Frontier Mining (LSE:FML) Receivables Turnover: 15.62 (As of Sep. 2014)


What is Frontier Mining Receivables Turnover?

Frontier Mining LSE:FML -16.67% Receivables Turnover is 15.62 as of Sep. 2014. The stock has 3 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. Frontier Mining's Revenue for the three months ended in Sep. 2014 was £2.62 Mil. Frontier Mining's average Accounts Receivable for the three months ended in Sep. 2014 was £0.17 Mil. Hence, Frontier Mining's Receivables Turnover for the three months ended in Sep. 2014 was 15.62.


Frontier Mining  (LSE:FML) 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.


Frontier Mining Receivables Turnover Related Terms


Frontier Mining Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Frontier Mining'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.

Frontier Mining Receivables Turnover Chart

Frontier Mining Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 0.00 22.52 22.55 48.19 37.69

Frontier Mining Quarterly Data
Dec09 Jun10 Dec10 Jun11 Dec11 Dec12 Jun13 Sep13 Dec13 Jun14 Sep14
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 4.30 8.30 1.73 15.62

Frontier Mining Receivables Turnover Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Frontier Mining'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.


Frontier Mining Receivables Turnover vs Metals & Mining Industry

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

* The bar in red indicates where Frontier Mining's Receivables Turnover falls into.



Frontier Mining Receivables Turnover Calculation

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

Frontier Mining'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 )
=6.351 / ((0.114 + 0.223) / 2 )
=6.351 / 0.1685
=37.69

Frontier Mining's Receivables Turnover for the quarter that ended in Sep. 2014 is calculated as

Receivables Turnover (Q: Sep. 2014 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2014 ) / ((Accounts Receivable (Q: Jun. 2014 ) + Accounts Receivable (Q: Sep. 2014 )) / count )
=2.617 / ((0.074 + 0.261) / 2 )
=2.617 / 0.1675
=15.62

* 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 15.62 mean?
Frontier Mining (LSE:FML) has a Receivables Turnover of 15.62 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 Frontier Mining and its competitors.
Is Frontier Mining's Receivables Turnover too high?
Frontier Mining's current Receivables Turnover is 15.62. The Metals & Mining industry median Receivables Turnover is 9.37. Frontier Mining's value of 15.62 is 66.7% above this industry median.
How does Frontier Mining's Receivables Turnover compare to competitors?
Frontier Mining's Receivables Turnover of 15.62 can be compared against companies in the Metals & Mining industry. The industry median Receivables Turnover is 9.37. Frontier Mining's value of 15.62 is 66.7% above 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 9.37, based on 781 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. Frontier Mining's current Receivables Turnover of 15.62 is 66.7% above 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 Frontier Mining and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frontier Mining's current Receivables Turnover is 15.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontier Mining stock overvalued right now?
Frontier Mining (LSE:FML) has a current Receivables Turnover of 15.62. The current Receivables Turnover is 15.62 and 66.7% above the Metals & Mining industry median of 9.37. 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 Frontier Mining (LSE:FML), the current Receivables Turnover is 15.62 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.

Frontier Mining Business Description

Frontier Mining Ltd was incorporated under the law of the state of Delaware on 5 August 1998. It is engaged in mineral exploration and development. It explores and develops gold and copper deposits in the Republic of Kazakhstan. Its activities currently relate to two licenses: the wholly owned Naimanjal contract license area and the 50% owned Benkala joint venture license.