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Northern Sun Mining (FRA:LM8A) Receivables Turnover : 1.36 (As of Dec. 2015)


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What is Northern Sun 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. Northern Sun Mining's Revenue for the three months ended in Dec. 2015 was €0.54 Mil. Northern Sun Mining's average Accounts Receivable for the three months ended in Dec. 2015 was €0.40 Mil. Hence, Northern Sun Mining's Receivables Turnover for the three months ended in Dec. 2015 was 1.36.


Northern Sun Mining Receivables Turnover Historical Data

The historical data trend for Northern Sun 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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Northern Sun Mining Receivables Turnover Chart

Northern Sun Mining Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 7.25 0.08 8.73 11.39

Northern Sun Mining Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.55 2.48 0.68 2.67 1.36

Competitive Comparison of Northern Sun Mining's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Northern Sun 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.


Northern Sun Mining's Receivables Turnover Distribution in the Metals & Mining Industry

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

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



Northern Sun Mining Receivables Turnover Calculation

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

Northern Sun Mining's Receivables Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Receivables Turnover (A: Dec. 2015 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2015 ) / ((Accounts Receivable (A: Dec. 2014 ) + Accounts Receivable (A: Dec. 2015 )) / count )
=4.97 / ((0.809 + 0.064) / 2 )
=4.97 / 0.4365
=11.39

Northern Sun Mining's Receivables Turnover for the quarter that ended in Dec. 2015 is calculated as

Receivables Turnover (Q: Dec. 2015 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2015 ) / ((Accounts Receivable (Q: Sep. 2015 ) + Accounts Receivable (Q: Dec. 2015 )) / count )
=0.539 / ((0.728 + 0.064) / 2 )
=0.539 / 0.396
=1.36

* 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.


Northern Sun Mining  (FRA:LM8A) 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.


Northern Sun Mining Receivables Turnover Related Terms

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Northern Sun Mining (FRA:LM8A) Business Description

Traded in Other Exchanges
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Address
Liberty Mines Inc., is engaged in exploration, development and production of nickel and related base metals from its properties in Ontario, Canada. The Company is also involved in the exploration for and development of mineral resources.

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