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Li3 Lithium (TSXV:LILI) Receivables Turnover : 0.00 (As of Nov. 2023)


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What is Li3 Lithium 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. Li3 Lithium's Revenue for the three months ended in Nov. 2023 was C$0.00 Mil. Li3 Lithium's average Accounts Receivable for the three months ended in Nov. 2023 was C$0.00 Mil.


Li3 Lithium Receivables Turnover Historical Data

The historical data trend for Li3 Lithium'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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Li3 Lithium Receivables Turnover Chart

Li3 Lithium Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Receivables Turnover
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Li3 Lithium 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 Li3 Lithium's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Li3 Lithium'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.


Li3 Lithium's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Li3 Lithium's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Li3 Lithium's Receivables Turnover falls into.



Li3 Lithium Receivables Turnover Calculation

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

Li3 Lithium's Receivables Turnover for the fiscal year that ended in Nov. 2023 is calculated as

Receivables Turnover (A: Nov. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Nov. 2023 ) / ((Accounts Receivable (A: Nov. 2022 ) + Accounts Receivable (A: Nov. 2023 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Li3 Lithium'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 + 0) / 1 )
=0 / 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.


Li3 Lithium  (TSXV:LILI) 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.


Li3 Lithium Receivables Turnover Related Terms

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Li3 Lithium (TSXV:LILI) Business Description

Traded in Other Exchanges
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Li3 Lithium Corp is focused on acquiring and developing hard rock spodumene lithium assets in Zimbabwe and Argentina. It focuses on HardRock Lithium and Mutare Lithium projects.

Li3 Lithium (TSXV:LILI) Headlines

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