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Canterra Minerals (Canterra Minerals) Receivables Turnover : 0.00 (As of Dec. 2023)


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What is Canterra Minerals 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. Canterra Minerals's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Canterra Minerals's average Accounts Receivable for the three months ended in Dec. 2023 was $0.02 Mil.


Canterra Minerals Receivables Turnover Historical Data

The historical data trend for Canterra Minerals'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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Canterra Minerals Receivables Turnover Chart

Canterra Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
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Canterra Minerals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Canterra Minerals's Receivables Turnover

For the Other Precious Metals & Mining subindustry, Canterra Minerals'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.


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

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

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



Canterra Minerals Receivables Turnover Calculation

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

Canterra Minerals'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 / ((0.024 + 0.014) / 2 )
=0 / 0.019
=N/A

Canterra Minerals's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=0 / ((0.024 + 0.014) / 2 )
=0 / 0.019
=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.


Canterra Minerals  (OTCPK:CTMCF) 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.


Canterra Minerals Receivables Turnover Related Terms

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Canterra Minerals (Canterra Minerals) Business Description

Traded in Other Exchanges
Address
625 Howe Street, Suite 580, Vancouver, BC, CAN, V6C 2T6
Canterra Minerals Corp is an exploration-stage company. It is engaged in the acquisition, exploration, and evaluation of mineral properties. The group primarily specializes in diamond exploration within the Northwest Territories. It holds an interest in projects and properties such as Wilding Lake Project, Marlin and Rex in the Northwest Territories, and Buffalo Hills in Alberta. It has one reportable operating segment, being the acquisition, exploration, and evaluation of mineral properties in Canada.

Canterra Minerals (Canterra Minerals) Headlines

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