SUMMF (Summit Royalties) Receivables Turnover: 0.00 (As of Jun. 2026)

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SUMMF Summit Royalties Ltd SUMMF
19 GF Score
Price $1.05
! 2 Warning Signs
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What is Summit Royalties Receivables Turnover?

Summit Royalties SUMMF -3.67% 19 Receivables Turnover is 0.00 as of Jun. 2026. GuruFocus rates SUMMF with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 782 Metals & Mining companies, Summit Royalties ranks better than 70.84% on this metric.

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. Summit Royalties's Revenue for the three months ended in Jun. 2026 was $-0.96 Mil. Summit Royalties's average Accounts Receivable for the three months ended in Jun. 2026 was $0.74 Mil.


Summit Royalties  (OTCPK:SUMMF) 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.


Summit Royalties Receivables Turnover Related Terms


Summit Royalties Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Summit Royalties'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.

Summit Royalties Receivables Turnover Chart

Summit Royalties Annual Data
Trend Dec24 Dec25
Receivables Turnover
0.00 18.07

Summit Royalties Quarterly Data
Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Receivables Turnover Get a 7-Day Free Trial 0.00 2.59 25.35 6.74 0.00

SUMMF vs HL: Receivables Turnover Comparison

For the Other Precious Metals & Mining subindustry, Summit Royalties'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.


Summit Royalties Receivables Turnover vs Metals & Mining Industry

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

* The bar in red indicates where Summit Royalties's Receivables Turnover falls into.


SUMMF
19GF Score
Summit Royalties Ltd SUMMF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Summit Royalties Receivables Turnover Calculation

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

Summit Royalties's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=8.26 / ((0 + 0.457) / 1 )
=8.26 / 0.457
=18.07

Summit Royalties's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=-0.957 / ((0.605 + 0.869) / 2 )
=-0.957 / 0.737
=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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.00 mean?
Summit Royalties (SUMMF) has a Receivables Turnover of 0.00 as of Jun. 2026. The accounts 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. View historical data on Summit Royalties and its competitors. According to the industry distribution chart, Summit Royalties ranks #228 out of 782 companies in the Metals & Mining industry, placing it in the top 29.2%.
Is Summit Royalties' Receivables Turnover too high?
Summit Royalties' current Receivables Turnover is 0.00. Based on the distribution chart, Summit Royalties ranks #228 out of 782 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Summit Royalties has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Summit Royalties' Receivables Turnover compare to HL?
According to the Metals & Mining industry distribution chart, Summit Royalties ranks #228 out of 782 companies for Receivables Turnover. This puts Summit Royalties in the upper half of its industry. The industry median Receivables Turnover is 9.83. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Metals & Mining company?
The median Receivables Turnover among Metals & Mining companies is 9.83, based on 782 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Summit Royalties and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Summit Royalties's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Summit Royalties stock overvalued right now?
Summit Royalties (SUMMF) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. Summit Royalties' overall GF Score™ is 19/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Summit Royalties (SUMMF), the current Receivables Turnover is 0.00 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Summit Royalties Business Description

Other Exchanges SUM:Canada
Address 100 King Street West, Suite 3400, One First Canadian Place, Toronto, ON, CAN, M5X 1A4
Summit Royalties Ltd is a precious metals royalty and streaming company. Its current portfolio is anchored by cash-flowing production, with additional royalties on development- and exploration-stage properties. The group intends to become the next mid-tier royalty and streaming company by executing actionable, accretive acquisitions that increase production and drive cash flow growth. The company manages its business under a single operating segment, which is the ownership and acquisition of precious metal royalty and mineral streaming interests. Geographically, the company operates in Africa; Canada, which derives maximum revenue; Columbia; and Brazil.
19GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.05
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