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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. GoGold Resources's Revenue for the
three
months ended in Mar. 2026 was $30.33 Mil. GoGold Resources's average Accounts Receivable for the
three
months ended in Mar. 2026 was $19.16 Mil.
Hence, GoGold Resources's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.58.
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.
GoGold Resources Receivables Turnover Related Terms
GoGold Resources Receivables Turnover Historical Data
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The historical data trend for GoGold 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.
For the Other Precious Metals & Mining subindustry, GoGold 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.
GoGold Resources Receivables Turnover vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, GoGold Resources's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where GoGold Resources'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.
GoGold Resources (GLGDF) has a Receivables Turnover of 1.58 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 GoGold Resources and its competitors. According to the industry distribution chart, GoGold Resources ranks #429 out of 781 companies in the Metals & Mining industry, placing it in the top 54.9%.
Is GoGold Resources' Receivables Turnover too high?
GoGold Resources' current Receivables Turnover is 1.58. The Metals & Mining industry median Receivables Turnover is 9.37. GoGold Resources' value of 1.58 is 83.1% below this industry median. Based on the distribution chart, GoGold Resources ranks #429 out of 781 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, GoGold Resources has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GoGold Resources' Receivables Turnover compare to HL?
According to the Metals & Mining industry distribution chart, GoGold Resources ranks #429 out of 781 companies for Receivables Turnover. This places GoGold Resources in the lower half of its industry. The industry median Receivables Turnover is 9.37. GoGold Resources' value of 1.58 is 83.1% 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. GoGold Resources's current Receivables Turnover of 1.58 is 83.1% 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 GoGold Resources 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. GoGold Resources's current Receivables Turnover is 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GoGold Resources stock overvalued right now?
Based on GuruFocus' analysis, GoGold Resources (GLGDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.45, compared to a current price of $2.15 — trading 12.2% below its estimated fair value. The current Receivables Turnover is 1.58 and 83.1% below the Metals & Mining industry median of 9.37. GoGold Resources' overall GF Score™ is 80/100 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 GoGold Resources (GLGDF), the current Receivables Turnover is 1.58 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 GoGold Resources (GLGDF) Overvalued in 2026?
Based on GuruFocus' analysis, GoGold Resources stock appears to be undervalued.
The current stock price of $2.15 is trading 12.2% below its estimated GF Value™ of $2.45.
GuruFocus considers GoGold Resources to be Modestly Undervalued.
Key valuation signals for GLGDF:
Receivables Turnover: 1.58
GF Value™: $2.45 vs. price of $2.15 (12.2% below fair value)
Industry Position: 83.1% below the Metals & Mining median (#429 of 781)
No single metric tells the full story. See the GLGDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GoGold Resources Inc is a Canadian-based company engaged in the identification, acquisition, exploration, development, and production of silver and gold. Its projects include the Parral Project, the Los Ricos South Project, and the Los Ricos North Project.
80GF Score
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