LANRF (Lancaster resources) Receivables Turnover : 0.00 (As of Sep. 2024)

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What is Lancaster 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. Lancaster resources's Revenue for the three months ended in Sep. 2024 was $0.00 Mil. Lancaster resources's average Accounts Receivable for the three months ended in Sep. 2024 was $0.01 Mil.

Lancaster resources Receivables Turnover Historical Data

The historical data trend for Lancaster 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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Lancaster resources Receivables Turnover Chart

Lancaster resources Annual Data

Trend

Nov19

Nov20

Nov21

Nov22

Mar23

Mar24

Receivables Turnover

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Lancaster resources Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Sep23	Dec23	Mar24	Jun24	Sep24
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Competitive Comparison of Lancaster resources's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Lancaster 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.

Lancaster resources's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Lancaster resources's Receivables Turnover falls into.

Lancaster resources Receivables Turnover Calculation

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

Lancaster resources's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	0	/ (	(0.048	+	0.029)	/	2 )
=	0	/	0.0385
=	N/A

Lancaster resources's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	0	/ (	(0.004	+	0.007)	/	2 )
=	0	/	0.0055
=	N/A

Lancaster resources (OTCPK:LANRF) 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.

Lancaster resources Receivables Turnover Related Terms

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Lancaster resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lancaster resources Inc (OTCPK:LANRF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

6UF0:Germany LCR:Canada

Address

2569 Marine Drive, Vancouver, BC, CAN, V7V 1L5

Website

https://www.lancaster-resources.com

Lancaster resources Inc is engaged in exploring energy transition metals, particularly lithium, to take advantage of the shifts toward decarbonization and electrification. Its goal is to identify, acquire, explore, and develop high-quality mineral-rich properties, integrating sustainable energy sources and technologies for climate-positive resource production. The company holds exclusive rights to acquire a 100% interest in the Alkali Flat lithium brine project situated in Lordsburg, New Mexico, USA.