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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. Fortuna Mining's Revenue for the
three
months ended in Mar. 2026 was C$470 Mil. Fortuna Mining's average Accounts Receivable for the
three
months ended in Mar. 2026 was C$26 Mil.
Hence, Fortuna Mining's Receivables Turnover for the
three
months ended in Mar. 2026 was 18.03.
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.
Fortuna Mining Receivables Turnover Related Terms
Fortuna Mining Receivables Turnover Historical Data
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The historical data trend for Fortuna Mining'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.
TSX:FVI vs NEM, AU: Receivables Turnover Comparison
For the Gold subindustry, Fortuna Mining'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.
Fortuna Mining Receivables Turnover vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fortuna Mining's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Fortuna Mining'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.
Fortuna Mining (TSX:FVI) has a Receivables Turnover of 18.03 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 Fortuna Mining and its competitors. According to the industry distribution chart, Fortuna Mining ranks #104 out of 780 companies in the Metals & Mining industry, placing it in the top 13.3%.
Is Fortuna Mining's Receivables Turnover too high?
Fortuna Mining's current Receivables Turnover is 18.03. The Metals & Mining industry median Receivables Turnover is 9.40. Fortuna Mining's value of 18.03 is 91.8% above this industry median. Based on the distribution chart, Fortuna Mining ranks #104 out of 780 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Fortuna Mining has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortuna Mining's Receivables Turnover compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Fortuna Mining ranks #104 out of 780 companies for Receivables Turnover. This places Fortuna Mining in the top 13% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 9.40. Fortuna Mining's value of 18.03 is 91.8% above 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 9.40, based on 780 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. Fortuna Mining's current Receivables Turnover of 18.03 is 91.8% above 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 Fortuna Mining and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortuna Mining's current Receivables Turnover is 18.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortuna Mining stock overvalued right now?
Based on GuruFocus' analysis, Fortuna Mining (TSX:FVI) is currently considered Modestly Overvalued. The stock's GF Value™ is C$9.38, compared to a current price of C$11.44 — trading 22% above its estimated fair value. The current Receivables Turnover is 18.03 and 91.8% above the Metals & Mining industry median of 9.40. Fortuna Mining's overall GF Score™ is 95/100. 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 Fortuna Mining (TSX:FVI), the current Receivables Turnover is 18.03 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 Fortuna Mining (TSX:FVI) Overvalued in 2026?
Based on GuruFocus' analysis, Fortuna Mining stock appears to be overvalued.
The current stock price of C$11.44 is trading 22% above its estimated GF Value™ of C$9.38.
GuruFocus considers Fortuna Mining to be Modestly Overvalued.
Key valuation signals for TSX:FVI:
Receivables Turnover: 18.03
GF Value™: C$9.38 vs. price of C$11.44 (22% above fair value)
Industry Position: 91.8% above the Metals & Mining median (#104 of 780)
No single metric tells the full story. See the TSX:FVI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fortuna Mining Corp is a Canadian-based precious metals mining company with mines in the Latin America and West Africa regions producing gold and silver. It operate mines in Argentina, Burkina Faso, Cote d'voire, Mexico, and Peru. The company's segment consists of Mansfield, Sango, Bateas, Corporate. The company generates the majority of its revenue from Sango segment which operates the Seguela gold mine. Geographically, the company generates the majority of its revenue from Cote d' Ivoire location.
95GF Score
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