Golden Mile Resources (ASX:G88) Receivables Turnover : 0.00 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Golden Mile 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. Golden Mile Resources's Revenue for the six months ended in Dec. 2023 was A$0.00 Mil. Golden Mile Resources's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.04 Mil.

Golden Mile Resources Receivables Turnover Historical Data

The historical data trend for Golden Mile 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.

* Premium members only.

Golden Mile Resources Receivables Turnover Chart

Golden Mile Resources Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

Get a 7-Day Free Trial

Golden Mile Resources Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial							-	-	-	-	-

Competitive Comparison of Golden Mile Resources's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Golden Mile 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.

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

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

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

Golden Mile Resources Receivables Turnover Calculation

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

Golden Mile Resources'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

Golden Mile Resources'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	+	0.038)	/	1 )
=	0	/	0.038
=	N/A

Golden Mile Resources (ASX:G88) 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.

Golden Mile Resources Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Golden Mile Resources's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Golden Mile Resources (ASX:G88) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Golden Mile Resources Ltd (ASX:G88) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

126 Phillip Street, Level 5, Sydney, NSW, AUS, 2000

Website

https://www.goldenmileresources.com.au

Golden Mile Resources Ltd is an Australian based exploration company that owns several resource tenements in Western Australia and are actively exploring the tenements for gold, nickel and cobalt and related resources. Its projects include Quicksilver Nickel-Cobalt Project, Minara Nickel-Cobalt Project, Ironstone Well Au Project, Murchison Lithium and Gold, Yarrambee Project, Darlot Au Project, Yuinmery Project, Gidgee Polymetallic Project and Leonora East Gold Project. The principal business and geographical segment of the company is Mineral Exploration within Western Australia.

Golden Mile Resources (ASX:G88) Headlines

No Headlines