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BlueRock Diamonds (LSE:BRD) Receivables Turnover : 815.80 (As of Jun. 2022)


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What is BlueRock Diamonds 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. BlueRock Diamonds's Revenue for the six months ended in Jun. 2022 was £4.08 Mil. BlueRock Diamonds's average Accounts Receivable for the six months ended in Jun. 2022 was £0.01 Mil. Hence, BlueRock Diamonds's Receivables Turnover for the six months ended in Jun. 2022 was 815.80.

BlueRock Diamonds Receivables Turnover Historical Data

The historical data trend for BlueRock Diamonds'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.

* Premium members only.

BlueRock Diamonds Receivables Turnover Chart

BlueRock Diamonds Annual Data
Trend Mar13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only - - - - 1,569.40

BlueRock Diamonds Semi-Annual Data
Mar13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 - - 4.06 14.39 815.80

Competitive Comparison of BlueRock Diamonds's Receivables Turnover

For the Other Precious Metals & Mining subindustry, BlueRock Diamonds'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.

BlueRock Diamonds's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where BlueRock Diamonds's Receivables Turnover falls into.


BlueRock Diamonds Receivables Turnover Calculation

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

BlueRock Diamonds's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=7.847 / ((0 + 0.005) / 1 )
=7.847 / 0.005
=1,569.40

BlueRock Diamonds's Receivables Turnover for the quarter that ended in Jun. 2022 is calculated as

Receivables Turnover (Q: Jun. 2022 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2022 ) / ((Accounts Receivable (Q: Dec. 2021 ) + Accounts Receivable (Q: Jun. 2022 )) / count )
=4.079 / ((0.005 + 0.005) / 2 )
=4.079 / 0.005
=815.80

* 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.

BlueRock Diamonds  (LSE:BRD) 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.

BlueRock Diamonds Receivables Turnover Related Terms

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BlueRock Diamonds (LSE:BRD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » BlueRock Diamonds PLC (LSE:BRD) » Definitions » Receivables Turnover
Comparable Companies
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Traded in Other Exchanges
N/A
Address
George Street, 4th Floor, Reading Bridge House, Berkshire, Reading, GBR, RG1 8LS
Website
https://www.bluerockdiamonds.co.uk
BlueRock Diamonds PLC is engaged in diamond mining in the Kimberley region of South Africa. The company has a mining right and operates in the Kareevlei Tenements. Its Kareevlei Project has over 3000 hectares in the Northern Cape province of South Africa, which is approximately 100 kilometers North West of Kimberley. The company's revenue comprises the sale of rough diamonds.