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Avidian Gold (TSXV:AVG) Receivables Turnover : 0.00 (As of Dec. 2023)


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What is Avidian Gold 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. Avidian Gold's Revenue for the three months ended in Dec. 2023 was C$0.00 Mil. Avidian Gold's average Accounts Receivable for the three months ended in Dec. 2023 was C$0.02 Mil.


Avidian Gold Receivables Turnover Historical Data

The historical data trend for Avidian Gold'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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Avidian Gold Receivables Turnover Chart

Avidian Gold Annual Data
Trend Mar15 Mar16 Mar17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
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Avidian Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Avidian Gold's Receivables Turnover

For the Gold subindustry, Avidian Gold'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.


Avidian Gold's Receivables Turnover Distribution in the Metals & Mining Industry

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

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



Avidian Gold Receivables Turnover Calculation

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

Avidian Gold's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=0 / ((0.046 + 0.013) / 2 )
=0 / 0.0295
=N/A

Avidian Gold's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=0 / ((0.02 + 0.024) / 2 )
=0 / 0.022
=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.


Avidian Gold  (TSXV:AVG) 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.


Avidian Gold Receivables Turnover Related Terms

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Avidian Gold (TSXV:AVG) Business Description

Traded in Other Exchanges
Address
110 Yonge Street, Suite 1601, Toronto, ON, CAN, M5C 1T4
Avidian Gold Corp is a Canada-based mineral exploration company. Principally, it is engaged in the business of acquiring and exploring gold projects. The company holds right to explore several properties comprising of Golden Zone, Labrador West, Amanita and Jungo.
Executives
David Charles Anderson Director

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