StrategX Elements (XCNQ:STGX) Receivables Turnover : 0.00 (As of Mar. 2024)

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What is StrategX Elements 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. StrategX Elements's Revenue for the three months ended in Mar. 2024 was C$0.00 Mil. StrategX Elements's average Accounts Receivable for the three months ended in Mar. 2024 was C$0.11 Mil.

StrategX Elements Receivables Turnover Historical Data

The historical data trend for StrategX Elements'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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StrategX Elements Receivables Turnover Chart

StrategX Elements Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

StrategX Elements Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial									-	-	-	-	-

Competitive Comparison of StrategX Elements's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, StrategX Elements'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.

StrategX Elements's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where StrategX Elements's Receivables Turnover falls into.

StrategX Elements Receivables Turnover Calculation

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

StrategX Elements'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	/ (	(0.126	+	0.106)	/	2 )
=	0	/	0.116
=	N/A

StrategX Elements'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	/ (	(0.106	+	0.108)	/	2 )
=	0	/	0.107
=	N/A

StrategX Elements (XCNQ:STGX) 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.

StrategX Elements Receivables Turnover Related Terms

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StrategX Elements (XCNQ:STGX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » StrategX Elements Corp (XCNQ:STGX) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Water Street, Suite 514, Vancouver, BC, CAN, V6B 1A1

Website

https://www.strategxcorp.com

StrategX Elements Corp X is engaged in the acquisition, exploration, and development of mineral resource properties. The company owns properties in the Northwest Territories and Nunavut, Canada. Its principal property is the 939 Property located in the Northwest Territories.

Executives

Darren Greg Bahrey

Senior Officer

StrategX Elements (XCNQ:STGX) Headlines

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