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. Altius Minerals's Revenue for the
three
months ended in Mar. 2026 was C$22.17 Mil. Altius Minerals's average Accounts Receivable for the
three
months ended in Mar. 2026 was C$7.88 Mil.
Hence, Altius Minerals's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.81.
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.
Altius Minerals Receivables Turnover Related Terms
Altius Minerals Receivables Turnover Historical Data
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The historical data trend for Altius Minerals'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.
For the Other Industrial Metals & Mining subindustry, Altius Minerals'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.
Altius Minerals Receivables Turnover vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Altius Minerals's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Altius Minerals's Receivables Turnover falls into.
* 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.
Altius Minerals (TSX:ALS) has a Receivables Turnover of 2.81 as of Mar. 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 Altius Minerals and its competitors. According to the industry distribution chart, Altius Minerals ranks #372 out of 779 companies in the Metals & Mining industry, placing it in the top 47.8%.
Is Altius Minerals' Receivables Turnover too high?
Altius Minerals' current Receivables Turnover is 2.81. The Metals & Mining industry median Receivables Turnover is 9.37. Altius Minerals' value of 2.81 is 70% below this industry median. Based on the distribution chart, Altius Minerals ranks #372 out of 779 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Altius Minerals has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altius Minerals' Receivables Turnover compare to competitors?
According to the Metals & Mining industry distribution chart, Altius Minerals ranks #372 out of 779 companies for Receivables Turnover. This puts Altius Minerals in the upper half of its industry. The industry median Receivables Turnover is 9.37. Altius Minerals' value of 2.81 is 70% 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 9.37, based on 779 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. Altius Minerals's current Receivables Turnover of 2.81 is 70% 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 Altius Minerals and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altius Minerals's current Receivables Turnover is 2.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altius Minerals stock overvalued right now?
Based on GuruFocus' analysis, Altius Minerals (TSX:ALS) is currently considered Significantly Overvalued. The stock's GF Value™ is C$31.32, compared to a current price of C$60.74 — trading 93.9% above its estimated fair value. The current Receivables Turnover is 2.81 and 70% below the Metals & Mining industry median of 9.37. Altius Minerals' overall GF Score™ is 70/100 with 8 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 Altius Minerals (TSX:ALS), the current Receivables Turnover is 2.81 as of Mar. 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 Altius Minerals (TSX:ALS) Overvalued in 2026?
Based on GuruFocus' analysis, Altius Minerals stock appears to be overvalued.
The current stock price of C$60.74 is trading 93.9% above its estimated GF Value™ of C$31.32.
GuruFocus considers Altius Minerals to be Significantly Overvalued.
Key valuation signals for TSX:ALS:
Receivables Turnover: 2.81
GF Value™: C$31.32 vs. price of C$60.74 (93.9% above fair value)
Industry Position: 70% below the Metals & Mining median (#372 of 779)
No single metric tells the full story. See the TSX:ALS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Altius Minerals Corp is engaged in the business of obtaining diversified mining royalty. It holds interests in mining operations that produce metals and minerals such as copper, nickel, cobalt, lithium, potash, and iron ore. The corporation also holds other pre-development stage royalty interests and various earlier-stage royalties. It is engaged in the operating segments of Mineral Royalties, Renewable Royalties, and Project Generation. It generates the majority of its revenue from Mineral Royalties.
70GF Score
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