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Lion One Metals (Lion One Metals) Receivables Turnover : 0.68 (As of Mar. 2024)


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What is Lion One Metals 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. Lion One Metals's Revenue for the three months ended in Mar. 2024 was $3.02 Mil. Lion One Metals's average Accounts Receivable for the three months ended in Mar. 2024 was $4.43 Mil. Hence, Lion One Metals's Receivables Turnover for the three months ended in Mar. 2024 was 0.68.


Lion One Metals Receivables Turnover Historical Data

The historical data trend for Lion One Metals'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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Lion One Metals Receivables Turnover Chart

Lion One Metals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
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Lion One Metals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 0.31 0.68

Competitive Comparison of Lion One Metals's Receivables Turnover

For the Gold subindustry, Lion One Metals'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.


Lion One Metals's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Lion One Metals's Receivables Turnover falls into.



Lion One Metals Receivables Turnover Calculation

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

Lion One Metals's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=0 / ((0.727 + 2.816) / 2 )
=0 / 1.7715
=N/A

Lion One Metals's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=3.019 / ((4.009 + 4.846) / 2 )
=3.019 / 4.4275
=0.68

* 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.


Lion One Metals  (OTCPK:LOMLF) 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.


Lion One Metals Receivables Turnover Related Terms

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Lion One Metals (Lion One Metals) Business Description

Traded in Other Exchanges
Address
No. 306-267 West Esplanade, North Vancouver, Vancouver, BC, CAN, V7M 1A5
Lion One Metals Ltd is a mineral exploration and development company currently focused on mineral resources in Fiji. The company's primary asset is the Tuvatu Gold Project. It has two geographical segments that are Fiji and Australia.

Lion One Metals (Lion One Metals) Headlines