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Oroco Resource (FRA:OR6) Receivables Turnover : 0.00 (As of Feb. 2024)


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What is Oroco Resource 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. Oroco Resource's Revenue for the three months ended in Feb. 2024 was €0.00 Mil. Oroco Resource's average Accounts Receivable for the three months ended in Feb. 2024 was €0.03 Mil.


Oroco Resource Receivables Turnover Historical Data

The historical data trend for Oroco Resource'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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Oroco Resource Receivables Turnover Chart

Oroco Resource Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Receivables Turnover
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Oroco Resource Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 Aug23 Nov23 Feb24
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Competitive Comparison of Oroco Resource's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Oroco Resource'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.


Oroco Resource's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Oroco Resource's Receivables Turnover falls into.



Oroco Resource Receivables Turnover Calculation

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

Oroco Resource's Receivables Turnover for the fiscal year that ended in May. 2022 is calculated as

Receivables Turnover (A: May. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: May. 2022 ) / ((Accounts Receivable (A: May. 2021 ) + Accounts Receivable (A: May. 2022 )) / count )
=0 / ((0.562 + 0.617) / 2 )
=0 / 0.5895
=N/A

Oroco Resource's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

Receivables Turnover (Q: Feb. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Feb. 2024 ) / ((Accounts Receivable (Q: Nov. 2023 ) + Accounts Receivable (Q: Feb. 2024 )) / count )
=0 / ((0.024 + 0.041) / 2 )
=0 / 0.0325
=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.


Oroco Resource  (FRA:OR6) 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.


Oroco Resource Receivables Turnover Related Terms

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Oroco Resource (FRA:OR6) Business Description

Traded in Other Exchanges
Address
1166 Alberni Street, Suite 1201, Vancouver, BC, CAN, V6E 3Z3
Oroco Resource Corp is an exploration-stage mineral company engaged in the acquisition, exploration, and development of mineral properties in Mexico with a primary focus on its Xochipala property in Guerrero State, Mexico. Its exploration and evaluation assets consist of the Santo Tomas properties in Sinaloa State and Xochipala & Salvador properties in Guerrero State, Mexico.

Oroco Resource (FRA:OR6) Headlines

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