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. DynaResource's Revenue for the
three
months ended in Mar. 2024 was $9.43 Mil. DynaResource's average Accounts Receivable for the
three
months ended in Mar. 2024 was $1.01 Mil.
Hence, DynaResource's Receivables Turnover for the
three
months ended in Mar. 2024 was 9.30.
DynaResource Receivables Turnover Historical Data
The historical data trend for DynaResource'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.
Competitive Comparison of DynaResource's Receivables Turnover
For the Other Precious Metals & Mining subindustry, DynaResource'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.
DynaResource's Receivables Turnover Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, DynaResource's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where DynaResource's Receivables Turnover falls into.
DynaResource Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
DynaResource's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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.
DynaResource Receivables Turnover Related Terms
Thank you for viewing the detailed overview of DynaResource's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
DynaResource Inc is a minerals investment, management, and exploration company. It is primarily conducting test mining and pilot milling operations through an operating subsidiary in Mexico, with a specific focus on precious and base metals. The firm explores gold, silver, and other valuable minerals. It has only one segment that is Mexico. The company's flagship property is the San Jose de Gracia project, which consists of several mining concessions.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
DYNR has been successfully added to your 