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Voltaic Strategic Resources (Voltaic Strategic Resources) Receivables Turnover : 0.00 (As of Jun. 2023)


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What is Voltaic Strategic 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. Voltaic Strategic Resources's Revenue for the six months ended in Jun. 2023 was $0.00 Mil. Voltaic Strategic Resources's average Accounts Receivable for the six months ended in Jun. 2023 was $0.20 Mil.


Voltaic Strategic Resources Receivables Turnover Historical Data

The historical data trend for Voltaic Strategic 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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Voltaic Strategic Resources Receivables Turnover Chart

Voltaic Strategic Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.16 - - - -

Voltaic Strategic Resources Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - -

Competitive Comparison of Voltaic Strategic Resources's Receivables Turnover

For the Oil & Gas E&P subindustry, Voltaic Strategic 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.


Voltaic Strategic Resources's Receivables Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Voltaic Strategic Resources's Receivables Turnover distribution charts can be found below:

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



Voltaic Strategic Resources Receivables Turnover Calculation

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

Voltaic Strategic Resources'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 )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Voltaic Strategic Resources's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=0 / ((0 + 0.199) / 1 )
=0 / 0.199
=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.


Voltaic Strategic Resources  (OTCPK:ICRMF) 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.


Voltaic Strategic Resources Receivables Turnover Related Terms

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Voltaic Strategic Resources (Voltaic Strategic Resources) Business Description

Traded in Other Exchanges
Address
38 Colin Street, Suite 2, Bowman House, West Perth, WA, AUS, 6005
Voltaic Strategic Resources Ltd is an onshore oil and gas exploration and production company which is focused on developing assets in the USA. The projects of the company include Gascoyne Critical Minerals, Powder River Basin, Borie Field, Silvertip Field and California Fields.

Voltaic Strategic Resources (Voltaic Strategic Resources) Headlines

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