Centerra Gold (FRA:GOU) Receivables Turnover : 4.51 (As of Mar. 2024)

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What is Centerra Gold 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. Centerra Gold's Revenue for the three months ended in Mar. 2024 was €281 Mil. Centerra Gold's average Accounts Receivable for the three months ended in Mar. 2024 was €62 Mil. Hence, Centerra Gold's Receivables Turnover for the three months ended in Mar. 2024 was 4.51.

Centerra Gold Receivables Turnover Historical Data

The historical data trend for Centerra Gold'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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Centerra Gold Receivables Turnover Chart

Centerra Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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23.85

12.11

17.53

12.16

14.63

Centerra Gold Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															2.03	1.62	4.12	4.57	4.51

Competitive Comparison of Centerra Gold's Receivables Turnover

For the Gold subindustry, Centerra Gold'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.

Centerra Gold's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Centerra Gold's Receivables Turnover falls into.

Centerra Gold Receivables Turnover Calculation

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

Centerra Gold'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 )
=	1004.021	/ (	(77.718	+	59.51)	/	2 )
=	1004.021	/	68.614
=	14.63

Centerra Gold's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	281.409	/ (	(59.51	+	65.251)	/	2 )
=	281.409	/	62.3805
=	4.51

Centerra Gold (FRA:GOU) 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.

Centerra Gold Receivables Turnover Related Terms

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Centerra Gold (FRA:GOU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Centerra Gold Inc (FRA:GOU) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

CGAU:USA GOU:Germany CG:Canada

Address

1 University Avenue, Suite 1500, Toronto, ON, CAN, M5J 2P1

Website

https://www.centerragold.com

Centerra Gold Inc a gold mining and exploration company engaged in the operation, exploration, development, and acquisition of gold properties in Asia, North America, and other markets worldwide. The company manages its reportable operating segments by a combination of geographic location and products. The Kyrgyz Republic segment includes the operations of the Kumtor Gold Project. The Turkish segment represents the development of the OksUt Project. The North America Gold- Copper segment represents the operations of the Mount Milligan Mine. The North America Molybdenum segment includes the operations of the Langeloth processing facility and the care and maintenance activities of the Endako and Thompson Creek Mines.

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