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Group Eleven Resources (TSXV:ZNG) Receivables Turnover : 0.00 (As of Dec. 2024)


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What is Group Eleven 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. Group Eleven Resources's Revenue for the three months ended in Dec. 2024 was C$0.00 Mil. Group Eleven Resources's average Accounts Receivable for the three months ended in Dec. 2024 was C$0.00 Mil.


Group Eleven Resources Receivables Turnover Historical Data

The historical data trend for Group Eleven 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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Group Eleven Resources Receivables Turnover Chart

Group Eleven Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
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Group Eleven Resources Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of Group Eleven Resources's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Group Eleven 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.


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

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

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


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Group Eleven Resources Receivables Turnover Calculation

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

Group Eleven Resources's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

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

Group Eleven Resources'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 / ((0 + 0) / 1 )
=0 / 0
=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.


Group Eleven Resources  (TSXV:ZNG) 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.


Group Eleven Resources Receivables Turnover Related Terms

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Group Eleven Resources Business Description

Traded in Other Exchanges
Address
885 West Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8
Group Eleven Resources Corp is a Canada-based mining company. Principally, it is engaged in the business of exploration of mineral properties. The company's project consists of Ballinalack, PG West, Stonepark, and Silvermines among others.
Executives
David Andrew Furlong Senior Officer
Brendan Thomas Cahill Director
Michael Gentile 10% Security Holder
Mag Silver Corp. 10% Security Holder
Shaun Perin Heinrichs Senior Officer
Bart Jaworski Director

Group Eleven Resources Headlines

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