Stearman Resources (XCNQ:STMN) Receivables Turnover : 0.00 (As of Feb. 2024)

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

Stearman Resources Receivables Turnover Historical Data

The historical data trend for Stearman 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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Stearman Resources Receivables Turnover Chart

Stearman Resources Annual Data

Trend

Aug22

Aug23

Receivables Turnover

Stearman Resources Quarterly Data
	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Receivables Turnover	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Stearman Resources's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Stearman 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.

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

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

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

Stearman Resources Receivables Turnover Calculation

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

Stearman Resources's Receivables Turnover for the fiscal year that ended in Aug. 2023 is calculated as

	Receivables Turnover (A: Aug. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Aug. 2023 )	/ (	(Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )
=	0	/ (	(0.003	+	0.017)	/	2 )
=	0	/	0.01
=	N/A

Stearman Resources's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

	Receivables Turnover (Q: Feb. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Feb. 2024 )	/ (	(Accounts Receivable (Q: Nov. 2023 )	+	Accounts Receivable (Q: Feb. 2024 ))	/	count )
=	0	/ (	(0.004	+	0.003)	/	2 )
=	0	/	0.0035
=	N/A

Stearman Resources (XCNQ:STMN) 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.

Stearman Resources Receivables Turnover Related Terms

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Stearman Resources (XCNQ:STMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Stearman Resources Inc (XCNQ:STMN) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

422 Richards Street, Suite 170, Vancouver, BC, CAN, V6B 2Z4

Website

Stearman Resources Inc is engaged in the business of the acquisition, exploration, and development of mineral resource properties. The company's sole mineral property interest is the Miniac Option on the Miniac Property located in the northern Abitbi region of Quebec.

Executives

Steve Mathiesen

Director

Stearman Resources (XCNQ:STMN) Headlines

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