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Guanajuato Silver Co (Guanajuato Silver Co) Receivables Turnover : 5.33 (As of Mar. 2024)


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What is Guanajuato Silver Co 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. Guanajuato Silver Co's Revenue for the three months ended in Mar. 2024 was $17.77 Mil. Guanajuato Silver Co's average Accounts Receivable for the three months ended in Mar. 2024 was $3.33 Mil. Hence, Guanajuato Silver Co's Receivables Turnover for the three months ended in Mar. 2024 was 5.33.


Guanajuato Silver Co Receivables Turnover Historical Data

The historical data trend for Guanajuato Silver Co'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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Guanajuato Silver Co Receivables Turnover Chart

Guanajuato Silver Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 8.37 16.96

Guanajuato Silver Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 6.21 4.82 5.19 8.00 5.33

Competitive Comparison of Guanajuato Silver Co's Receivables Turnover

For the Silver subindustry, Guanajuato Silver Co'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.


Guanajuato Silver Co's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Guanajuato Silver Co's Receivables Turnover falls into.



Guanajuato Silver Co Receivables Turnover Calculation

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

Guanajuato Silver Co's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=36.88 / ((0.492 + 3.857) / 2 )
=36.88 / 2.1745
=16.96

Guanajuato Silver Co's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=17.765 / ((1.956 + 4.705) / 2 )
=17.765 / 3.3305
=5.33

* 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.


Guanajuato Silver Co  (OTCPK:GSVRF) 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.


Guanajuato Silver Co Receivables Turnover Related Terms

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Guanajuato Silver Co (Guanajuato Silver Co) Business Description

Traded in Other Exchanges
Address
999 Canada Place, Suite 578, Vancouver, BC, CAN, V6C 3E1
Guanajuato Silver Co Ltd is in the business of the acquisition, exploration and evaluation of mining assets. The company holds exploration and evaluation asset interests located in Canada and Mexico.

Guanajuato Silver Co (Guanajuato Silver Co) Headlines

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