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GMRCF (Gelum Resources) Receivables Turnover : 0.00 (As of Jan. 2025)


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What is Gelum 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. Gelum Resources's Revenue for the three months ended in Jan. 2025 was $0.00 Mil. Gelum Resources's average Accounts Receivable for the three months ended in Jan. 2025 was $0.01 Mil.


Gelum Resources Receivables Turnover Historical Data

The historical data trend for Gelum 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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Gelum Resources Receivables Turnover Chart

Gelum Resources Annual Data
Trend Apr20 Apr21 Apr22 Apr23 Apr24
Receivables Turnover
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Gelum Resources Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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Competitive Comparison of Gelum Resources's Receivables Turnover

For the Gold subindustry, Gelum 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.


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

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

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


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Gelum Resources Receivables Turnover Calculation

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

Gelum Resources's Receivables Turnover for the fiscal year that ended in Apr. 2024 is calculated as

Receivables Turnover (A: Apr. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Apr. 2024 ) / ((Accounts Receivable (A: Apr. 2023 ) + Accounts Receivable (A: Apr. 2024 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Gelum Resources's Receivables Turnover for the quarter that ended in Jan. 2025 is calculated as

Receivables Turnover (Q: Jan. 2025 )
=Revenue / Average Total Inventories
=Revenue (Q: Jan. 2025 ) / ((Accounts Receivable (Q: Oct. 2024 ) + Accounts Receivable (Q: Jan. 2025 )) / count )
=0 / ((0.007 + 0.007) / 2 )
=0 / 0.007
=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.


Gelum Resources  (OTCPK:GMRCF) 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.


Gelum Resources Receivables Turnover Related Terms

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Gelum Resources Business Description

Traded in Other Exchanges
Address
200 Burrard Street, Suite 1570, Vancouver, BC, CAN, V6C 3L6
Gelum Resources Ltd is engaged in the acquisition, exploration, and evaluation of mineral properties. Its Eldorado Gold Property is located within the Bralorne-Bridge River Gold District in south-central British Columbia.

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