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Copper Lake Resources (FRA:W0I) Receivables Turnover : 0.00 (As of Apr. 2024)


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What is Copper Lake 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. Copper Lake Resources's Revenue for the three months ended in Apr. 2024 was €0.00 Mil. Copper Lake Resources's average Accounts Receivable for the three months ended in Apr. 2024 was €0.00 Mil.


Copper Lake Resources Receivables Turnover Historical Data

The historical data trend for Copper Lake 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.

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Copper Lake Resources Receivables Turnover Chart

Copper Lake Resources Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Receivables Turnover
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Copper Lake Resources Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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Competitive Comparison of Copper Lake Resources's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Copper Lake 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.


Copper Lake Resources's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Copper Lake Resources's Receivables Turnover falls into.



Copper Lake Resources Receivables Turnover Calculation

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

Copper Lake Resources's Receivables Turnover for the fiscal year that ended in Oct. 2023 is calculated as

Receivables Turnover (A: Oct. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Oct. 2023 ) / ((Accounts Receivable (A: Oct. 2022 ) + Accounts Receivable (A: Oct. 2023 )) / count )
=0 / ((0 + 0.004) / 1 )
=0 / 0.004
=N/A

Copper Lake Resources's Receivables Turnover for the quarter that ended in Apr. 2024 is calculated as

Receivables Turnover (Q: Apr. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Apr. 2024 ) / ((Accounts Receivable (Q: Jan. 2024 ) + Accounts Receivable (Q: Apr. 2024 )) / count )
=0 / ((0.003 + 0) / 1 )
=0 / 0.003
=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.


Copper Lake Resources  (FRA:W0I) 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.


Copper Lake Resources Receivables Turnover Related Terms

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Copper Lake Resources Business Description

Traded in Other Exchanges
Address
1 King Street West, Suite 4800 - 233, Toronto, ON, CAN, M5H 1A1
Copper Lake Resources Ltd is an exploration company based in Canada. It is principally engaged in the business of exploration and development of mineral resource properties. It holds an interest in Norton Lake property, Marshall Lake property which is located in the north-northeast of Thunder Bay, Ontario. The company operates its business through a single segment of Mineral exploration in Canada.

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