Bathurst Resources (Bathurst Resources) Receivables Turnover : 4.80 (As of Dec. 2023)

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What is Bathurst 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. Bathurst Resources's Revenue for the six months ended in Dec. 2023 was $14.30 Mil. Bathurst Resources's average Accounts Receivable for the six months ended in Dec. 2023 was $2.98 Mil. Hence, Bathurst Resources's Receivables Turnover for the six months ended in Dec. 2023 was 4.80.

Bathurst Resources Receivables Turnover Historical Data

The historical data trend for Bathurst 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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Bathurst Resources Receivables Turnover Chart

Bathurst Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

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14.16

14.74

15.69

10.44

15.03

Bathurst Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															3.93	3.27	3.84	3.78	4.80

Competitive Comparison of Bathurst Resources's Receivables Turnover

For the Coking Coal subindustry, Bathurst 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.

Bathurst Resources's Receivables Turnover Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Bathurst Resources's Receivables Turnover distribution charts can be found below:

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

Bathurst Resources Receivables Turnover Calculation

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

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

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	26.979	/ (	(2.304	+	1.286)	/	2 )
=	26.979	/	1.795
=	15.03

Bathurst Resources'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: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	14.303	/ (	(1.286	+	4.67)	/	2 )
=	14.303	/	2.978
=	4.80

Bathurst Resources (OTCPK:BTURF) 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.

Bathurst Resources Receivables Turnover Related Terms

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Bathurst Resources (Bathurst Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Bathurst Resources Ltd (OTCPK:BTURF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

B0R:Germany BRL:Australia

Address

1 Willeston Street, Level 12, Wellington, NZL, 6011

Website

https://www.bathurst.co.nz

Bathurst Resources Ltd is principally engaged in the exploration, development, and production of coal. The operating business segments of the company are Export, Domestic, and Corporate, with maximum revenue from the export segment. It has three operating mines in the South Island: Canterbury Coal, Stockton, and Takitimu. It also operates Maramarua and Rotowaro in the Waikato region of the North Island. Further, it has two mines the Cascade and Escarpment mines near Westport.

Bathurst Resources (Bathurst Resources) Headlines

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