eastfield Resources's Revenue for the three months ended in Aug. 2024 was $0.00 Mil. Eastfield Resources's average Accounts Receivable for the three months ended in Aug. 2024 was $0.01 Mil.


Eastfield Resources Receivables Turnover Historical Data

The historical data trend for Eastfield Resources'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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Eastfield Resources Receivables Turnover Chart

Eastfield Resources Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Receivables Turnover
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Eastfield Resources Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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Competitive Comparison of Eastfield Resources's Receivables Turnover

For the Other Precious Metals & Mining subindustry, Eastfield Resources'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.


Eastfield Resources's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Eastfield Resources's Receivables Turnover falls into.



Eastfield Resources Receivables Turnover Calculation

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

Eastfield Resources's Receivables Turnover for the fiscal year that ended in Feb. 2024 is calculated as

Receivables Turnover (A: Feb. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Feb. 2024 ) / ((Accounts Receivable (A: Feb. 2023 ) + Accounts Receivable (A: Feb. 2024 )) / count )
=0 / ((0.01 + 0.004) / 2 )
=0 / 0.007
=N/A

Eastfield Resources's Receivables Turnover for the quarter that ended in Aug. 2024 is calculated as

Receivables Turnover (Q: Aug. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Aug. 2024 ) / ((Accounts Receivable (Q: May. 2024 ) + Accounts Receivable (Q: Aug. 2024 )) / count )
=0 / ((0.004 + 0.006) / 2 )
=0 / 0.005
=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.


Eastfield Resources  (OTCPK:ETFLF) 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.


Eastfield Resources Receivables Turnover Related Terms

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Eastfield Resources Business Description

Traded in Other Exchanges
Address
325 Howe Street, Suite 110, Vancouver, BC, CAN, V6C 1Z7
Eastfield Resources Ltd is a Canadian mineral exploration company focused on the discovery of precious metal and copper deposits. Its principal business activities are the acquisition and exploration of gold, copper, and other precious and base metal properties in Canada. The company projects include Zymo, Indata, Iron Lake, Hegde Hog, and CR projects.

Eastfield Resources Headlines

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