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Equity Metals (TSXV:EQTY) Receivables Turnover : 0.00 (As of Nov. 2023)


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What is Equity Metals 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. Equity Metals's Revenue for the three months ended in Nov. 2023 was C$0.00 Mil. Equity Metals's average Accounts Receivable for the three months ended in Nov. 2023 was C$0.14 Mil.


Equity Metals Receivables Turnover Historical Data

The historical data trend for Equity Metals'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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Equity Metals Receivables Turnover Chart

Equity Metals Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Receivables Turnover
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Equity Metals Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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Competitive Comparison of Equity Metals's Receivables Turnover

For the Other Precious Metals & Mining subindustry, Equity Metals'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.


Equity Metals's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Equity Metals's Receivables Turnover falls into.



Equity Metals Receivables Turnover Calculation

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

Equity Metals's Receivables Turnover for the fiscal year that ended in Aug. 2023 is calculated as

Receivables Turnover (A: Aug. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Aug. 2023 ) / ((Accounts Receivable (A: Aug. 2022 ) + Accounts Receivable (A: Aug. 2023 )) / count )
=0 / ((0.082 + 0.177) / 2 )
=0 / 0.1295
=N/A

Equity Metals's Receivables Turnover for the quarter that ended in Nov. 2023 is calculated as

Receivables Turnover (Q: Nov. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Nov. 2023 ) / ((Accounts Receivable (Q: Aug. 2023 ) + Accounts Receivable (Q: Nov. 2023 )) / count )
=0 / ((0.177 + 0.103) / 2 )
=0 / 0.14
=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.


Equity Metals  (TSXV:EQTY) 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.


Equity Metals Receivables Turnover Related Terms

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Equity Metals (TSXV:EQTY) Business Description

Traded in Other Exchanges
Address
1100 - 1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5
Equity Metals Corp is engaged in the acquisition, exploration, and development of mineral and diamond properties in British Columbia, Saskatchewan and the Northwest Territories. It explores diamond, silver, and gold ores. The firm focuses on the exploration of diamonds on the Monument Property at Lac de Gras and gold and silver at the Silver Queen mine property, and also has interests in WO and La Ronge Silica project .

Equity Metals (TSXV:EQTY) Headlines

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