African Eagle Resources (LSE:AFE) Receivables Turnover: 0.00 (As of Jun. 2014)

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What is African Eagle Resources Receivables Turnover?

African Eagle Resources LSE:AFE Receivables Turnover is 0.00 as of Jun. 2014. The stock has 2 warning signs investors should review.

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 Eagle Resources's Revenue for the six months ended in Jun. 2014 was £0.00 Mil. African Eagle Resources's average Accounts Receivable for the six months ended in Jun. 2014 was £0.02 Mil.

African Eagle Resources  (LSE:AFE) 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.

African Eagle Resources Receivables Turnover Related Terms

African Eagle Resources Receivables Turnover Historical Data

* Premium members only.

The historical data trend for African Eagle 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.

African Eagle Resources Receivables Turnover Chart

African Eagle Resources Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

African Eagle Resources Semi-Annual Data
Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
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

African Eagle Resources Receivables Turnover Competitor Comparison

For the Other Industrial Metals & Mining subindustry, African Eagle 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.

African Eagle Resources Receivables Turnover vs Metals & Mining Industry

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

* The bar in red indicates where African Eagle Resources's Receivables Turnover falls into.


African Eagle Resources Receivables Turnover Calculation

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

African Eagle Resources's Receivables Turnover for the fiscal year that ended in Dec. 2013 is calculated as

Receivables Turnover (A: Dec. 2013 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2013 ) / ((Accounts Receivable (A: Dec. 2012 ) + Accounts Receivable (A: Dec. 2013 )) / count )
=0 / ((0.063 + 0.012) / 2 )
=0 / 0.0375
=N/A

African Eagle Resources's Receivables Turnover for the quarter that ended in Jun. 2014 is calculated as

Receivables Turnover (Q: Jun. 2014 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2014 ) / ((Accounts Receivable (Q: Dec. 2013 ) + Accounts Receivable (Q: Jun. 2014 )) / count )
=0 / ((0.012 + 0.036) / 2 )
=0 / 0.024
=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?
African Eagle Resources (LSE:AFE) has a Receivables Turnover of 0.00 as of Jun. 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 Eagle Resources and its competitors.
Is African Eagle Resources' Receivables Turnover too high?
African Eagle Resources' current Receivables Turnover is 0.00.
How does African Eagle Resources' Receivables Turnover compare to competitors?
African Eagle Resources' Receivables Turnover of 0.00 can be compared against companies in the Metals & Mining 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 African Eagle Resources 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. African Eagle Resources'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 African Eagle Resources stock overvalued right now?
African Eagle Resources (LSE:AFE) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. 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 Eagle Resources (LSE:AFE), the current Receivables Turnover is 0.00 as of Jun. 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 Eagle Resources Business Description

African Eagle Resources PLC was incorporated on January 19, 2000. The Company is engaged in the exploration and development of nickel. The Company's Investing Policy is to seek opportunities in the natural resources, infrastructure and services sectors located in all geographic regions. It has 10% free carried interest in the Dutwa nickel project in Tanzania. It also has a shareholding of 14.4% in Elephant Copper Ltd a BVI registered company, with interests in copper projects in Zambia.