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Rockex Mining (XCNQ:RXM) Receivables Turnover : 0.00 (As of Sep. 2024)


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What is Rockex 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. Rockex Mining's Revenue for the three months ended in Sep. 2024 was C$0.00 Mil. Rockex Mining's average Accounts Receivable for the three months ended in Sep. 2024 was C$0.00 Mil.


Rockex Mining Receivables Turnover Historical Data

The historical data trend for Rockex 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.

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Rockex Mining Receivables Turnover Chart

Rockex Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
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Rockex Mining Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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Competitive Comparison of Rockex Mining's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Rockex 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.


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

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

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


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Rockex Mining Receivables Turnover Calculation

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

Rockex Mining'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 + 0) / 1 )
=0 / 0
=N/A

Rockex Mining's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Sep. 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.


Rockex Mining  (XCNQ:RXM) 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.


Rockex Mining Receivables Turnover Related Terms

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Rockex Mining Business Description

Traded in Other Exchanges
N/A
Address
580 New Vickers Street, Thunder Bay, ON, CAN, P7G 1J3
Rockex Mining Corp is a mineral exploration company. It is principally engaged in the exploration and evaluation of mineral properties. The company is involved in iron ore mining that focuses on the development of its Lake St. Joseph iron ore deposit.
Executives
Denis Gagnon Director

Rockex Mining Headlines

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