HRFEF (Harfang Exploration) Receivables Turnover: 0.08 (As of Apr. 2026)


What is Harfang Exploration Receivables Turnover?

Harfang Exploration HRFEF +14.29% Receivables Turnover is 0.08 as of Apr. 2026. The stock has 2 warning signs investors should review. Among 781 Metals & Mining companies, Harfang Exploration ranks worse than 95.13% on this metric.

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. Harfang Exploration's Revenue for the three months ended in Apr. 2026 was $0.01 Mil. Harfang Exploration's average Accounts Receivable for the three months ended in Apr. 2026 was $0.06 Mil. Hence, Harfang Exploration's Receivables Turnover for the three months ended in Apr. 2026 was 0.08.


Harfang Exploration  (OTCPK:HRFEF) 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.


Harfang Exploration Receivables Turnover Related Terms


Harfang Exploration Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Harfang Exploration'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.

Harfang Exploration Receivables Turnover Chart

Harfang Exploration Annual Data
Trend Oct16 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.26

Harfang Exploration Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 0.05 0.08 0.02 0.08

Harfang Exploration Receivables Turnover Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Harfang Exploration'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.


Harfang Exploration Receivables Turnover vs Metals & Mining Industry

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

* The bar in red indicates where Harfang Exploration's Receivables Turnover falls into.



Harfang Exploration Receivables Turnover Calculation

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

Harfang Exploration's Receivables Turnover for the fiscal year that ended in Jan. 2026 is calculated as

Receivables Turnover (A: Jan. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jan. 2026 ) / ((Accounts Receivable (A: Jan. 2025 ) + Accounts Receivable (A: Jan. 2026 )) / count )
=0.024 / ((0 + 0.091) / 1 )
=0.024 / 0.091
=0.26

Harfang Exploration's Receivables Turnover for the quarter that ended in Apr. 2026 is calculated as

Receivables Turnover (Q: Apr. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Apr. 2026 ) / ((Accounts Receivable (Q: Jan. 2026 ) + Accounts Receivable (Q: Apr. 2026 )) / count )
=0.005 / ((0.091 + 0.033) / 2 )
=0.005 / 0.062
=0.08

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.08 mean?
Harfang Exploration (HRFEF) has a Receivables Turnover of 0.08 as of Apr. 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 Harfang Exploration and its competitors. According to the industry distribution chart, Harfang Exploration ranks #743 out of 781 companies in the Metals & Mining industry, placing it in the top 95.1%.
Is Harfang Exploration's Receivables Turnover too high?
Harfang Exploration's current Receivables Turnover is 0.08. The Metals & Mining industry median Receivables Turnover is 9.37. Harfang Exploration's value of 0.08 is 99.1% below this industry median. Based on the distribution chart, Harfang Exploration ranks #743 out of 781 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Harfang Exploration's Receivables Turnover compare to competitors?
According to the Metals & Mining industry distribution chart, Harfang Exploration ranks #743 out of 781 companies for Receivables Turnover. This places Harfang Exploration in the lower half of its industry. The industry median Receivables Turnover is 9.37. Harfang Exploration's value of 0.08 is 99.1% 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. Harfang Exploration's current Receivables Turnover of 0.08 is 99.1% 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 Harfang Exploration 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. Harfang Exploration's current Receivables Turnover is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harfang Exploration stock overvalued right now?
Harfang Exploration (HRFEF) has a current Receivables Turnover of 0.08. The current Receivables Turnover is 0.08 and 99.1% below the Metals & Mining industry median of 9.37. 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 Harfang Exploration (HRFEF), the current Receivables Turnover is 0.08 as of Apr. 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.

Harfang Exploration Business Description

Other Exchanges HAR:Canada
Address 1100 Avenue des Canadiens-de-Montreal, Suite 300, Montreal, QC, CAN, H3B 2S2
Harfang Exploration Inc is an exploration and evaluation stage company, is in the business of acquiring and exploring mineral properties in Canada. Its focus is currently on the exploration and evaluation of its mineral properties in the James Bay area in the Province of Quebec for gold and lithium and in northern Ontario for gold.