GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Torq Resources Inc (TSXV:TORQ) » Definitions » Receivables Turnover

Torq Resources (TSXV:TORQ) Receivables Turnover : 0.00 (As of Sep. 2024)


View and export this data going back to 1986. Start your Free Trial

What is Torq 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. Torq Resources's Revenue for the three months ended in Sep. 2024 was C$0.00 Mil. Torq Resources's average Accounts Receivable for the three months ended in Sep. 2024 was C$0.02 Mil.


Torq Resources Receivables Turnover Historical Data

The historical data trend for Torq 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.

* Premium members only.

Torq Resources Receivables Turnover Chart

Torq Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Torq Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Torq Resources's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Torq 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.


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

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

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


;
;

Torq Resources Receivables Turnover Calculation

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

Torq Resources'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 )
=0 / ((0.066 + 0.037) / 2 )
=0 / 0.0515
=N/A

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

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=0 / ((0.02 + 0.018) / 2 )
=0 / 0.019
=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.


Torq Resources  (TSXV:TORQ) 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.


Torq Resources Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Torq Resources's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Torq Resources Business Description

Traded in Other Exchanges
Address
1177 West Hastings Street, Suite 1630, Vancouver, BC, CAN, V6E 2K3
Torq Resources Inc is engaged in the acquisition and exploration of mineral property interests with a focus on the Americas, particularly Chile. Its projects include the Santa Cecilia gold-copper project, the Margarita iron-oxide copper-gold project, and the Andrea copper porphyry project.
Executives
Shawn Wallace Director, Senior Officer
Wesley Gervais Senior Officer
Michael Henrichsen Senior Officer
Michael Kosowan Director, Senior Officer
Ivan Bebek Director
Jeffrey Robert Mason Director

Torq Resources Headlines

No Headlines