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Omineca Mining and Metals (Omineca Mining and Metals) Receivables Turnover : 0.00 (As of Mar. 2024)


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What is Omineca Mining and 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. Omineca Mining and Metals's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Omineca Mining and Metals's average Accounts Receivable for the three months ended in Mar. 2024 was $0.09 Mil.


Omineca Mining and Metals Receivables Turnover Historical Data

The historical data trend for Omineca Mining and 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.

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Omineca Mining and Metals Receivables Turnover Chart

Omineca Mining and Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
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Omineca Mining and Metals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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Competitive Comparison of Omineca Mining and Metals's Receivables Turnover

For the Gold subindustry, Omineca Mining and 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.


Omineca Mining and Metals's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Omineca Mining and Metals's Receivables Turnover falls into.



Omineca Mining and Metals Receivables Turnover Calculation

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

Omineca Mining and Metals'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 )
=0 / ((0.233 + 0.078) / 2 )
=0 / 0.1555
=N/A

Omineca Mining and Metals'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 / ((0.078 + 0.095) / 2 )
=0 / 0.0865
=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.


Omineca Mining and Metals  (OTCPK:OMMSF) 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.


Omineca Mining and Metals Receivables Turnover Related Terms

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Omineca Mining and Metals (Omineca Mining and Metals) Business Description

Traded in Other Exchanges
Address
224-4th Avenue South, Suite 602, Saskatoon, SK, CAN, S7K 5M5
Omineca Mining and Metals Ltd is a junior gold company. Principally, it is engaged in the acquisition, exploration, and development of mineral properties. Its exploration and evaluation properties are classified into two geographical locations, namely British Columbia and the Yukon. The company's properties include the Fraser Canyon, Mouse Mountain, Wingdam and others.

Omineca Mining and Metals (Omineca Mining and Metals) Headlines