Avino Silver & Gold Mines (XSWX:ASM) Receivables Turnover : 4.27 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Avino Silver & Gold Mines 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. Avino Silver & Gold Mines's Revenue for the three months ended in Dec. 2023 was CHF10.84 Mil. Avino Silver & Gold Mines's average Accounts Receivable for the three months ended in Dec. 2023 was CHF2.54 Mil. Hence, Avino Silver & Gold Mines's Receivables Turnover for the three months ended in Dec. 2023 was 4.27.

Avino Silver & Gold Mines Receivables Turnover Historical Data

The historical data trend for Avino Silver & Gold Mines'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.

Avino Silver & Gold Mines Receivables Turnover Chart

Avino Silver & Gold Mines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

11.32

14.82

13.07

22.86

14.20

Avino Silver & Gold Mines Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															8.73	4.18	6.31	7.41	4.27

Competitive Comparison of Avino Silver & Gold Mines's Receivables Turnover

For the Other Precious Metals & Mining subindustry, Avino Silver & Gold Mines'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.

Avino Silver & Gold Mines's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Avino Silver & Gold Mines's Receivables Turnover falls into.

Avino Silver & Gold Mines Receivables Turnover Calculation

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

Avino Silver & Gold Mines'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 )
=	37.955	/ (	(2.489	+	2.856)	/	2 )
=	37.955	/	2.6725
=	14.20

Avino Silver & Gold Mines's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	10.836	/ (	(2.225	+	2.856)	/	2 )
=	10.836	/	2.5405
=	4.27

Avino Silver & Gold Mines (XSWX:ASM) 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.

Avino Silver & Gold Mines Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Avino Silver & Gold Mines's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Avino Silver & Gold Mines (XSWX:ASM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Avino Silver & Gold Mines Ltd (XSWX:ASM) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

ASM:USA GV6:Germany ASM:Canada

Address

570 Granville Street, Suite 900, Vancouver, BC, CAN, V6C 3P1

Website

https://www.avino.com

Avino Silver & Gold Mines Ltd is a mineral resource company. It is engaged in the exploration, extraction, and processing of silver, gold, and copper and the acquisition, exploration, and advancement of mineral properties. The company generates majority of its revenues through the sale of Copper produced from its mines. Its project portfolio includes Avino; San Gonzalo; Oxide Tailings; Bralorne Gold and others.