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Auriant Mining AB (OSTO:AUR) Receivables Turnover : 6.63 (As of Sep. 2024)


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What is Auriant Mining AB 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. Auriant Mining AB's Revenue for the three months ended in Sep. 2024 was kr106.2 Mil. Auriant Mining AB's average Accounts Receivable for the three months ended in Sep. 2024 was kr16.0 Mil. Hence, Auriant Mining AB's Receivables Turnover for the three months ended in Sep. 2024 was 6.63.


Auriant Mining AB Receivables Turnover Historical Data

The historical data trend for Auriant Mining AB'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.

Auriant Mining AB Receivables Turnover Chart

Auriant Mining AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 246.58 361.09 571.82 1,360.28 589.74

Auriant Mining AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 10.14 20.20 8.37 5.67 6.63

Competitive Comparison of Auriant Mining AB's Receivables Turnover

For the Gold subindustry, Auriant Mining AB'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.


Auriant Mining AB's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Auriant Mining AB's Receivables Turnover falls into.



Auriant Mining AB Receivables Turnover Calculation

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

Auriant Mining AB'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 )
=383.039 / ((0.643 + 0.656) / 2 )
=383.039 / 0.6495
=589.74

Auriant Mining AB's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=106.228 / ((16.821 + 15.231) / 2 )
=106.228 / 16.026
=6.63

* 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.


Auriant Mining AB  (OSTO:AUR) 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.


Auriant Mining AB Receivables Turnover Related Terms

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Auriant Mining AB Business Description

Traded in Other Exchanges
N/A
Address
Box 55696, Stockholm, SWE, 102 15
Auriant Mining AB is a Sweden-based mining company engaged in the exploration and production of gold in different regions of the Russian Federation. Its project portfolio includes Tardan, Kara-Beldyr, Staroverinskaya, and Uzhunzhul. The company derives revenue from the sale of hard rock gold, alluvial gold, and gold equivalents.