Saga Metals (TSXV:SAGA) Receivables Turnover : 0.00 (As of Jul. 2024)

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What is Saga Metals 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. Saga Metals's Revenue for the three months ended in Jul. 2024 was C$0.00 Mil. Saga Metals's average Accounts Receivable for the three months ended in Jul. 2024 was C$0.04 Mil.

Saga Metals Receivables Turnover Historical Data

The historical data trend for Saga Metals'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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Saga Metals Receivables Turnover Chart

Saga Metals Annual Data

Trend

Jul23

Jul24

Receivables Turnover

Saga Metals Quarterly Data
	Apr23	Jul23	Jan24	Apr24	Jul24
Receivables Turnover	-	-	-	-	-

Competitive Comparison of Saga Metals's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Saga Metals'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.

Saga Metals's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Saga Metals's Receivables Turnover falls into.

Saga Metals Receivables Turnover Calculation

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

Saga Metals's Receivables Turnover for the fiscal year that ended in Jul. 2024 is calculated as

	Receivables Turnover (A: Jul. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jul. 2024 )	/ (	(Accounts Receivable (A: Jul. 2023 )	+	Accounts Receivable (A: Jul. 2024 ))	/	count )
=	0	/ (	(0	+	0.059)	/	1 )
=	0	/	0.059
=	N/A

Saga Metals's Receivables Turnover for the quarter that ended in Jul. 2024 is calculated as

	Receivables Turnover (Q: Jul. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jul. 2024 )	/ (	(Accounts Receivable (Q: Apr. 2024 )	+	Accounts Receivable (Q: Jul. 2024 ))	/	count )
=	0	/ (	(0.019	+	0.059)	/	2 )
=	0	/	0.039
=	N/A

Saga Metals (TSXV:SAGA) 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.

Saga Metals Receivables Turnover Related Terms

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Saga Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Saga Metals Corp (TSXV:SAGA) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

20H:Germany

Address

2288 - 1177 West Hastings Street, Vancouver, BC, CAN, V6E 2K3

Website

https://www.sagametals.com

Saga Metals Corp is a diversified critical mineral exploration company whose principal business is the acquisition and exploration of mineral assets that support the green energy transition. It has currently has interests in four mineral properties in Canada: Double Mer Property, a uranium exploration project, Legacy Lithium Property, a LCT spodumene pegmatite lithium exploration project, Radar Titanium-Vanadium Property, a titanium-vanadium layered mafic intrusion exploration project and North Wind Iron Project.