Norseman Gold (LSE:NGL) Receivables Turnover : 0.00 (As of Jun. 2014)

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What is Norseman Gold 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. Norseman Gold's Revenue for the six months ended in Jun. 2014 was £12.90 Mil. Norseman Gold's average Accounts Receivable for the six months ended in Jun. 2014 was £0.00 Mil.

Norseman Gold Receivables Turnover Historical Data

The historical data trend for Norseman Gold'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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Norseman Gold Receivables Turnover Chart

Norseman Gold Annual Data

Trend

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Receivables Turnover

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Norseman Gold Semi-Annual Data
	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14
Receivables Turnover	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Norseman Gold's Receivables Turnover

For the Gold subindustry, Norseman Gold'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.

Norseman Gold's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Norseman Gold's Receivables Turnover falls into.

Norseman Gold Receivables Turnover Calculation

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

Norseman Gold's Receivables Turnover for the fiscal year that ended in Jun. 2014 is calculated as

	Receivables Turnover (A: Jun. 2014 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2014 )	/ (	(Accounts Receivable (A: Jun. 2013 )	+	Accounts Receivable (A: Jun. 2014 ))	/	count )
=	12.895	/ (	(0	+	0)	/	1 )
=	12.895	/	0
=	N/A

Norseman Gold's Receivables Turnover for the quarter that ended in Jun. 2014 is calculated as

	Receivables Turnover (Q: Jun. 2014 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2014 )	/ (	(Accounts Receivable (Q: Jun. 2013 )	+	Accounts Receivable (Q: Jun. 2014 ))	/	count )
=	12.895	/ (	(0	+	0)	/	1 )
=	12.895	/	0
=	N/A

Norseman Gold (LSE:NGL) 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.

Norseman Gold Receivables Turnover Related Terms

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Norseman Gold (LSE:NGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Norseman Gold PLC (LSE:NGL) » Definitions » Receivables Turnover

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Address

Website

http://www.norsemangoldplc.com

Norseman Gold PLC is engaged in the production, exploration, evaluation and development of mineral resources. It is involved in the operation of Central Norseman Gold Corporation Ltd (the Norseman Project). The Norseman Project is located adjacent to the Norseman township, approximately 725 kilometres east of Perth, Western Australia. Current operations source ore from the Bullen underground mine and the Harlequin underground mine using underground mining methods of airleg up dip room and pillar stoping and long-hole stoping.