Allied Gold (TSX:AAUC) Receivables Turnover : 0.00 (As of Mar. 2024)

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What is Allied 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. Allied Gold's Revenue for the three months ended in Mar. 2024 was C$237.0 Mil. Allied Gold's average Accounts Receivable for the three months ended in Mar. 2024 was C$0.0 Mil.

Allied Gold Receivables Turnover Historical Data

The historical data trend for Allied 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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Allied Gold Receivables Turnover Chart

Allied Gold Annual Data

Trend

Dec22

Dec23

Receivables Turnover

Allied Gold Quarterly Data
	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial			-	-	4.21	4.25	-

Competitive Comparison of Allied Gold's Receivables Turnover

For the Gold subindustry, Allied 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.

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

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

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

Allied Gold Receivables Turnover Calculation

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

Allied 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 )
=	879.675	/ (	(0	+	0)	/	1 )
=	879.675	/	0
=	N/A

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

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	236.971	/ (	(0	+	0)	/	1 )
=	236.971	/	0
=	N/A

Allied Gold (TSX:AAUC) 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.

Allied Gold Receivables Turnover Related Terms

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Allied Gold (TSX:AAUC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Allied Gold Corp (TSX:AAUC) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

AAUCF:USA

Address

40 Temperance Street, Suite 3200, Bay Adelaide Centre - North Tower, Pacific Centre, Toronto, ON, CAN, M5H 0B4

Website

Allied Gold Corp is a company focused on gold mining asset transformation in Africa. Allied has three mines and several development and exploration projects in Africa where it has significant operating experience. Operations are located in Cote d'Ivoire, Mali, Ethiopia and Egypt. The company aspires to become a mid-tier next-generation gold producer in Africa.

Executives

Gerardo Fernandez-tobar

Senior Officer

Allied Gold (TSX:AAUC) Headlines

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