IEGCF (Independence Gold) Receivables Turnover: 0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IEGCF Independence Gold Corp IEGCF
27 GF Score
Price $0.08
! 1 Warning Sign
View Full Analysis

What is Independence Gold Receivables Turnover?

Independence Gold IEGCF +3.42% 27 Receivables Turnover is 0.00 as of Mar. 2026. GuruFocus rates IEGCF with a GF Score™ of 27/100. The stock has 1 warning sign investors should review. Among 782 Metals & Mining companies, Independence Gold ranks worse than 127877.11% 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. Independence Gold's Revenue for the three months ended in Mar. 2026 was $0.00 Mil. Independence Gold's average Accounts Receivable for the three months ended in Mar. 2026 was $0.09 Mil.


Independence Gold  (OTCPK:IEGCF) 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.


Independence Gold Receivables Turnover Related Terms


Independence Gold Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Independence Gold'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.

Independence Gold Receivables Turnover Chart

Independence Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Independence Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00

IEGCF vs NEM, AU: Receivables Turnover Comparison

For the Gold subindustry, Independence Gold'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.


Independence Gold Receivables Turnover vs Metals & Mining Industry

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

* The bar in red indicates where Independence Gold's Receivables Turnover falls into.


IEGCF
27GF Score
Independence Gold Corp IEGCF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Independence Gold Receivables Turnover Calculation

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

Independence Gold's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Independence Gold's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=0 / ((0 + 0.086) / 1 )
=0 / 0.086
=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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.00 mean?
Independence Gold (IEGCF) has a Receivables Turnover of 0.00 as of Mar. 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 Independence Gold and its competitors. According to the industry distribution chart, Independence Gold ranks #999999 out of 782 companies in the Metals & Mining industry.
Is Independence Gold's Receivables Turnover too high?
Independence Gold's current Receivables Turnover is 0.00. Based on the distribution chart, Independence Gold ranks #999999 out of 782 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Independence Gold has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Independence Gold's Receivables Turnover compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Independence Gold ranks #999999 out of 782 companies for Receivables Turnover. This places Independence Gold in the lower half of its industry. The industry median Receivables Turnover is 9.36. 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 9.36, based on 782 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. 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 Independence Gold and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Independence Gold's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Independence Gold stock overvalued right now?
Independence Gold (IEGCF) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. Independence Gold's overall GF Score™ is 27/100 with 1 warning sign to review. 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 Independence Gold (IEGCF), the current Receivables Turnover is 0.00 as of Mar. 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.

Independence Gold Business Description

Other Exchanges 625:GermanyIGO:Canada
Address 625 Howe Street, Suite 580, Vancouver, BC, CAN, V6C 2T6
Independence Gold Corp is a mineral exploration company. Its holdings range from early-stage grassroots exploration to further resource expansion in British Columbia and Yukon. Its BC properties include 3Ts Project, Merit Property, Nicoamen Property, Anita Property, and Yukon properties include Boulevard Project, Moosehorn Project. It has one segment, which is the acquisition, exploration, and evaluation of mineral properties in North America.
27GF Score

Get the complete analysis for IEGCF

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.08
Price