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LMEFF (Laurion Mineral Exploration) Receivables Turnover : 0.00 (As of Dec. 2024)


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What is Laurion Mineral Exploration 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. Laurion Mineral Exploration's Revenue for the three months ended in Dec. 2024 was $0.00 Mil. Laurion Mineral Exploration's average Accounts Receivable for the three months ended in Dec. 2024 was $0.00 Mil.


Laurion Mineral Exploration Receivables Turnover Historical Data

The historical data trend for Laurion Mineral 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.

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Laurion Mineral Exploration Receivables Turnover Chart

Laurion Mineral Exploration Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
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Laurion Mineral Exploration Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of Laurion Mineral Exploration's Receivables Turnover

For the Gold subindustry, Laurion Mineral 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.


Laurion Mineral Exploration's Receivables Turnover Distribution in the Metals & Mining Industry

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

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


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Laurion Mineral Exploration Receivables Turnover Calculation

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

Laurion Mineral Exploration's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=0 / ((0.195 + 0) / 1 )
=0 / 0.195
=N/A

Laurion Mineral Exploration's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=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.


Laurion Mineral Exploration  (OTCPK:LMEFF) 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.


Laurion Mineral Exploration Receivables Turnover Related Terms

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Laurion Mineral Exploration Business Description

Traded in Other Exchanges
Address
40 King Street West, Suite 5800, Scotia Plaza, Toronto, ON, CAN, M5H 3S1
Laurion Mineral Exploration Inc is a Canadian-based exploration company. It is engaged in the acquisition, exploration and development of mineral resource properties. The company has key interests in prospective mining properties of the Ishkoday gold project and the Midlothian and Doon property.

Laurion Mineral Exploration Headlines

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