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Cartier Resources (TSXV:ECR) Receivables Turnover : 0.00 (As of Mar. 2024)


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What is Cartier 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. Cartier Resources's Revenue for the three months ended in Mar. 2024 was C$0.00 Mil. Cartier Resources's average Accounts Receivable for the three months ended in Mar. 2024 was C$0.38 Mil.


Cartier Resources Receivables Turnover Historical Data

The historical data trend for Cartier 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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Cartier Resources Receivables Turnover Chart

Cartier Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
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Cartier Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Cartier Resources's Receivables Turnover

For the Gold subindustry, Cartier 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.


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

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

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



Cartier Resources Receivables Turnover Calculation

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

Cartier Resources'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 / ((0.039 + 0.258) / 2 )
=0 / 0.1485
=N/A

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

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=0 / ((0.258 + 0.498) / 2 )
=0 / 0.378
=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.


Cartier Resources  (TSXV:ECR) 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.


Cartier Resources Receivables Turnover Related Terms

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Cartier Resources (TSXV:ECR) Business Description

Traded in Other Exchanges
Address
1740, Chemin Sullivan, Suite 1000, Val d’Or, QC, CAN, J9P 7H1
Cartier Resources Inc is an exploration company. Its activities include the acquisition and exploration of mining properties in Canada. Some of the projects of the company are Chimo Mine, Benoist, Fenton, Wilson, Cadillac Extension, Dollier and MacCormack.
Executives
Philippe Cloutier Director, Senior Officer

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