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Gfm Resources (TSXV:GFM.H) Receivables Turnover : 0.00 (As of Dec. 2023)


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What is Gfm 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. Gfm Resources's Revenue for the three months ended in Dec. 2023 was C$0.00 Mil. Gfm Resources's average Accounts Receivable for the three months ended in Dec. 2023 was C$0.00 Mil.


Gfm Resources Receivables Turnover Historical Data

The historical data trend for Gfm 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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Gfm Resources Receivables Turnover Chart

Gfm Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
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Gfm Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Gfm Resources's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Gfm 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.


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

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

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



Gfm Resources Receivables Turnover Calculation

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

Gfm 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 + 0) / 1 )
=0 / 0
=N/A

Gfm Resources's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=0 / ((0.001 + 0) / 1 )
=0 / 0.001
=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.


Gfm Resources  (TSXV:GFM.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.


Gfm Resources Receivables Turnover Related Terms

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Gfm Resources (TSXV:GFM.H) Business Description

Traded in Other Exchanges
N/A
Address
1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Gfm Resources Ltd is a Canada-based mineral exploration company. It is engaged in the business of acquisition, exploration, and development of mineral properties in Mexico. Its property includes La Casita, Durango and Dany II, Guanajuato project.

Gfm Resources (TSXV:GFM.H) Headlines

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