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MEXGF (Mexican Gold Mining) Receivables Turnover : 0.00 (As of Dec. 2024)


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What is Mexican Gold Mining 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. Mexican Gold Mining's Revenue for the three months ended in Dec. 2024 was $0.00 Mil. Mexican Gold Mining's average Accounts Receivable for the three months ended in Dec. 2024 was $0.00 Mil.


Mexican Gold Mining Receivables Turnover Historical Data

The historical data trend for Mexican Gold 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.

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Mexican Gold Mining Receivables Turnover Chart

Mexican Gold Mining Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Receivables Turnover
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Mexican Gold Mining Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of Mexican Gold Mining's Receivables Turnover

For the Other Precious Metals & Mining subindustry, Mexican Gold 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.


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

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

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


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Mexican Gold Mining Receivables Turnover Calculation

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

Mexican Gold Mining's Receivables Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Receivables Turnover (A: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2024 ) / ((Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Jun. 2024 )) / count )
=0 / ((0.022 + 0.001) / 2 )
=0 / 0.0115
=N/A

Mexican Gold Mining's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=0 / ((0.001 + 0.001) / 2 )
=0 / 0.001
=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.


Mexican Gold Mining  (OTCPK:MEXGF) 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.


Mexican Gold Mining Receivables Turnover Related Terms

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Mexican Gold Mining Business Description

Traded in Other Exchanges
Address
555 Burrard Street, P.O. Box 272, Vancouver, BC, CAN, V7X 1M8
Mexican Gold Mining Corp is a Canada-based mineral exploration company. Principally, it is engaged in the business of exploration of mineral properties in Canada and Mexico. The company holds an interest in Las Minas project. It earns majority of its profit from Canada.

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