MMTLF (Madison Metals) Receivables Turnover : 0.00 (As of Aug. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Madison Metals 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. Madison Metals's Revenue for the three months ended in Aug. 2024 was $0.00 Mil. Madison Metals's average Accounts Receivable for the three months ended in Aug. 2024 was $0.03 Mil.

Madison Metals Receivables Turnover Historical Data

The historical data trend for Madison Metals'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.

Madison Metals Receivables Turnover Chart

Madison Metals Annual Data

Trend

Nov19

Nov20

Nov21

Nov22

Nov23

Receivables Turnover

Madison Metals Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Receivables Turnover	Get a 7-Day Free Trial														-	-	-	-	-

Competitive Comparison of Madison Metals's Receivables Turnover

For the Uranium subindustry, Madison Metals'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.

Madison Metals's Receivables Turnover Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Madison Metals's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Madison Metals's Receivables Turnover falls into.

Madison Metals Receivables Turnover Calculation

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

Madison Metals's Receivables Turnover for the fiscal year that ended in Nov. 2023 is calculated as

	Receivables Turnover (A: Nov. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Nov. 2023 )	/ (	(Accounts Receivable (A: Nov. 2022 )	+	Accounts Receivable (A: Nov. 2023 ))	/	count )
=	0	/ (	(0	+	0.052)	/	1 )
=	0	/	0.052
=	N/A

Madison Metals's Receivables Turnover for the quarter that ended in Aug. 2024 is calculated as

	Receivables Turnover (Q: Aug. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Aug. 2024 )	/ (	(Accounts Receivable (Q: May. 2024 )	+	Accounts Receivable (Q: Aug. 2024 ))	/	count )
=	0	/ (	(0.032	+	0.027)	/	2 )
=	0	/	0.0295
=	N/A

Madison Metals (OTCPK:MMTLF) 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.

Madison Metals Receivables Turnover Related Terms

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

Madison Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Madison Metals Inc (OTCPK:MMTLF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

4EF0:Germany GREN:Canada

Address

82 Richmond Street East, 4th Floor, Toronto, ON, CAN, M5C 1P1

Website

https://madisonmetals.ca

Madison Metals Inc mineral exploration and development company focusing on clean energy projects. It holds interest in Kenora Uranium Project located around Kenora and Rossing North Project.