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Melkior Resources (TSXV:MKR) Receivables Turnover : 0.00 (As of Feb. 2024)


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What is Melkior 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. Melkior Resources's Revenue for the three months ended in Feb. 2024 was C$0.00 Mil. Melkior Resources's average Accounts Receivable for the three months ended in Feb. 2024 was C$0.00 Mil.


Melkior Resources Receivables Turnover Historical Data

The historical data trend for Melkior 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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Melkior Resources Receivables Turnover Chart

Melkior Resources Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Receivables Turnover
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Melkior Resources Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of Melkior Resources's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Melkior 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.


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

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

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



Melkior Resources Receivables Turnover Calculation

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

Melkior Resources's Receivables Turnover for the fiscal year that ended in Aug. 2023 is calculated as

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

Melkior Resources's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

Receivables Turnover (Q: Feb. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Feb. 2024 ) / ((Accounts Receivable (Q: Nov. 2023 ) + Accounts Receivable (Q: Feb. 2024 )) / 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.


Melkior Resources  (TSXV:MKR) 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.


Melkior Resources Receivables Turnover Related Terms

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Melkior Resources (TSXV:MKR) Business Description

Traded in Other Exchanges
Address
66 Brousseau Avenue, Suite 207, Timmins, ON, CAN, P4N 5Y2
Melkior Resources Inc is a mineral exploration company. It is engaged in the acquisition and exploration of mining properties. Its exploration includes gold, base metal, and others. Its projects include Carscallen Project, Val d'Or Project, and other projects.
Executives
Jonathon Deluce Director, Senior Officer
Keith James Deluce 10% Security Holder, Director
Norman Farrell Director

Melkior Resources (TSXV:MKR) Headlines

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