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Comet Lithium (FRA:8QY) Receivables Turnover : 0.00 (As of Sep. 2024)


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What is Comet Lithium 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. Comet Lithium's Revenue for the three months ended in Sep. 2024 was €0.00 Mil. Comet Lithium's average Accounts Receivable for the three months ended in Sep. 2024 was €0.00 Mil.


Comet Lithium Receivables Turnover Historical Data

The historical data trend for Comet Lithium'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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Comet Lithium Receivables Turnover Chart

Comet Lithium Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
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Comet Lithium Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Comet Lithium's Receivables Turnover

For the Other Precious Metals & Mining subindustry, Comet Lithium'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.


Comet Lithium's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Comet Lithium's Receivables Turnover falls into.



Comet Lithium Receivables Turnover Calculation

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

Comet Lithium'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 )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Comet Lithium's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=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.


Comet Lithium  (FRA:8QY) 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.


Comet Lithium Receivables Turnover Related Terms

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Comet Lithium Business Description

Traded in Other Exchanges
Address
147 Avenue Quebec, Porte Arriere, Rouyn-Noranda, QC, CAN, J9X 6M8
Comet Lithium Corp is a Lithium-focused exploration entity engaged in acquiring, exploring, and developing mining properties. It has interests in properties at the exploration stage located in Canada. Its flagship asset are the Liberty Property, James Bay property, Troilus East property, and Ducran property.

Comet Lithium Headlines

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