MRIRF (Route 109 Resources) Receivables Turnover: 0.00 (As of Feb. 2026)

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What is Route 109 Resources Receivables Turnover?

Route 109 Resources MRIRF Receivables Turnover is 0.00 as of Feb. 2026. The stock has 1 warning sign investors should review. Among 782 Metals & Mining companies, Route 109 Resources ranks worse than 127877.11% on this metric.

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. Route 109 Resources's Revenue for the three months ended in Feb. 2026 was $0.00 Mil. Route 109 Resources's average Accounts Receivable for the three months ended in Feb. 2026 was $0.00 Mil.


Route 109 Resources  (OTCPK:MRIRF) 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.


Route 109 Resources Receivables Turnover Related Terms


Route 109 Resources Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Route 109 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.

Route 109 Resources Receivables Turnover Chart

Route 109 Resources Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Route 109 Resources Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.00 0.00 0.00 0.00 0.00

MRIRF vs NEM, AU: Receivables Turnover Comparison

For the Gold subindustry, Route 109 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.


Route 109 Resources Receivables Turnover vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Route 109 Resources's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Route 109 Resources's Receivables Turnover falls into.



Route 109 Resources Receivables Turnover Calculation

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

Route 109 Resources's Receivables Turnover for the fiscal year that ended in Aug. 2025 is calculated as

Receivables Turnover (A: Aug. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Aug. 2025 ) / ((Accounts Receivable (A: Aug. 2024 ) + Accounts Receivable (A: Aug. 2025 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Route 109 Resources's Receivables Turnover for the quarter that ended in Feb. 2026 is calculated as

Receivables Turnover (Q: Feb. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Feb. 2026 ) / ((Accounts Receivable (Q: Nov. 2025 ) + Accounts Receivable (Q: Feb. 2026 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.00 mean?
Route 109 Resources (MRIRF) has a Receivables Turnover of 0.00 as of Feb. 2026. 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 Route 109 Resources and its competitors. According to the industry distribution chart, Route 109 Resources ranks #999999 out of 782 companies in the Metals & Mining industry.
Is Route 109 Resources' Receivables Turnover too high?
Route 109 Resources' current Receivables Turnover is 0.00. Based on the distribution chart, Route 109 Resources ranks #999999 out of 782 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Route 109 Resources' Receivables Turnover compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Route 109 Resources ranks #999999 out of 782 companies for Receivables Turnover. This places Route 109 Resources in the lower half of its industry. The industry median Receivables Turnover is 9.36. 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 9.36, based on 782 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. 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 Route 109 Resources and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Route 109 Resources's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Route 109 Resources stock overvalued right now?
Route 109 Resources (MRIRF) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. 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 Route 109 Resources (MRIRF), the current Receivables Turnover is 0.00 as of Feb. 2026. 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.

Route 109 Resources Business Description

Other Exchanges 8M0:GermanyRTE:Canada
Address 1185 W. Georgia Street, Suite 1400, Vancouver, BC, CAN, V6E 4E6
Route 109 Resources Inc is a junior Canadian mining exploration company with the primary objective to acquire, explore, and develop viable gold and base metal projects in the mining-friendly jurisdictions of Quebec, Canada. The company operates in one reportable operating segment, being exploration and evaluation of mineral properties in Canada.