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Hardcore Discoveries (XCNQ:HARD) Receivables Turnover : 0.00 (As of Mar. 2024)


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What is Hardcore Discoveries 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. Hardcore Discoveries's Revenue for the three months ended in Mar. 2024 was C$0.00 Mil. Hardcore Discoveries's average Accounts Receivable for the three months ended in Mar. 2024 was C$0.02 Mil.


Hardcore Discoveries Receivables Turnover Historical Data

The historical data trend for Hardcore Discoveries'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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Hardcore Discoveries Receivables Turnover Chart

Hardcore Discoveries Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
- - - - -

Hardcore Discoveries Quarterly Data
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 Hardcore Discoveries's Receivables Turnover

For the Gold subindustry, Hardcore Discoveries'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.


Hardcore Discoveries's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Hardcore Discoveries's Receivables Turnover falls into.



Hardcore Discoveries Receivables Turnover Calculation

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

Hardcore Discoveries'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 / ((0.017 + 0.016) / 2 )
=0 / 0.0165
=N/A

Hardcore Discoveries'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 / ((0.016 + 0.02) / 2 )
=0 / 0.018
=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.


Hardcore Discoveries  (XCNQ:HARD) 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.


Hardcore Discoveries Receivables Turnover Related Terms

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Hardcore Discoveries (XCNQ:HARD) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2
Hardcore Discoveries Ltd formerly Makara Mining Corp is engaged in the business of mineral exploration in Canada. Its projects include Rude Creek Property, Kenora Gold Property, Win Property, Idaho Property, and Davis & Paradise Properties.

Hardcore Discoveries (XCNQ:HARD) Headlines

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