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Gold Lakes (Gold Lakes) Receivables Turnover : 0.00 (As of Apr. 2017)


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What is Gold Lakes 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. Gold Lakes's Revenue for the three months ended in Apr. 2017 was $0.00 Mil. Gold Lakes's average Accounts Receivable for the three months ended in Apr. 2017 was $0.00 Mil.


Gold Lakes Receivables Turnover Historical Data

The historical data trend for Gold Lakes'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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Gold Lakes Receivables Turnover Chart

Gold Lakes Annual Data
Trend Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16
Receivables Turnover
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Gold Lakes Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
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Competitive Comparison of Gold Lakes's Receivables Turnover

For the Gold subindustry, Gold Lakes'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.


Gold Lakes's Receivables Turnover Distribution in the Metals & Mining Industry

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

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



Gold Lakes Receivables Turnover Calculation

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

Gold Lakes's Receivables Turnover for the fiscal year that ended in Jul. 2016 is calculated as

Receivables Turnover (A: Jul. 2016 )
=Revenue / Average Total Inventories
=Revenue (A: Jul. 2016 ) / ((Accounts Receivable (A: Jul. 2015 ) + Accounts Receivable (A: Jul. 2016 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Gold Lakes's Receivables Turnover for the quarter that ended in Apr. 2017 is calculated as

Receivables Turnover (Q: Apr. 2017 )
=Revenue / Average Total Inventories
=Revenue (Q: Apr. 2017 ) / ((Accounts Receivable (Q: Jan. 2017 ) + Accounts Receivable (Q: Apr. 2017 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=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.


Gold Lakes  (GREY:GLLK) 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.


Gold Lakes Receivables Turnover Related Terms

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Gold Lakes (Gold Lakes) Business Description

Traded in Other Exchanges
N/A
Address
3401 Enterprise Parkway, Suite 340, Beachwood, OH, USA, 42122
Gold Lakes Corp is involved in the business of mining and developing precious metals, mainly Gold. Its projects include The Big Monty property located in the north of Kirkland Lake and east of Timmins in Ontario and The Ponderosa property located in townships of Frecheville, Stoughton, and the Mistaken islands of Ontario, Canada.

Gold Lakes (Gold Lakes) Headlines

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