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Wiluna Mining (Wiluna Mining) Receivables Turnover : 2.63 (As of Jun. 2022)


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What is Wiluna Mining 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. Wiluna Mining's Revenue for the six months ended in Jun. 2022 was $11.36 Mil. Wiluna Mining's average Accounts Receivable for the six months ended in Jun. 2022 was $4.32 Mil. Hence, Wiluna Mining's Receivables Turnover for the six months ended in Jun. 2022 was 2.63.


Wiluna Mining Receivables Turnover Historical Data

The historical data trend for Wiluna Mining'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.

Wiluna Mining Receivables Turnover Chart

Wiluna Mining Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 933.11 303.44 333.37 417.05 6.64

Wiluna Mining Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 14.42 40.94 24.67 8.10 2.63

Competitive Comparison of Wiluna Mining's Receivables Turnover

For the Gold subindustry, Wiluna Mining'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.


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

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

* The bar in red indicates where Wiluna Mining's Receivables Turnover falls into.



Wiluna Mining Receivables Turnover Calculation

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

Wiluna Mining's Receivables Turnover for the fiscal year that ended in Jun. 2022 is calculated as

Receivables Turnover (A: Jun. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2022 ) / ((Accounts Receivable (A: Jun. 2021 ) + Accounts Receivable (A: Jun. 2022 )) / count )
=36.431 / ((0 + 5.489) / 1 )
=36.431 / 5.489
=6.64

Wiluna Mining's Receivables Turnover for the quarter that ended in Jun. 2022 is calculated as

Receivables Turnover (Q: Jun. 2022 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2022 ) / ((Accounts Receivable (Q: Dec. 2021 ) + Accounts Receivable (Q: Jun. 2022 )) / count )
=11.361 / ((3.152 + 5.489) / 2 )
=11.361 / 4.3205
=2.63

* 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.


Wiluna Mining  (OTCPK:WMXCF) 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.


Wiluna Mining Receivables Turnover Related Terms

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Wiluna Mining (Wiluna Mining) Business Description

Traded in Other Exchanges
N/A
Address
643 Murray Street, Level 2, West Perth, Perth, WA, AUS, 6005
Wiluna Mining Corp Ltd is a Perth-based gold mining company that controls over 1,600 square kilometers of the Yilgarn Craton in the Northern Goldfields of WA. The principal activities of the company are the production of gold from the Wiluna Gold Operation; and gold exploration and development. Its project portfolio includes Wiluna, Regent, Lake Way, and Matilda.

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