Mako Mining (TSXV:MKO) Receivables Turnover: 32.39 (As of Jun. 2026)

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TSXV:MKO Mako Mining Corp TSXV:MKO
74 GF Score
Price C$14.50
GF Value C$7.70
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Mako Mining Receivables Turnover?

Mako Mining TSXV:MKO +0.21% 74 Receivables Turnover is 32.39 as of Jun. 2026. GuruFocus rates TSXV:MKO with a GF Score™ of 74/100 and a GF Value™ of C$7.70 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 784 Metals & Mining companies, Mako Mining ranks better than 95.54% 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. Mako Mining's Revenue for the three months ended in Jun. 2026 was C$87.8 Mil. Mako Mining's average Accounts Receivable for the three months ended in Jun. 2026 was C$2.7 Mil. Hence, Mako Mining's Receivables Turnover for the three months ended in Jun. 2026 was 32.39.


Mako Mining  (TSXV:MKO) 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.


Mako Mining Receivables Turnover Related Terms


Mako Mining Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Mako 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.

Mako Mining Receivables Turnover Chart

Mako Mining Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 456.64 114.79 93.13 303.31 510.13

Mako Mining Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 18.92 39.23 111.77 41.09 32.39

TSXV:MKO vs NEM, AU: Receivables Turnover Comparison

For the Gold subindustry, Mako 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.


Mako Mining Receivables Turnover vs Metals & Mining Industry

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

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


TSXV:MKO
74GF Score
Mako Mining Corp TSXV:MKO
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mako Mining Receivables Turnover Calculation

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

Mako 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 )
=204.817 / ((0.457 + 0.346) / 2 )
=204.817 / 0.4015
=510.13

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

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=87.847 / ((4.235 + 1.189) / 2 )
=87.847 / 2.712
=32.39

* 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 32.39 mean?
Mako Mining (TSXV:MKO) has a Receivables Turnover of 32.39 as of Jun. 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 Mako Mining and its competitors. According to the industry distribution chart, Mako Mining ranks #35 out of 784 companies in the Metals & Mining industry, placing it in the top 4.5%.
Is Mako Mining's Receivables Turnover too high?
Mako Mining's current Receivables Turnover is 32.39. The Metals & Mining industry median Receivables Turnover is 9.58. Mako Mining's value of 32.39 is 238.3% above this industry median. Based on the distribution chart, Mako Mining ranks #35 out of 784 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Mako Mining has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mako Mining's Receivables Turnover compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Mako Mining ranks #35 out of 784 companies for Receivables Turnover. This places Mako Mining in the top 5% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 9.58. Mako Mining's value of 32.39 is 238.3% above this benchmark. 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 9.58, based on 784 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. Mako Mining's current Receivables Turnover of 32.39 is 238.3% above the industry median. 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 Mako Mining and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mako Mining's current Receivables Turnover is 32.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mako Mining stock overvalued right now?
Based on GuruFocus' analysis, Mako Mining (TSXV:MKO) is currently considered Significantly Overvalued. The stock's GF Value™ is C$7.70, compared to a current price of C$14.50 — trading 88.3% above its estimated fair value. The current Receivables Turnover is 32.39 and 238.3% above the Metals & Mining industry median of 9.58. Mako Mining's overall GF Score™ is 74/100 with 3 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 Mako Mining (TSXV:MKO), the current Receivables Turnover is 32.39 as of Jun. 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 Mako Mining (TSXV:MKO) Overvalued in 2026?

Based on GuruFocus' analysis, Mako Mining stock appears to be overvalued. The current stock price of C$14.50 is trading 88.3% above its estimated GF Value™ of C$7.70. GuruFocus considers Mako Mining to be Significantly Overvalued.

Key valuation signals for TSXV:MKO:

  • Receivables Turnover: 32.39
  • GF Value™: C$7.70 vs. price of C$14.50 (88.3% above fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 238.3% above the Metals & Mining median (#35 of 784)

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


Mako Mining Business Description

Other Exchanges MAKO:USAGQR0:Germany
Address 838 West Hastings Street, Suite 700, Vancouver, BC, CAN, V6C 0A6
Mako Mining Corp is a gold mining, development, and exploration firm. The companies primary asset is the San Albino mine, an open-pit mine located in Nicaragua. In addition to its mining operation, the company continues to explore its other concessions in Nicaragua and Guyana.
74GF Score

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

C$14.50
Price
C$7.70
GF Value