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Taranis Resources (TSXV:TRO) Receivables Turnover : 0.00 (As of Mar. 2024)


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What is Taranis 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. Taranis Resources's Revenue for the three months ended in Mar. 2024 was C$0.00 Mil. Taranis Resources's average Accounts Receivable for the three months ended in Mar. 2024 was C$0.04 Mil.


Taranis Resources Receivables Turnover Historical Data

The historical data trend for Taranis 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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Taranis Resources Receivables Turnover Chart

Taranis Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
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Taranis Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Taranis Resources's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Taranis 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.


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

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

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



Taranis Resources Receivables Turnover Calculation

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

Taranis 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 / ((0.035 + 0.036) / 2 )
=0 / 0.0355
=N/A

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

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=0 / ((0.036 + 0.045) / 2 )
=0 / 0.0405
=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.


Taranis Resources  (TSXV:TRO) 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.


Taranis Resources Receivables Turnover Related Terms

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Taranis Resources (TSXV:TRO) Business Description

Traded in Other Exchanges
Address
681 Conifer Lane, Estes Park, CO, USA, 80517
Taranis Resources Inc is a Canada based exploration stage company. The business activity of the group is operated through one reportable operating segment, which is the acquisition and exploration of mineral properties. The company holds an interest in Thor property, which is located in Revelstoke mining district of British Columbia.
Executives
James Wadhams Stuckert 10% Security Holder

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