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Richmond Minerals (Richmond Minerals) Receivables Turnover : 0.00 (As of Nov. 2023)


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What is Richmond Minerals 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. Richmond Minerals's Revenue for the three months ended in Nov. 2023 was $0.00 Mil. Richmond Minerals's average Accounts Receivable for the three months ended in Nov. 2023 was $0.00 Mil.


Richmond Minerals Receivables Turnover Historical Data

The historical data trend for Richmond Minerals'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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Richmond Minerals Receivables Turnover Chart

Richmond Minerals Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Receivables Turnover
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Richmond Minerals Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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Competitive Comparison of Richmond Minerals's Receivables Turnover

For the Other Precious Metals & Mining subindustry, Richmond Minerals'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.


Richmond Minerals's Receivables Turnover Distribution in the Metals & Mining Industry

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

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



Richmond Minerals Receivables Turnover Calculation

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

Richmond Minerals's Receivables Turnover for the fiscal year that ended in May. 2023 is calculated as

Receivables Turnover (A: May. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: May. 2023 ) / ((Accounts Receivable (A: May. 2022 ) + Accounts Receivable (A: May. 2023 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Richmond Minerals's Receivables Turnover for the quarter that ended in Nov. 2023 is calculated as

Receivables Turnover (Q: Nov. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Nov. 2023 ) / ((Accounts Receivable (Q: Aug. 2023 ) + Accounts Receivable (Q: Nov. 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.


Richmond Minerals  (OTCPK:RMDFF) 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.


Richmond Minerals Receivables Turnover Related Terms

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Richmond Minerals (Richmond Minerals) Business Description

Traded in Other Exchanges
Address
120 Adelaide Street West, Suite 2500, Toronto, ON, CAN, M5H 1T1
Richmond Minerals Inc is a mineral exploration company. It is mainly engaged in base and precious metal mining and related activities, including exploration and development in Northern Ontario and Quebec. The company owns an interest in Probe Mines Borden Lake Gold Properties, Ridley Lake Project, Iamgold Jerome Mines, and Iamgold Cote Lake properties. The Company operates in one industry segment, Junior exploration and evaluation, but operates geographically in two countries, Canada and Austria.

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