GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sunrise Resources PLC (LSE:SRES) » Definitions » Receivables Turnover

Sunrise Resources (LSE:SRES) Receivables Turnover : 0.76 (As of Sep. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Sunrise Resources 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. Sunrise Resources's Revenue for the six months ended in Sep. 2024 was £0.11 Mil. Sunrise Resources's average Accounts Receivable for the six months ended in Sep. 2024 was £0.15 Mil. Hence, Sunrise Resources's Receivables Turnover for the six months ended in Sep. 2024 was 0.76.


Sunrise Resources Receivables Turnover Historical Data

The historical data trend for Sunrise 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.

* Premium members only.

Sunrise Resources Receivables Turnover Chart

Sunrise Resources Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Sunrise Resources Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - - - - 0.76

Competitive Comparison of Sunrise Resources's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Sunrise 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.


Sunrise Resources's Receivables Turnover Distribution in the Metals & Mining Industry

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

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


;
;

Sunrise Resources Receivables Turnover Calculation

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

Sunrise Resources's Receivables Turnover for the fiscal year that ended in Sep. 2024 is calculated as

Receivables Turnover (A: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Sep. 2024 ) / ((Accounts Receivable (A: Sep. 2023 ) + Accounts Receivable (A: Sep. 2024 )) / count )
=0.112 / ((0 + 0) / 1 )
=0.112 / 0
=N/A

Sunrise Resources's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=0.112 / ((0.147 + 0) / 1 )
=0.112 / 0.147
=0.76

* 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.


Sunrise Resources  (LSE:SRES) 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.


Sunrise Resources Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Sunrise Resources's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Sunrise Resources Business Description

Traded in Other Exchanges
Address
Queens Avenue, Silk Point, Macclesfield, Cheshire, GBR, SK10 2BB
Sunrise Resources PLC is engaged in mining operations. The company's objective is to develop profitable mining operations at the CS Pozzolan-Perlite Project in Nevada and unlock the value inherent in the diverse portfolio of industrial minerals, precious metals, and base metal projects. The company's precious metal projects include Hazen Pozzolan Project, NewPerl Project, Reese Ridge Project, Clayton Silver-Gold Project among others.

Sunrise Resources Headlines

No Headlines