Centamin (Centamin) Receivables Turnover : 11.06 (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Centamin 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. Centamin's Revenue for the six months ended in Dec. 2023 was $465.7 Mil. Centamin's average Accounts Receivable for the six months ended in Dec. 2023 was $42.1 Mil. Hence, Centamin's Receivables Turnover for the six months ended in Dec. 2023 was 11.06.

Centamin Receivables Turnover Historical Data

The historical data trend for Centamin'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.

Centamin Receivables Turnover Chart

Centamin Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

20.73

35.13

35.22

26.74

23.85

Centamin 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															11.81	13.18	13.88	12.32	11.06

Competitive Comparison of Centamin's Receivables Turnover

For the Gold subindustry, Centamin'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.

Centamin's Receivables Turnover Distribution in the Metals & Mining Industry

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

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

Centamin Receivables Turnover Calculation

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

Centamin'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 )
=	891.262	/ (	(29.832	+	44.917)	/	2 )
=	891.262	/	37.3745
=	23.85

Centamin'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 )
=	465.65	/ (	(39.259	+	44.917)	/	2 )
=	465.65	/	42.088
=	11.06

Centamin (OTCPK:CELTF) 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.

Centamin Receivables Turnover Related Terms

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

Centamin (Centamin) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Centamin PLC (OTCPK:CELTF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

CEYl:UK CEY:UK 7CT:Germany CEE:Canada

Address

2 Mulcaster Street, Saint Helier, JEY, JE2 3NJ

Website

https://www.centamin.com

Centamin PLC is a mineral exploration, development, and mining company. It represents three operating segments two in the business of exploration and one in the mining of precious metals. Centamin's primary asset is the Sukari Gold Mine located in southern Egypt, which is jointly owned by the company's subsidiary, Pharaoh Gold Mines NL. Ore is provided from two mining operations: a large-scale open-pit provides the majority of the ore feed, with the remainder from a higher-grade underground mine. The ore is then processed at an on-site plant. The company also owns exploration and development assets in Burkina Faso and Cote d'Ivoire.