GGGOF (Golconda Gold) Receivables Turnover: 6.23 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GGGOF Golconda Gold Ltd GGGOF
38 GF Score
Price $1.47
GF Value $0.76
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Golconda Gold Receivables Turnover?

Golconda Gold GGGOF 38 Receivables Turnover is 6.23 as of Mar. 2026. GuruFocus rates GGGOF with a GF Score™ of 38/100 and a GF Value™ of $0.76 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 782 Metals & Mining companies, Golconda Gold ranks better than 74.81% on this metric.

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. Golconda Gold's Revenue for the three months ended in Mar. 2026 was $13.85 Mil. Golconda Gold's average Accounts Receivable for the three months ended in Mar. 2026 was $2.22 Mil. Hence, Golconda Gold's Receivables Turnover for the three months ended in Mar. 2026 was 6.23.


Golconda Gold  (OTCPK:GGGOF) 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.


Golconda Gold Receivables Turnover Related Terms


Golconda Gold Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Golconda Gold'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.

Golconda Gold Receivables Turnover Chart

Golconda Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.68 27.81 22.06 49.66 27.79

Golconda Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 9.90 7.15 6.17 5.85 6.23

GGGOF vs NEM, AU: Receivables Turnover Comparison

For the Gold subindustry, Golconda Gold'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.


Golconda Gold Receivables Turnover vs Metals & Mining Industry

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

* The bar in red indicates where Golconda Gold's Receivables Turnover falls into.


GGGOF
38GF Score
Golconda Gold Ltd GGGOF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golconda Gold Receivables Turnover Calculation

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

Golconda Gold's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=33.74 / ((0.471 + 1.957) / 2 )
=33.74 / 1.214
=27.79

Golconda Gold's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=13.854 / ((1.957 + 2.489) / 2 )
=13.854 / 2.223
=6.23

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 6.23 mean?
Golconda Gold (GGGOF) has a Receivables Turnover of 6.23 as of Mar. 2026. The accounts 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. View historical data on Golconda Gold and its competitors. According to the industry distribution chart, Golconda Gold ranks #197 out of 782 companies in the Metals & Mining industry, placing it in the top 25.2%.
Is Golconda Gold's Receivables Turnover too high?
Golconda Gold's current Receivables Turnover is 6.23. The Metals & Mining industry median Receivables Turnover is 9.36. Golconda Gold's value of 6.23 is 33.4% below this industry median. Based on the distribution chart, Golconda Gold ranks #197 out of 782 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Golconda Gold has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Golconda Gold's Receivables Turnover compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Golconda Gold ranks #197 out of 782 companies for Receivables Turnover. This puts Golconda Gold in the upper half of its industry. The industry median Receivables Turnover is 9.36. Golconda Gold's value of 6.23 is 33.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Metals & Mining company?
The median Receivables Turnover among Metals & Mining companies is 9.36, based on 782 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Golconda Gold's current Receivables Turnover of 6.23 is 33.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Golconda Gold and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golconda Gold's current Receivables Turnover is 6.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golconda Gold stock overvalued right now?
Based on GuruFocus' analysis, Golconda Gold (GGGOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.76, compared to a current price of $1.47 — trading 93.4% above its estimated fair value. The current Receivables Turnover is 6.23 and 33.4% below the Metals & Mining industry median of 9.36. Golconda Gold's overall GF Score™ is 38/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Golconda Gold (GGGOF), the current Receivables Turnover is 6.23 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Golconda Gold (GGGOF) Overvalued in 2026?

Based on GuruFocus' analysis, Golconda Gold stock appears to be overvalued. The current stock price of $1.47 is trading 93.4% above its estimated GF Value™ of $0.76. GuruFocus considers Golconda Gold to be Significantly Overvalued.

Key valuation signals for GGGOF:

  • Receivables Turnover: 6.23
  • GF Value™: $0.76 vs. price of $1.47 (93.4% above fair value)
  • GF Score™: 38/100 with 1 warning sign
  • Industry Position: 33.4% below the Metals & Mining median (#197 of 782)

No single metric tells the full story. See the GGGOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golconda Gold Business Description

Other Exchanges Y87:GermanyGG:Canada
Address 181 Bay Street, Suite 1800, Toronto, ON, CAN, M5J 2T9
Golconda Gold Ltd is an un-hedged gold producer and explorer with mining operations and exploration tenements in Botswana, South Africa and New Mexico. The company's projects include Galaxy in South Africa; and Summit and Banner Mill in the United States of America. It has three geographic segments, being the Republic of South Africa, the U.S.A. and Canada, out of which it derives maximum revenue from South Africa.
38GF Score

Get the complete analysis for GGGOF

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.47
Price
$0.76
GF Value