Damara Gold (TSXV:DMR) Receivables Turnover : 0.00 (As of Jan. 2024)

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What is Damara 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. Damara Gold's Revenue for the three months ended in Jan. 2024 was C$0.00 Mil. Damara Gold's average Accounts Receivable for the three months ended in Jan. 2024 was C$0.00 Mil.

Damara Gold Receivables Turnover Historical Data

The historical data trend for Damara 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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Damara Gold Receivables Turnover Chart

Damara Gold Annual Data

Trend

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Receivables Turnover

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Damara Gold Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
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Competitive Comparison of Damara Gold's Receivables Turnover

For the Gold subindustry, Damara 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.

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

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

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

Damara Gold Receivables Turnover Calculation

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

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

	Receivables Turnover (A: Jul. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jul. 2023 )	/ (	(Accounts Receivable (A: Jul. 2022 )	+	Accounts Receivable (A: Jul. 2023 ))	/	count )
=	0	/ (	(0.055	+	0.002)	/	2 )
=	0	/	0.0285
=	N/A

Damara Gold's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

	Receivables Turnover (Q: Jan. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jan. 2024 )	/ (	(Accounts Receivable (Q: Oct. 2023 )	+	Accounts Receivable (Q: Jan. 2024 ))	/	count )
=	0	/ (	(0.003	+	0.006)	/	2 )
=	0	/	0.0045
=	N/A

Damara Gold (TSXV:DMR) 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.

Damara Gold Receivables Turnover Related Terms

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Damara Gold (TSXV:DMR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Damara Gold Corp (TSXV:DMR) » Definitions » Receivables Turnover

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SLMZF:USA

Address

1632 Dickson Avenue, Suite 335, Landmark 3, Kelowna, BC, CAN, V1Y 7T2

Website

https://www.damaragoldcorp.com

Damara Gold Corp is a Canada-based exploration-stage company. The business activity of the group includes the exploration and development of mineral property in Namibia. It mainly explores for gold minerals. The company holds an interest in the Princeton Property that comprises approximately 22 mineral claims covering approximately 8,955 hectares located approximately 35km south of Princeton, British Columbia. The company also has two Properties which are Palcer Mountain Property and Vanlab Property.

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