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Granite Creek Copper (TSXV:GCX) Receivables Turnover : 0.00 (As of Feb. 2024)


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What is Granite Creek Copper 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. Granite Creek Copper's Revenue for the three months ended in Feb. 2024 was C$0.00 Mil. Granite Creek Copper's average Accounts Receivable for the three months ended in Feb. 2024 was C$0.01 Mil.


Granite Creek Copper Receivables Turnover Historical Data

The historical data trend for Granite Creek Copper'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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Granite Creek Copper Receivables Turnover Chart

Granite Creek Copper Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 May21 May22 May23
Receivables Turnover
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Granite Creek Copper Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of Granite Creek Copper's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Granite Creek Copper'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.


Granite Creek Copper's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Granite Creek Copper's Receivables Turnover falls into.



Granite Creek Copper Receivables Turnover Calculation

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

Granite Creek Copper's Receivables Turnover for the fiscal year that ended in May. 2023 is calculated as

Receivables Turnover (A: May. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: May. 2023 ) / ((Accounts Receivable (A: May. 2022 ) + Accounts Receivable (A: May. 2023 )) / count )
=0 / ((0.022 + 0.061) / 2 )
=0 / 0.0415
=N/A

Granite Creek Copper's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

Receivables Turnover (Q: Feb. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Feb. 2024 ) / ((Accounts Receivable (Q: Nov. 2023 ) + Accounts Receivable (Q: Feb. 2024 )) / count )
=0 / ((0.012 + 0.016) / 2 )
=0 / 0.014
=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.


Granite Creek Copper  (TSXV:GCX) 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.


Granite Creek Copper Receivables Turnover Related Terms

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Granite Creek Copper (TSXV:GCX) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 904, Vancouver, BC, CAN, V6C 1T2
Granite Creek Copper Ltd is a Vancouver-based, public exploration company. It is in the business of acquiring and carrying out exploration on mineral properties, especially those with precious metals potential, to establish a mineable mineral resource. The company primarily explores gold and other mineral deposits. Granite Creek holds an interest in the Stu Copper-Gold Project located in the Minto Copper District of Canada's Yukon Territory.
Executives
Robert Sennott Director

Granite Creek Copper (TSXV:GCX) Headlines

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