Critical Minerals Group (ASX:CMG) Receivables Turnover : 0.00 (As of Dec. 2023)

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What is Critical Minerals Group 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. Critical Minerals Group's Revenue for the six months ended in Dec. 2023 was A$0.00 Mil. Critical Minerals Group's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.08 Mil.

Critical Minerals Group Receivables Turnover Historical Data

The historical data trend for Critical Minerals Group'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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Critical Minerals Group Receivables Turnover Chart

Critical Minerals Group Annual Data

Trend

Jun22

Jun23

Receivables Turnover

Critical Minerals Group Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23
Receivables Turnover	-	-	-	-

Competitive Comparison of Critical Minerals Group's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Critical Minerals Group'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.

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

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

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

Critical Minerals Group Receivables Turnover Calculation

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

Critical Minerals Group's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

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

Critical Minerals Group'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 )
=	0	/ (	(0	+	0.083)	/	1 )
=	0	/	0.083
=	N/A

Critical Minerals Group (ASX:CMG) 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.

Critical Minerals Group Receivables Turnover Related Terms

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Critical Minerals Group (ASX:CMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Critical Minerals Group Ltd (ASX:CMG) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Eagle Street, Level 4, Gold Tower, Brisbane, QLD, AUS, 4000

Website

https://www.criticalmineralsgroup.com.au

Critical Minerals Group Ltd is a mineral exploration company seeking to explore and develop prospective critical minerals projects. It holds interest in Lindfield Project, Figtree Creek Project, and Lorena Surrounds Project. The Group is into one operating segment, mining and exploration operations Geographically, it operates in Australia.