GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Northern Star Resources Ltd (FRA:NS7) » Definitions » Receivables Turnover

Northern Star Resources (FRA:NS7) Receivables Turnover : 11.82 (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Northern Star 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. Northern Star Resources's Revenue for the six months ended in Dec. 2023 was €1,380 Mil. Northern Star Resources's average Accounts Receivable for the six months ended in Dec. 2023 was €117 Mil. Hence, Northern Star Resources's Receivables Turnover for the six months ended in Dec. 2023 was 11.82.


Northern Star Resources Receivables Turnover Historical Data

The historical data trend for Northern Star 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.

* Premium members only.

Northern Star Resources Receivables Turnover Chart

Northern Star Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.38 32.88 57.93 90.72 46.19

Northern Star Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 18.12 17.24 14.69 13.36 11.82

Competitive Comparison of Northern Star Resources's Receivables Turnover

For the Gold subindustry, Northern Star 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.


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

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

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



Northern Star Resources Receivables Turnover Calculation

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

Northern Star Resources's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=2559.064 / ((38.691 + 72.106) / 2 )
=2559.064 / 55.3985
=46.19

Northern Star Resources's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=1379.551 / ((72.106 + 161.242) / 2 )
=1379.551 / 116.674
=11.82

* 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 Star Resources  (FRA:NS7) 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 Star Resources Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Northern Star Resources's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Northern Star Resources (FRA:NS7) Business Description

Traded in Other Exchanges
Address
500 Hay Street, Level 4, Subiaco, Perth, WA, AUS, 6008
Northern Star is an Australia-based midtier global gold miner that sold around 1.6 million ounces of gold in fiscal 2023 from its three wholly owned mining operations in Australia and Alaska. Its current operations are the result of significant merger and acquisition activity including 13 acquisitions and four asset sales since 2010. Northern Star had roughly a decade of reserves at the end of fiscal 2023.

Northern Star Resources (FRA:NS7) Headlines

No Headlines