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Cliffmont Resources (TSXV:CMO.H) Receivables Turnover : 0.00 (As of Jun. 2024)


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What is Cliffmont Resources 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. Cliffmont Resources's Revenue for the three months ended in Jun. 2024 was C$0.00 Mil. Cliffmont Resources's average Accounts Receivable for the three months ended in Jun. 2024 was C$0.00 Mil.


Cliffmont Resources Receivables Turnover Historical Data

The historical data trend for Cliffmont Resources'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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Cliffmont Resources Receivables Turnover Chart

Cliffmont Resources Annual Data
Trend Sep13 Sep14 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Receivables Turnover
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Cliffmont Resources Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of Cliffmont Resources's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Cliffmont Resources'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.


Cliffmont Resources's Receivables Turnover Distribution in the Metals & Mining Industry

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

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



Cliffmont Resources Receivables Turnover Calculation

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

Cliffmont Resources's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Receivables Turnover (A: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Sep. 2023 ) / ((Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Cliffmont Resources's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 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.


Cliffmont Resources  (TSXV:CMO.H) 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.


Cliffmont Resources Receivables Turnover Related Terms

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Cliffmont Resources Business Description

Traded in Other Exchanges
N/A
Address
750-1095 West Pender Street, Vancouver, BC, CAN, V6E 2M6
Cliffmont Resources Ltd is a Canada-based junior resource company that is engaged in the acquisition and exploration of mineral interest in Colombia.

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