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Goldex Resources (Goldex Resources) Receivables Turnover : 0.00 (As of Sep. 2023)


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What is Goldex 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. Goldex Resources's Revenue for the three months ended in Sep. 2023 was $0.00 Mil. Goldex Resources's average Accounts Receivable for the three months ended in Sep. 2023 was $0.00 Mil.


Goldex Resources Receivables Turnover Historical Data

The historical data trend for Goldex 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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Goldex Resources Receivables Turnover Chart

Goldex Resources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
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Goldex Resources Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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Competitive Comparison of Goldex Resources's Receivables Turnover

For the Gold subindustry, Goldex 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.


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

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

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



Goldex Resources Receivables Turnover Calculation

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

Goldex Resources's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=0 / ((0.002 + 0.004) / 2 )
=0 / 0.003
=N/A

Goldex Resources's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=0 / ((0.005 + 0.004) / 2 )
=0 / 0.0045
=N/A

* 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.


Goldex Resources  (OTCPK:GDXRF) 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.


Goldex Resources Receivables Turnover Related Terms

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Goldex Resources (Goldex Resources) Business Description

Traded in Other Exchanges
Address
610 - 700 West Pender Street, Vancouver, BC, CAN, V6C 1G8
Goldex Resources Corp is engaged in the process of exploring mineral interests. The company is principally involved in the acquisition and exploration of gold exploration and evaluation assets. Some of its properties are El Pato, Las Minas and Silimanita and San Juan. Geographically, it operates in Canada and Guatemala.

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