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TNR Gold (TNR Gold) Receivables Turnover : 0.00 (As of Dec. 2023)


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


TNR Gold Receivables Turnover Historical Data

The historical data trend for TNR 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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TNR Gold Receivables Turnover Chart

TNR Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
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TNR Gold 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 TNR Gold's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, TNR 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.


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

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

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



TNR Gold Receivables Turnover Calculation

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

TNR Gold'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 / ((0.001 + 0.004) / 2 )
=0 / 0.0025
=N/A

TNR Gold'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 / ((0.004 + 0.004) / 2 )
=0 / 0.004
=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.


TNR Gold  (OTCPK:TRRXF) 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.


TNR Gold Receivables Turnover Related Terms

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TNR Gold (TNR Gold) Business Description

Traded in Other Exchanges
Address
789 Pender Street, Suite 1120, Vancouver, BC, CAN, V6C 1H2
TNR Gold Corp is a mineral exploration company. It is engaged in the acquisition, exploration, and development of mineral properties located in the USA and Canada. The company primarily explores gold and copper deposits. It holds an interest in projects such as the Shotgun gold project, Los Azules Copper property and Mariana Property.

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