Silvercorp Metals (FRA:S9Y) Receivables Turnover : 61.00 (As of Dec. 2023)

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What is Silvercorp Metals 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. Silvercorp Metals's Revenue for the three months ended in Dec. 2023 was €53.7 Mil. Silvercorp Metals's average Accounts Receivable for the three months ended in Dec. 2023 was €0.9 Mil. Hence, Silvercorp Metals's Receivables Turnover for the three months ended in Dec. 2023 was 61.00.

Silvercorp Metals Receivables Turnover Historical Data

The historical data trend for Silvercorp Metals'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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Silvercorp Metals Receivables Turnover Chart

Silvercorp Metals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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314.07

194.37

139.53

87.38

78.24

Silvercorp Metals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															47.92	24.17	34.95	33.49	61.00

Competitive Comparison of Silvercorp Metals's Receivables Turnover

For the Silver subindustry, Silvercorp Metals'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.

Silvercorp Metals's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Silvercorp Metals's Receivables Turnover falls into.

Silvercorp Metals Receivables Turnover Calculation

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

Silvercorp Metals's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	194.392	/ (	(3.282	+	1.687)	/	2 )
=	194.392	/	2.4845
=	78.24

Silvercorp Metals'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: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	53.652	/ (	(1.539	+	0.22)	/	2 )
=	53.652	/	0.8795
=	61.00

Silvercorp Metals (FRA:S9Y) 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.

Silvercorp Metals Receivables Turnover Related Terms

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Silvercorp Metals (FRA:S9Y) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silvercorp Metals Inc (FRA:S9Y) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

SVM:USA S9Y:Germany SVM:Canada

Address

1066 West Hastings Street, Suite 1750, Vancouver, BC, CAN, V6E 3X1

Website

http://www.silvercorp.ca

Silvercorp Metals Inc is a mineral mining company. It acquires, explores, develops, and mines precious and base metal mineral properties at its producing mines and exploration and development projects in China. The group produces silver, gold, lead, and zinc. The company creates shareholder's value by focusing on generating free cash flow from long-life mines; organic growth through extensive drilling for discovery; equity investments in potential world-class opportunities; ongoing merger and acquisition efforts to unlock value; and long-term commitment to responsible mining and ESG.

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