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Troy Resources (STU:TRW) Receivables Turnover : 7.57 (As of Dec. 2021)


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What is Troy Resources 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. Troy Resources's Revenue for the six months ended in Dec. 2021 was €37.70 Mil. Troy Resources's average Accounts Receivable for the six months ended in Dec. 2021 was €4.98 Mil. Hence, Troy Resources's Receivables Turnover for the six months ended in Dec. 2021 was 7.57.


Troy Resources Receivables Turnover Historical Data

The historical data trend for Troy Resources'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.

Troy Resources Receivables Turnover Chart

Troy Resources Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.57 27.04 539.22 575.08 9,446.75

Troy Resources Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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 26.31 31.51 13.20 8.07 7.57

Competitive Comparison of Troy Resources's Receivables Turnover

For the Gold subindustry, Troy Resources'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.


Troy Resources's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Troy Resources's Receivables Turnover falls into.



Troy Resources Receivables Turnover Calculation

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

Troy Resources's Receivables Turnover for the fiscal year that ended in Jun. 2021 is calculated as

Receivables Turnover (A: Jun. 2021 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2021 ) / ((Accounts Receivable (A: Jun. 2020 ) + Accounts Receivable (A: Jun. 2021 )) / count )
=37.787 / ((0.004 + 0) / 1 )
=37.787 / 0.004
=9,446.75

Troy Resources's Receivables Turnover for the quarter that ended in Dec. 2021 is calculated as

Receivables Turnover (Q: Dec. 2021 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2021 ) / ((Accounts Receivable (Q: Jun. 2021 ) + Accounts Receivable (Q: Dec. 2021 )) / count )
=37.697 / ((0 + 4.983) / 1 )
=37.697 / 4.983
=7.57

* 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.


Troy Resources  (STU:TRW) 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.


Troy Resources Receivables Turnover Related Terms

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Troy Resources (STU:TRW) Business Description

Traded in Other Exchanges
N/A
Address
5 Ord Street, Level 2, West Perth, Perth, WA, AUS, 6005
Troy Resources Ltd is a Canada based junior mineral exploration company. It focuses on the exploration of gold, silver, nickel and other minerals. Its primary mining project is the Karouni which is located in Guyana.

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