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Norse Gold (TSXV:VKG.H) Receivables Turnover : 0.00 (As of Mar. 2024)


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


Norse Gold Receivables Turnover Historical Data

The historical data trend for Norse Gold'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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Norse Gold Receivables Turnover Chart

Norse Gold Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
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Norse Gold 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 Norse Gold's Receivables Turnover

For the Gold subindustry, Norse Gold'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.


Norse Gold's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Norse Gold's Receivables Turnover falls into.



Norse Gold Receivables Turnover Calculation

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

Norse Gold's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Norse Gold'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 / ((0.001 + 0) / 1 )
=0 / 0.001
=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.


Norse Gold  (TSXV:VKG.H) 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.


Norse Gold Receivables Turnover Related Terms

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Norse Gold (TSXV:VKG.H) Business Description

Traded in Other Exchanges
N/A
Address
240 Connemara Road, Comox, BC, CAN, V9M 3T4
Norse Gold Corp is a Canada-based company engaged in the acquisition, exploration, and development of natural resources in Canada. It operates through the Yellow Knife Gold Project situated in the Yellowknife Gold Belt in the north of Yellowknife.

Norse Gold (TSXV:VKG.H) Headlines

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