Borealis Mining Co (TSXV:BOGO) Receivables Turnover: 5.03 (As of Apr. 2026)

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TSXV:BOGO Borealis Mining Co Ltd TSXV:BOGO
15 GF Score
Price C$0.84
! 4 Warning Signs
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What is Borealis Mining Co Receivables Turnover?

Borealis Mining Co TSXV:BOGO -2.30% 15 Receivables Turnover is 5.03 as of Apr. 2026. GuruFocus rates TSXV:BOGO with a GF Score™ of 15/100. The stock has 4 warning signs investors should review. Among 781 Metals & Mining companies, Borealis Mining Co ranks better than 63% on this metric.

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. Borealis Mining Co's Revenue for the three months ended in Apr. 2026 was C$8.33 Mil. Borealis Mining Co's average Accounts Receivable for the three months ended in Apr. 2026 was C$1.66 Mil. Hence, Borealis Mining Co's Receivables Turnover for the three months ended in Apr. 2026 was 5.03.


Borealis Mining Co  (TSXV:BOGO) 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.


Borealis Mining Co Receivables Turnover Related Terms


Borealis Mining Co Receivables Turnover Historical Data

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The historical data trend for Borealis Mining Co'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.

Borealis Mining Co Receivables Turnover Chart

Borealis Mining Co Annual Data
Trend Jul23 Jul24 Jul25
Receivables Turnover
0.00 7.72 14.79

Borealis Mining Co Quarterly Data
Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.16 3.34 4.02 3.19 5.03

Borealis Mining Co Receivables Turnover Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Borealis Mining Co'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.


Borealis Mining Co Receivables Turnover vs Metals & Mining Industry

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

* The bar in red indicates where Borealis Mining Co's Receivables Turnover falls into.


TSXV:BOGO
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Borealis Mining Co Ltd TSXV:BOGO
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Borealis Mining Co Receivables Turnover Calculation

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

Borealis Mining Co's Receivables Turnover for the fiscal year that ended in Jul. 2025 is calculated as

Receivables Turnover (A: Jul. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jul. 2025 ) / ((Accounts Receivable (A: Jul. 2024 ) + Accounts Receivable (A: Jul. 2025 )) / count )
=5.178 / ((0.177 + 0.523) / 2 )
=5.178 / 0.35
=14.79

Borealis Mining Co's Receivables Turnover for the quarter that ended in Apr. 2026 is calculated as

Receivables Turnover (Q: Apr. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Apr. 2026 ) / ((Accounts Receivable (Q: Jan. 2026 ) + Accounts Receivable (Q: Apr. 2026 )) / count )
=8.329 / ((0.672 + 2.638) / 2 )
=8.329 / 1.655
=5.03

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 5.03 mean?
Borealis Mining Co (TSXV:BOGO) has a Receivables Turnover of 5.03 as of Apr. 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 Borealis Mining Co and its competitors. According to the industry distribution chart, Borealis Mining Co ranks #289 out of 781 companies in the Metals & Mining industry, placing it in the top 37%.
Is Borealis Mining Co's Receivables Turnover too high?
Borealis Mining Co's current Receivables Turnover is 5.03. The Metals & Mining industry median Receivables Turnover is 9.47. Borealis Mining Co's value of 5.03 is 46.9% below this industry median. Based on the distribution chart, Borealis Mining Co ranks #289 out of 781 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Borealis Mining Co has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Borealis Mining Co's Receivables Turnover compare to competitors?
According to the Metals & Mining industry distribution chart, Borealis Mining Co ranks #289 out of 781 companies for Receivables Turnover. This puts Borealis Mining Co in the upper half of its industry. The industry median Receivables Turnover is 9.47. Borealis Mining Co's value of 5.03 is 46.9% below 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 9.47, based on 781 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. Borealis Mining Co's current Receivables Turnover of 5.03 is 46.9% below 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 Borealis Mining Co and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Borealis Mining Co's current Receivables Turnover is 5.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borealis Mining Co stock overvalued right now?
Borealis Mining Co (TSXV:BOGO) has a current Receivables Turnover of 5.03. The current Receivables Turnover is 5.03 and 46.9% below the Metals & Mining industry median of 9.47. Borealis Mining Co's overall GF Score™ is 15/100 with 4 warning signs to review. 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 Borealis Mining Co (TSXV:BOGO), the current Receivables Turnover is 5.03 as of Apr. 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.

Borealis Mining Co Business Description

Other Exchanges L4B0:Germany
Address 410 West Georgia Street, 5th Floor, Vancouver, BC, CAN, V6B 1Z3
Borealis Mining Co Ltd is an exploration and development stage mining company engaged in the business of acquiring and exploring mineral properties. The company's principal project is the Borealis Project which is a fully permitted silver-gold mine, absorption, desorption, and refining plant, located near Hawthorne, Nevada. The Gold Bull Resources includes two projects: Sandman project Sandman Resources Inc and Big Balds project by GRU Resources Corp.
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