Hochschild Mining (Hochschild Mining) Receivables Turnover : 7.06 (As of Dec. 2023)

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What is Hochschild Mining 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. Hochschild Mining's Revenue for the six months ended in Dec. 2023 was $379.7 Mil. Hochschild Mining's average Accounts Receivable for the six months ended in Dec. 2023 was $53.8 Mil. Hence, Hochschild Mining's Receivables Turnover for the six months ended in Dec. 2023 was 7.06.

Hochschild Mining Receivables Turnover Historical Data

The historical data trend for Hochschild Mining'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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Hochschild Mining Receivables Turnover Chart

Hochschild Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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20.03

15.24

22.59

21.79

20.08

Hochschild Mining Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															7.13	6.24	6.16	5.21	7.06

Competitive Comparison of Hochschild Mining's Receivables Turnover

For the Gold subindustry, Hochschild Mining'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.

Hochschild Mining's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Hochschild Mining's Receivables Turnover falls into.

Hochschild Mining Receivables Turnover Calculation

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

Hochschild Mining's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	693.716	/ (	(41.031	+	28.051)	/	2 )
=	693.716	/	34.541
=	20.08

Hochschild Mining's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	379.693	/ (	(79.583	+	28.051)	/	2 )
=	379.693	/	53.817
=	7.06

Hochschild Mining (OTCPK:HCHDY) 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.

Hochschild Mining Receivables Turnover Related Terms

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Hochschild Mining (Hochschild Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hochschild Mining PLC (OTCPK:HCHDY) » Definitions » Receivables Turnover

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Traded in Other Exchanges

HCHDF:USA HOCl:UK HOC:UK H3M:Germany

Address

17 Cavendish Square, London, GBR, W1G 0PH

Website

https://www.hochschildmining.com

Hochschild Mining PLC a precious metals company engages in the exploration, mining, processing, and sale of silver and gold deposits in the Americas. It primarily operates three mines located in southern Peru and one operating mine located in Argentina. The segment in which it operates includes Pallancata, San Jose, Inmaculada, Exploration, and Other. Its reportable segments are engaged in the sale of gold, silver, dore, and concentrate. The business of the company can be seen expanding across various geographical regions the USA, Peru, Canada, Germany, Switzerland, the United Kingdom, Korea and Japan of which group derives major revenue share from the Switzerland region.

Hochschild Mining (Hochschild Mining) Headlines

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