Mineros (TSX:MSA) Receivables Turnover : 7.84 (As of Dec. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Mineros 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. Mineros's Revenue for the three months ended in Dec. 2024 was C$213.9 Mil. Mineros's average Accounts Receivable for the three months ended in Dec. 2024 was C$27.3 Mil. Hence, Mineros's Receivables Turnover for the three months ended in Dec. 2024 was 7.84.

Mineros Receivables Turnover Historical Data

The historical data trend for Mineros'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.

* Premium members only.

Mineros Receivables Turnover Chart

Mineros Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

21.98

29.04

26.17

33.83

61.29

Mineros Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															9.08	6.95	4.83	4.63	7.84

Competitive Comparison of Mineros's Receivables Turnover

For the Gold subindustry, Mineros'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.

Mineros's Receivables Turnover Distribution in the Metals & Mining Industry

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

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

Save Embed

;

Save Embed

;

Mineros Receivables Turnover Calculation

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

Mineros's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	767.295	/ (	(10.766	+	14.274)	/	2 )
=	767.295	/	12.52
=	61.29

Mineros's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	213.93	/ (	(40.333	+	14.274)	/	2 )
=	213.93	/	27.3035
=	7.84

Mineros (TSX:MSA) 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.

Mineros Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Mineros's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Mineros Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mineros SA (TSX:MSA) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

MNSAF:USA MINEROS:Colombia

Address

Cra 43 A No 14-109, Ed. NovaTempo, Piso 6, Medellin, COL

Website

https://www.mineros.com.co

Mineros SA is a precious metals producer with significant gold production, development, and exploration stage properties in Latin and South America, including Colombia and Nicaragua. Its principal producing mining properties are the Nechi Alluvial mine in Colombia and the Pioneer and Panama mines in Nicaragua. The Group operates in two principal countries, Colombia (Nechi Alluvial) and Nicaragua (HEMCO Nicaragua). The Group also has gold exploration projects including the La Pepa project in Chile included in the Segment Chile (La Pepa). Key revenue is generated from Nicaragua (HEMCO Nicaragua).

Executives

Negocios Y Representaciones S.a.s	10% Security Holder
Juan Esteban Mejia Arango	Director
Alberto Mejia Hernandez	Director
Andres Restrepo Isaza	Senior Officer