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Altiplano Metals (TSXV:APN) Receivables Turnover : 15.02 (As of Sep. 2024)


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What is Altiplano Metals 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. Altiplano Metals's Revenue for the three months ended in Sep. 2024 was C$0.86 Mil. Altiplano Metals's average Accounts Receivable for the three months ended in Sep. 2024 was C$0.06 Mil. Hence, Altiplano Metals's Receivables Turnover for the three months ended in Sep. 2024 was 15.02.


Altiplano Metals Receivables Turnover Historical Data

The historical data trend for Altiplano Metals'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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Altiplano Metals Receivables Turnover Chart

Altiplano Metals Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Altiplano Metals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Jun24 Sep24
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 - 4.66 3.49 7.22 15.02

Competitive Comparison of Altiplano Metals's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Altiplano Metals'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.


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

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

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



Altiplano Metals Receivables Turnover Calculation

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

Altiplano Metals's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=0 / ((0.115 + 0.306) / 2 )
=0 / 0.2105
=N/A

Altiplano Metals's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=0.856 / ((0.028 + 0.086) / 2 )
=0.856 / 0.057
=15.02

* 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.


Altiplano Metals  (TSXV:APN) 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.


Altiplano Metals Receivables Turnover Related Terms

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Altiplano Metals Business Description

Traded in Other Exchanges
Address
10545 - 45 Avenue NW, 250 Southridge NW, Suite 300, Edmonton, AB, CAN, T6H 4M9
Altiplano Metals Inc is a Canadian mineral development company focused on acquiring projects with the potential for advancement from discovery through to production. The company has a diversified portfolio of assets that include an operating copper/gold/iron mine, development of near-term producing gold/copper projects, and exploration land packages with district-scale potential. Some of the projects include the Santa Beatriz Project, Maria Luisa Property, Farellon Property, and Pastillas Gold Project.
Executives
John Williamson 10% Security Holder, Director
James Donald Farley Director
William Alastair Mcintyre Senior Officer
Jeremy Yaseniuk Director
Justin Bourassa Senior Officer
Comet Exploration Pty Ltd. 10% Security Holder
Sean Richard William Mager 10% Security Holder, Director

Altiplano Metals Headlines

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