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MAX Resource (MAX Resource) Receivables Turnover : 0.00 (As of Sep. 2023)


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


MAX Resource Receivables Turnover Historical Data

The historical data trend for MAX Resource'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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MAX Resource Receivables Turnover Chart

MAX Resource Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
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MAX Resource Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of MAX Resource's Receivables Turnover

For the Other Precious Metals & Mining subindustry, MAX Resource'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.


MAX Resource's Receivables Turnover Distribution in the Metals & Mining Industry

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

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



MAX Resource Receivables Turnover Calculation

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

MAX Resource'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 + 0.1) / 2 )
=0 / 0.051
=N/A

MAX Resource'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: Jun. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=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.


MAX Resource  (OTCPK:MXROF) 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.


MAX Resource Receivables Turnover Related Terms

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MAX Resource (MAX Resource) Business Description

Traded in Other Exchanges
Address
1095 West Pender Street, Suite 1188, Vancouver, BC, CAN, V6E 2M6
MAX Resource Corp is a mineral exploration company advancing the newly discovered district-scale Cesar copper-silver project. Its Cesar project sits along with the Colombian portion of the largest producing copper belt (Andean belt), with infrastructure and the presence of global majors (Glencore and Chevron). The company holds a 100% interest in the RT Gold project in Peru. It has one operating segment which is the exploration of resource properties.

MAX Resource (MAX Resource) Headlines