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Argo Opportunity (TSXV:AROC.P) Receivables Turnover : 0.00 (As of Sep. 2024)


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What is Argo Opportunity 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. Argo Opportunity's Revenue for the three months ended in Sep. 2024 was C$0.00 Mil. Argo Opportunity's average Accounts Receivable for the three months ended in Sep. 2024 was C$0.00 Mil.


Argo Opportunity Receivables Turnover Historical Data

The historical data trend for Argo Opportunity'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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Argo Opportunity Receivables Turnover Chart

Argo Opportunity Annual Data
Trend Dec21 Dec22 Dec23
Receivables Turnover
- - -

Argo Opportunity Quarterly Data
Jul21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Argo Opportunity's Receivables Turnover

For the Shell Companies subindustry, Argo Opportunity'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.


Argo Opportunity's Receivables Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Argo Opportunity's Receivables Turnover distribution charts can be found below:

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



Argo Opportunity Receivables Turnover Calculation

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

Argo Opportunity'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 )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Argo Opportunity'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 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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.


Argo Opportunity  (TSXV:AROC.P) 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.


Argo Opportunity Receivables Turnover Related Terms

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Argo Opportunity Business Description

Traded in Other Exchanges
N/A
Address
Stn Terminal, P.O. Box 3566, Vancouver, BC, CAN, V6B 3Y6
Website
Argo Opportunity Corp is a capital pool company. The Company proposes to identify and evaluate businesses and assets with a view to completing a qualifying transaction. It intends to pursue a qualifying transaction in the field of growth-oriented operating companies.

Argo Opportunity Headlines

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