TRX (TRX Gold) Receivables Turnover: 2.70 (As of May. 2026)

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TRX TRX Gold Corp TRX
44 GF Score
Price $0.72
GF Value $1.15
Valuation Possible Value Trap
! 2 Warning Signs
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What is TRX Gold Receivables Turnover?

TRX Gold TRX +4.45% 44 Receivables Turnover is 2.70 as of May. 2026. GuruFocus rates TRX with a GF Score™ of 44/100 and a GF Value™ of $1.15 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 782 Metals & Mining companies, TRX Gold ranks better than 64.45% 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. TRX Gold's Revenue for the three months ended in May. 2026 was $32.8 Mil. TRX Gold's average Accounts Receivable for the three months ended in May. 2026 was $12.2 Mil. Hence, TRX Gold's Receivables Turnover for the three months ended in May. 2026 was 2.70.


TRX Gold  (AMEX:TRX) 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.


TRX Gold Receivables Turnover Related Terms


TRX Gold Receivables Turnover Historical Data

* Premium members only.

The historical data trend for TRX 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.

TRX Gold Receivables Turnover Chart

TRX Gold Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 5.94 13.49 16.15 19.95

TRX Gold Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 4.82 7.22 4.35 4.17 2.70

TRX vs NEM, AU: Receivables Turnover Comparison

For the Gold subindustry, TRX 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.


TRX Gold Receivables Turnover vs Metals & Mining Industry

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

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


TRX
44GF Score
TRX Gold Corp TRX
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TRX Gold Receivables Turnover Calculation

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

TRX Gold's Receivables Turnover for the fiscal year that ended in Aug. 2025 is calculated as

Receivables Turnover (A: Aug. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Aug. 2025 ) / ((Accounts Receivable (A: Aug. 2024 ) + Accounts Receivable (A: Aug. 2025 )) / count )
=57.613 / ((1.958 + 3.818) / 2 )
=57.613 / 2.888
=19.95

TRX Gold's Receivables Turnover for the quarter that ended in May. 2026 is calculated as

Receivables Turnover (Q: May. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: May. 2026 ) / ((Accounts Receivable (Q: Feb. 2026 ) + Accounts Receivable (Q: May. 2026 )) / count )
=32.848 / ((8.588 + 15.737) / 2 )
=32.848 / 12.1625
=2.70

* 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 2.70 mean?
TRX Gold (TRX) has a Receivables Turnover of 2.70 as of May. 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 TRX Gold and its competitors. According to the industry distribution chart, TRX Gold ranks #278 out of 782 companies in the Metals & Mining industry, placing it in the top 35.5%.
Is TRX Gold's Receivables Turnover too high?
TRX Gold's current Receivables Turnover is 2.70. The Metals & Mining industry median Receivables Turnover is 9.36. TRX Gold's value of 2.70 is 71.2% below this industry median. Based on the distribution chart, TRX Gold ranks #278 out of 782 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, TRX Gold has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TRX Gold's Receivables Turnover compare to NEM and AU?
According to the Metals & Mining industry distribution chart, TRX Gold ranks #278 out of 782 companies for Receivables Turnover. This puts TRX Gold in the upper half of its industry. The industry median Receivables Turnover is 9.36. TRX Gold's value of 2.70 is 71.2% below this benchmark. 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 9.36, 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. TRX Gold's current Receivables Turnover of 2.70 is 71.2% below the industry median. 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 TRX Gold and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TRX Gold's current Receivables Turnover is 2.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TRX Gold stock overvalued right now?
Based on GuruFocus' analysis, TRX Gold (TRX) is currently considered Possible Value Trap. The stock's GF Value™ is $1.15, compared to a current price of $0.72 — trading 37% below its estimated fair value. The current Receivables Turnover is 2.70 and 71.2% below the Metals & Mining industry median of 9.36. TRX Gold's overall GF Score™ is 44/100 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 TRX Gold (TRX), the current Receivables Turnover is 2.70 as of May. 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.

Is TRX Gold (TRX) Overvalued in 2026?

Based on GuruFocus' analysis, TRX Gold stock appears to be undervalued. The current stock price of $0.72 is trading 37% below its estimated GF Value™ of $1.15. GuruFocus considers TRX Gold to be Possible Value Trap.

Key valuation signals for TRX:

  • Receivables Turnover: 2.70
  • GF Value™: $1.15 vs. price of $0.72 (37% below fair value)
  • GF Score™: 44/100 with 2 warning signs
  • Industry Position: 71.2% below the Metals & Mining median (#278 of 782)

No single metric tells the full story. See the TRX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TRX Gold Business Description

Other Exchanges TRG0:GermanyTRX:Canada
Address 277 Lakeshore Road East, Suite 403, Oakville, ON, CAN, L6J 6J3
TRX Gold Corp is engaged in the exploration, development, and production of mineral property interests in the United Republic of Tanzania, focused on development and mining operations, and on exploring and evaluating its mineral properties. The business of exploring and mining for minerals involves a high degree of risk, and the underlying value of the mineral properties depends on the existence and economic recovery of mineral resources and reserves, as well as the ability to raise long-term financing to continue development. The company is focused on the Buckreef Gold Project, which comprises five prospects: Buckreef, Bingwa, Tembo, Eastern Porphyry, and Buziba, and includes three main mineralized zones: Buckreef South, Buckreef Main, and Buckreef North.
44GF Score

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

$0.72
Price
$1.15
GF Value