Goldgroup Mining (TSXV:GORO) Receivables Turnover: 0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:GORO Goldgroup Mining Inc TSXV:GORO
35 GF Score
Price C$2.80
GF Value C$0.53
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Goldgroup Mining Receivables Turnover?

Goldgroup Mining TSXV:GORO -14.63% 35 Receivables Turnover is 0.00 as of Mar. 2026. GuruFocus rates TSXV:GORO with a GF Score™ of 35/100 and a GF Value™ of C$0.53 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 780 Metals & Mining companies, Goldgroup Mining ranks worse than 128205% on this metric.

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. Goldgroup Mining's Revenue for the three months ended in Mar. 2026 was C$29.08 Mil. Goldgroup Mining's average Accounts Receivable for the three months ended in Mar. 2026 was C$0.00 Mil.


Goldgroup Mining  (TSXV:GORO) 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.


Goldgroup Mining Receivables Turnover Related Terms


Goldgroup Mining Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Goldgroup Mining'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.

Goldgroup Mining Receivables Turnover Chart

Goldgroup Mining Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Goldgroup Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

TSXV:GORO vs NEM, AU: Receivables Turnover Comparison

For the Gold subindustry, Goldgroup Mining'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.


Goldgroup Mining Receivables Turnover vs Metals & Mining Industry

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

* The bar in red indicates where Goldgroup Mining's Receivables Turnover falls into.


TSXV:GORO
35GF Score
Goldgroup Mining Inc TSXV:GORO
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goldgroup Mining Receivables Turnover Calculation

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

Goldgroup Mining's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=31.702 / ((0 + 0) / 1 )
=31.702 / 0
=N/A

Goldgroup Mining's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=29.08 / ((0 + 0) / 1 )
=29.08 / 0
=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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.00 mean?
Goldgroup Mining (TSXV:GORO) has a Receivables Turnover of 0.00 as of Mar. 2026. The accounts 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. View historical data on Goldgroup Mining and its competitors. According to the industry distribution chart, Goldgroup Mining ranks #999999 out of 780 companies in the Metals & Mining industry.
Is Goldgroup Mining's Receivables Turnover too high?
Goldgroup Mining's current Receivables Turnover is 0.00. Based on the distribution chart, Goldgroup Mining ranks #999999 out of 780 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Goldgroup Mining has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goldgroup Mining's Receivables Turnover compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Goldgroup Mining ranks #999999 out of 780 companies for Receivables Turnover. This places Goldgroup Mining in the lower half of its industry. The industry median Receivables Turnover is 9.40. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Metals & Mining company?
The median Receivables Turnover among Metals & Mining companies is 9.40, based on 780 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Goldgroup Mining and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goldgroup Mining's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldgroup Mining stock overvalued right now?
Based on GuruFocus' analysis, Goldgroup Mining (TSXV:GORO) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.53, compared to a current price of C$2.80 — trading 428.3% above its estimated fair value. The current Receivables Turnover is 0.00. Goldgroup Mining's overall GF Score™ is 35/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Goldgroup Mining (TSXV:GORO), the current Receivables Turnover is 0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Goldgroup Mining (TSXV:GORO) Overvalued in 2026?

Based on GuruFocus' analysis, Goldgroup Mining stock appears to be overvalued. The current stock price of C$2.80 is trading 428.3% above its estimated GF Value™ of C$0.53. GuruFocus considers Goldgroup Mining to be Significantly Overvalued.

Key valuation signals for TSXV:GORO:

  • Receivables Turnover: 0.00
  • GF Value™: C$0.53 vs. price of C$2.80 (428.3% above fair value)
  • GF Score™: 35/100 with 6 warning signs

No single metric tells the full story. See the TSXV:GORO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goldgroup Mining Business Description

Other Exchanges GGAZF:USA55G0:Germany
Address 1111 Melville Street, Suite 410, Vancouver, BC, CAN, V6E 3V6
Goldgroup Mining Inc is focused on the acquisition, exploration and development of stage gold-bearing mineral properties in the Americas. The Companies current gold production and exploration and development related activities are conducted in Mexico. It property portfolio include Cerro Prieto project in Sonora and Pinos Project.
35GF Score

Get the complete analysis for TSXV:GORO

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$2.80
Price
C$0.53
GF Value