SNWGF (Snowline Gold) Receivables Turnover : 0.00 (As of Dec. 2024)

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What is Snowline Gold 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. Snowline Gold's Revenue for the three months ended in Dec. 2024 was $0.00 Mil. Snowline Gold's average Accounts Receivable for the three months ended in Dec. 2024 was $0.98 Mil.

Snowline Gold Receivables Turnover Historical Data

The historical data trend for Snowline Gold'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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Snowline Gold Receivables Turnover Chart

Snowline Gold Annual Data

Trend

Aug18

Aug19

Aug20

Aug21

Dec22

Dec23

Dec24

Receivables Turnover

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1.24

Snowline Gold Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
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Competitive Comparison of Snowline Gold's Receivables Turnover

For the Gold subindustry, Snowline Gold'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.

Snowline Gold's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Snowline Gold's Receivables Turnover falls into.

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Snowline Gold Receivables Turnover Calculation

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

Snowline Gold's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	0	/ (	(0.068	+	0.96)	/	2 )
=	0	/	0.514
=	N/A

Snowline Gold's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	0	/ (	(1.002	+	0.96)	/	2 )
=	0	/	0.981
=	N/A

Snowline Gold (OTCPK:SNWGF) 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.

Snowline Gold Receivables Turnover Related Terms

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Snowline Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Snowline Gold Corp (OTCPK:SNWGF) » Definitions » Receivables Turnover

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SGD:Canada

Address

No.1012 - 1030 West Georgia Street, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.snowlinegold.com

Snowline Gold Corp is a gold exploration company. The company is exploring its Einarson and Rogue gold projects in Selwyn Basin. All projects of the company lie in the prolific Tintina gold province that hosts gold mines and deposits from Kinross' Fort Knox to Goldcorp's Coffee. The Company operates in a single reportable operating segment, being the exploration and development of mineral properties.