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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. First Quantum Minerals's Revenue for the
three
months ended in Mar. 2026 was $1,404 Mil. First Quantum Minerals's average Accounts Receivable for the
three
months ended in Mar. 2026 was $542 Mil.
Hence, First Quantum Minerals's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.59.
First Quantum Minerals (OTCPK:FQVLF) 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.
First Quantum Minerals Receivables Turnover Related Terms
First Quantum Minerals Receivables Turnover Historical Data
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The historical data trend for First Quantum Minerals'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.
FQVLF vs SCCO, FCX: Receivables Turnover Comparison
For the Copper subindustry, First Quantum Minerals'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.
First Quantum Minerals Receivables Turnover vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, First Quantum Minerals's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where First Quantum Minerals's Receivables Turnover falls into.
* 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.
First Quantum Minerals (FQVLF) has a Receivables Turnover of 2.59 as of Mar. 2026. 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 First Quantum Minerals and its competitors. According to the industry distribution chart, First Quantum Minerals ranks #301 out of 782 companies in the Metals & Mining industry, placing it in the top 38.5%.
Is First Quantum Minerals' Receivables Turnover too high?
First Quantum Minerals' current Receivables Turnover is 2.59. The Metals & Mining industry median Receivables Turnover is 9.36. First Quantum Minerals' value of 2.59 is 72.3% below this industry median. Based on the distribution chart, First Quantum Minerals ranks #301 out of 782 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, First Quantum Minerals has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Quantum Minerals' Receivables Turnover compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, First Quantum Minerals ranks #301 out of 782 companies for Receivables Turnover. This puts First Quantum Minerals in the upper half of its industry. The industry median Receivables Turnover is 9.36. First Quantum Minerals' value of 2.59 is 72.3% below this benchmark. 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 9.36, based on 782 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. First Quantum Minerals's current Receivables Turnover of 2.59 is 72.3% below the industry median. 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 First Quantum Minerals and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Quantum Minerals's current Receivables Turnover is 2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Quantum Minerals stock overvalued right now?
Based on GuruFocus' analysis, First Quantum Minerals (FQVLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $16.14, compared to a current price of $26.08 — trading 61.6% above its estimated fair value. The current Receivables Turnover is 2.59 and 72.3% below the Metals & Mining industry median of 9.36. First Quantum Minerals' overall GF Score™ is 73/100 with 3 warning signs to review. 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 First Quantum Minerals (FQVLF), the current Receivables Turnover is 2.59 as of Mar. 2026. 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.
Is First Quantum Minerals (FQVLF) Overvalued in 2026?
Based on GuruFocus' analysis, First Quantum Minerals stock appears to be overvalued.
The current stock price of $26.08 is trading 61.6% above its estimated GF Value™ of $16.14.
GuruFocus considers First Quantum Minerals to be Significantly Overvalued.
Key valuation signals for FQVLF:
Receivables Turnover: 2.59
GF Value™: $16.14 vs. price of $26.08 (61.6% above fair value)
Industry Position: 72.3% below the Metals & Mining median (#301 of 782)
No single metric tells the full story. See the FQVLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Quantum Minerals Ltd is a diversified mining company. The company's principal activities include mineral exploration, mine engineering and construction, and development and mining operations. The firm produces copper in concentrate, copper anode, copper cathode, nickel, gold, zinc, silver, acid, and pyrite. It has operating mines located in Zambia, Panama, Turkey, Spain, Australia, and Mauritania. The company's reportable operating segments are Cobre Panama, Kansanshi, and Trident.
73GF Score
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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