Mako Mining (TSXV:MKO) Receivables Turnover : 85.67 (As of Dec. 2023)

Mako Mining Receivables Turnover Chart

Mako Mining Annual Data
	Trend	Apr14	Apr15	Apr16	Apr17	Apr18	Apr19	Dec20	Dec21	Dec22	Dec23
Receivables Turnover		Get a 7-Day Free Trial					-	9.38	456.64	114.79	93.13

Mako Mining Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															10.23	14.21	10.85	34.41	85.67

Competitive Comparison of Mako Mining's Receivables Turnover

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's Receivables Turnover Distribution in the 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.

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. 2023 is calculated as

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

* 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  (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

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Mako Mining (TSXV:MKO) Business Description