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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. Globex Mining Enterprises's Revenue for the
three
months ended in Mar. 2026 was $0.42 Mil. Globex Mining Enterprises's average Accounts Receivable for the
three
months ended in Mar. 2026 was $0.07 Mil.
Hence, Globex Mining Enterprises's Receivables Turnover for the
three
months ended in Mar. 2026 was 6.18.
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.
Globex Mining Enterprises Receivables Turnover Related Terms
Globex Mining Enterprises Receivables Turnover Historical Data
* 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.
For the Other Industrial Metals & Mining subindustry, Globex Mining Enterprises'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.
Globex Mining Enterprises Receivables Turnover vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Globex Mining Enterprises's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Globex Mining Enterprises's Receivables Turnover falls into.
* 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.
Globex Mining Enterprises (GLBXF) has a Receivables Turnover of 6.18 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 Globex Mining Enterprises and its competitors. According to the industry distribution chart, Globex Mining Enterprises ranks #259 out of 781 companies in the Metals & Mining industry, placing it in the top 33.2%.
Is Globex Mining Enterprises' Receivables Turnover too high?
Globex Mining Enterprises' current Receivables Turnover is 6.18. The Metals & Mining industry median Receivables Turnover is 9.37. Globex Mining Enterprises' value of 6.18 is 34% below this industry median. Based on the distribution chart, Globex Mining Enterprises ranks #259 out of 781 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Globex Mining Enterprises has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Globex Mining Enterprises' Receivables Turnover compare to competitors?
According to the Metals & Mining industry distribution chart, Globex Mining Enterprises ranks #259 out of 781 companies for Receivables Turnover. This puts Globex Mining Enterprises in the upper half of its industry. The industry median Receivables Turnover is 9.37. Globex Mining Enterprises' value of 6.18 is 34% 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 9.37, based on 781 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. Globex Mining Enterprises's current Receivables Turnover of 6.18 is 34% 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 Globex Mining Enterprises and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globex Mining Enterprises's current Receivables Turnover is 6.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globex Mining Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Globex Mining Enterprises (GLBXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.61, compared to a current price of $1.37 — trading 124.6% above its estimated fair value. The current Receivables Turnover is 6.18 and 34% below the Metals & Mining industry median of 9.37. Globex Mining Enterprises' overall GF Score™ is 42/100 with 2 warning signs 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 Globex Mining Enterprises (GLBXF), the current Receivables Turnover is 6.18 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 Globex Mining Enterprises (GLBXF) Overvalued in 2026?
Based on GuruFocus' analysis, Globex Mining Enterprises stock appears to be overvalued.
The current stock price of $1.37 is trading 124.6% above its estimated GF Value™ of $0.61.
GuruFocus considers Globex Mining Enterprises to be Significantly Overvalued.
Key valuation signals for GLBXF:
Receivables Turnover: 6.18
GF Value™: $0.61 vs. price of $1.37 (124.6% above fair value)
Industry Position: 34% below the Metals & Mining median (#259 of 781)
No single metric tells the full story. See the GLBXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Globex Mining Enterprises Inc is a Canada-based exploration company. The company is focused on exploration and development property bank which operates under the project generator business mode. The company is engaged in the acquisition, development, and exploration of mineral properties in North America. The company's mineral portfolio consists of early to mid-stage exploration, development, and royalty properties which contain Base Metals, Specialty Metals and Minerals and Industrial Minerals.
42GF Score
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