Metalla Royalty & Streaming (TSXV:MTA) Receivables Turnover : 0.57 (As of Dec. 2023)

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What is Metalla Royalty & Streaming 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. Metalla Royalty & Streaming's Revenue for the three months ended in Dec. 2023 was C$1.74 Mil. Metalla Royalty & Streaming's average Accounts Receivable for the three months ended in Dec. 2023 was C$3.04 Mil. Hence, Metalla Royalty & Streaming's Receivables Turnover for the three months ended in Dec. 2023 was 0.57.

Metalla Royalty & Streaming Receivables Turnover Historical Data

The historical data trend for Metalla Royalty & Streaming'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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Metalla Royalty & Streaming Receivables Turnover Chart

Metalla Royalty & Streaming Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

Dec21

Dec22

Dec23

Receivables Turnover

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28.36

11.55

2.53

2.10

2.49

Metalla Royalty & Streaming Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															0.61	0.76	0.65	0.78	0.57

Competitive Comparison of Metalla Royalty & Streaming's Receivables Turnover

For the Other Precious Metals & Mining subindustry, Metalla Royalty & Streaming'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.

Metalla Royalty & Streaming's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Metalla Royalty & Streaming's Receivables Turnover falls into.

Metalla Royalty & Streaming Receivables Turnover Calculation

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

Metalla Royalty & Streaming's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	6.165	/ (	(1.617	+	3.33)	/	2 )
=	6.165	/	2.4735
=	2.49

Metalla Royalty & Streaming's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	1.739	/ (	(2.743	+	3.33)	/	2 )
=	1.739	/	3.0365
=	0.57

Metalla Royalty & Streaming (TSXV:MTA) 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.

Metalla Royalty & Streaming Receivables Turnover Related Terms

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Metalla Royalty & Streaming (TSXV:MTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Metalla Royalty & Streaming Ltd (TSXV:MTA) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

MTA:USA X9C:Germany X9C:Germany

Address

543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8

Website

https://www.metallaroyalty.com

Metalla Royalty & Streaming Ltd is a precious metals royalty and streaming company, which engages in the acquisition and management of precious metal royalties, streams, and similar production-based interests. It's a pure-play gold and silver streaming and royalty company. It generates revenue from royalties, streams, and other interests.