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Ridgeline Minerals (TSXV:RDG) Receivables Turnover : 0.00 (As of Sep. 2023)


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What is Ridgeline 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. Ridgeline Minerals's Revenue for the three months ended in Sep. 2023 was C$0.00 Mil. Ridgeline Minerals's average Accounts Receivable for the three months ended in Sep. 2023 was C$0.02 Mil.


Ridgeline Minerals Receivables Turnover Historical Data

The historical data trend for Ridgeline 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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Ridgeline Minerals Receivables Turnover Chart

Ridgeline Minerals Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Receivables Turnover
- - - -

Ridgeline Minerals Quarterly Data
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 Ridgeline Minerals's Receivables Turnover

For the Gold subindustry, Ridgeline 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.


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

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

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



Ridgeline Minerals Receivables Turnover Calculation

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

Ridgeline Minerals'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 / ((0.029 + 0.023) / 2 )
=0 / 0.026
=N/A

Ridgeline Minerals'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 / ((0.013 + 0.019) / 2 )
=0 / 0.016
=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.


Ridgeline Minerals  (TSXV:RDG) 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.


Ridgeline Minerals Receivables Turnover Related Terms

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Ridgeline Minerals (TSXV:RDG) Business Description

Traded in Other Exchanges
Address
1066 West Hastings Street, Suite 1650, Vancouver, BC, CAN, V6E 3X1
Ridgeline Minerals Corp is a discovery-focused gold-silver explorer with a proven management team and an approximately 154 km exploration portfolio across four projects in the highly prospective Carlin and Battle Mountain - Eureka Trends in Nevada.

Ridgeline Minerals (TSXV:RDG) Headlines

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