Westmount Minerals (XCNQ:WMC) Receivables Turnover : 0.00 (As of Dec. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Westmount Minerals 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. Westmount Minerals's Revenue for the three months ended in Dec. 2024 was C$0.00 Mil. Westmount Minerals's average Accounts Receivable for the three months ended in Dec. 2024 was C$0.00 Mil.

Westmount Minerals Receivables Turnover Historical Data

The historical data trend for Westmount Minerals'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.

Westmount Minerals Receivables Turnover Chart

Westmount Minerals Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Westmount Minerals Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial											-	-	-	-	-

Competitive Comparison of Westmount Minerals's Receivables Turnover

For the Gold subindustry, Westmount Minerals'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.

Westmount Minerals's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Westmount Minerals's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

Westmount Minerals Receivables Turnover Calculation

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

Westmount Minerals's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	0	/ (	(0.006	+	0.001)	/	2 )
=	0	/	0.0035
=	N/A

Westmount Minerals's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Westmount Minerals (XCNQ:WMC) 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.

Westmount Minerals Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Westmount Minerals's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Westmount Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Westmount Minerals Corp (XCNQ:WMC) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

470 Granville Street, Suite 520, Vancouver, BC, CAN, V6C 1V5

Website

https://www.westmountminerals.com

Westmount Minerals Corp is engaged in the acquisition and exploration of gold property assets. The company maintains an interest in the Douay East Property and the Bell Gold Property, both located in the Casa Berardi Deformation Zone within the greater Abitibi Greenstone Belt region in the province of Quebec.