Strategic Minerals Europe (NEOE:SNTA) Receivables Turnover : 0.00 (As of Mar. 2024)

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What is Strategic Minerals Europe 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. Strategic Minerals Europe's Revenue for the three months ended in Mar. 2024 was C$0.00 Mil. Strategic Minerals Europe's average Accounts Receivable for the three months ended in Mar. 2024 was C$0.08 Mil.

Strategic Minerals Europe Receivables Turnover Historical Data

The historical data trend for Strategic Minerals Europe'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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Strategic Minerals Europe Receivables Turnover Chart

Strategic Minerals Europe Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

62.73

19.31

29.74

143.77

Strategic Minerals Europe Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial										16.41	12.93	8.70	1.47	-

Competitive Comparison of Strategic Minerals Europe's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Strategic Minerals Europe'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.

Strategic Minerals Europe's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Strategic Minerals Europe's Receivables Turnover falls into.

Strategic Minerals Europe Receivables Turnover Calculation

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

Strategic Minerals Europe's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	17.181	/ (	(0.164	+	0.075)	/	2 )
=	17.181	/	0.1195
=	143.77

Strategic Minerals Europe's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	0	/ (	(0.075	+	0)	/	1 )
=	0	/	0.075
=	N/A

Strategic Minerals Europe (NEOE:SNTA) 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.

Strategic Minerals Europe Receivables Turnover Related Terms

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Strategic Minerals Europe (NEOE:SNTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Strategic Minerals Europe Corp (NEOE:SNTA) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

SNTAF:USA

Address

Calle Nunez de Balboa 116, 3 0, Office 2B, Madrid, ESP, 28006

Website

https://www.strategicminerals.com

Strategic Minerals Europe Corp is engaged in the identification, exploration, and development of mineral resource properties in Spain. It holds permits and licenses related to two Spanish mining projects called the Alberta II project and the Penouta project.

Executives

Serafino Iacono

10% Security Holder

Strategic Minerals Europe (NEOE:SNTA) Headlines

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