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.
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.
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. African Copper's Revenue for the
six
months ended in Sep. 2014 was £18.93 Mil. African Copper's average Accounts Receivable for the
six
months ended in Sep. 2014 was £2.69 Mil.
Hence, African Copper's Receivables Turnover for the
six
months ended in Sep. 2014 was 7.04.
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.
African Copper Receivables Turnover Related Terms
African Copper Receivables Turnover Historical Data
* Premium members only.
The historical data trend for African Copper'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.
For the Copper subindustry, African Copper'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.
African Copper Receivables Turnover vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, African Copper's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where African Copper's Receivables Turnover falls into.
* 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.
African Copper (LSE:ACU) has a Receivables Turnover of 7.04 as of Sep. 2014. 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 African Copper and its competitors.
Is African Copper's Receivables Turnover too high?
African Copper's current Receivables Turnover is 7.04. The Metals & Mining industry median Receivables Turnover is 9.40. African Copper's value of 7.04 is 25.1% below this industry median.
How does African Copper's Receivables Turnover compare to competitors?
African Copper's Receivables Turnover of 7.04 can be compared against companies in the Metals & Mining industry. The industry median Receivables Turnover is 9.40. African Copper's value of 7.04 is 25.1% below this benchmark. 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 9.40, based on 780 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. African Copper's current Receivables Turnover of 7.04 is 25.1% below the industry median. 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 African Copper and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. African Copper's current Receivables Turnover is 7.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African Copper stock overvalued right now?
African Copper (LSE:ACU) has a current Receivables Turnover of 7.04. The current Receivables Turnover is 7.04 and 25.1% below the Metals & Mining industry median of 9.40. 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 African Copper (LSE:ACU), the current Receivables Turnover is 7.04 as of Sep. 2014. 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.
African Copper PLC was incorporated on February 11, 2004 in England and Wales. The Company is engaged in the exploration for, development and mining of, copper deposits in the Republic of Botswana. Its main activity is that of a holding company. Its main project is the copper producing open pit Mowana mine. The Company's wholly-owned subsidiary Messina holds the Dukwe Project comprising exploration licence PL 33/2005, with an area of 139.6 km2. The Dukwe Project with its associated licences encompasses the Mowana Mine and all current estimated mineral resources and reserves associated with the mine; together with north and south extensions of mineralization that lie outside of the Mowana Mine licence area. It also owns the rights to the adjacent Thakadu-Makala deposits and holds permits in exploration properties at the Matsitama Project which is contiguous to the southern boundary of the Mowana Mine.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LSE:ACU has been successfully added to your 
