Nations Royalty (TSXV:NRC) Receivables Turnover : 0.73 (As of Dec. 2024)

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What is Nations Royalty 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. Nations Royalty's Revenue for the three months ended in Dec. 2024 was C$0.29 Mil. Nations Royalty's average Accounts Receivable for the three months ended in Dec. 2024 was C$0.40 Mil. Hence, Nations Royalty's Receivables Turnover for the three months ended in Dec. 2024 was 0.73.

Nations Royalty Receivables Turnover Historical Data

The historical data trend for Nations Royalty'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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Nations Royalty Receivables Turnover Chart

Nations Royalty Annual Data

Trend

May22

May23

May24

Receivables Turnover

Nations Royalty Quarterly Data
	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial						-	-	-	0.40	0.73

Competitive Comparison of Nations Royalty's Receivables Turnover

For the Asset Management subindustry, Nations Royalty'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.

Nations Royalty's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nations Royalty's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Nations Royalty's Receivables Turnover falls into.

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Nations Royalty Receivables Turnover Calculation

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

Nations Royalty's Receivables Turnover for the fiscal year that ended in May. 2024 is calculated as

	Receivables Turnover (A: May. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: May. 2024 )	/ (	(Accounts Receivable (A: May. 2023 )	+	Accounts Receivable (A: May. 2024 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Nations Royalty's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	0.288	/ (	(0.397	+	0)	/	1 )
=	0.288	/	0.397
=	0.73

Nations Royalty (TSXV:NRC) 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.

Nations Royalty Receivables Turnover Related Terms

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Nations Royalty Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nations Royalty Corp (TSXV:NRC) » Definitions » Receivables Turnover

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Traded in Other Exchanges

Y96:Germany

Address

595 Burrard Street, Suite 3123, Vancouver, BC, CAN, V6X 1J1

Website

https://www.nationsroyalty.ca

Nations Royalty Corp is a royalty company focused on creating royalty diversification for First Nations. The company allow First Nations to bring forward the Value within their Benefit Agreement Royalties and unlock the Net Asset Value (NAV) Multiples afforded to Royalty Companies.

Executives