Aero Energy (TSXV:AERO) Receivables Turnover : 0.00 (As of Jan. 2024)

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What is Aero Energy 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. Aero Energy's Revenue for the three months ended in Jan. 2024 was C$0.00 Mil. Aero Energy's average Accounts Receivable for the three months ended in Jan. 2024 was C$0.03 Mil.

Aero Energy Receivables Turnover Historical Data

The historical data trend for Aero Energy'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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Aero Energy Receivables Turnover Chart

Aero Energy Annual Data

Trend

Apr20

Apr21

Apr22

Apr23

Receivables Turnover

Aero Energy Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Receivables Turnover	Get a 7-Day Free Trial													-	-	-	-	-

Competitive Comparison of Aero Energy's Receivables Turnover

For the Gold subindustry, Aero Energy'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.

Aero Energy's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Aero Energy's Receivables Turnover falls into.

Aero Energy Receivables Turnover Calculation

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

Aero Energy's Receivables Turnover for the fiscal year that ended in Apr. 2023 is calculated as

	Receivables Turnover (A: Apr. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Apr. 2023 )	/ (	(Accounts Receivable (A: Apr. 2022 )	+	Accounts Receivable (A: Apr. 2023 ))	/	count )
=	0	/ (	(0.028	+	0.033)	/	2 )
=	0	/	0.0305
=	N/A

Aero Energy's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

	Receivables Turnover (Q: Jan. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jan. 2024 )	/ (	(Accounts Receivable (Q: Oct. 2023 )	+	Accounts Receivable (Q: Jan. 2024 ))	/	count )
=	0	/ (	(0.029	+	0.036)	/	2 )
=	0	/	0.0325
=	N/A

Aero Energy (TSXV:AERO) 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.

Aero Energy Receivables Turnover Related Terms

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Aero Energy (TSXV:AERO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aero Energy Ltd (TSXV:AERO) » Definitions » Receivables Turnover

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Traded in Other Exchanges

AAUGF:USA 13L0:Germany

Address

1030 West Georgia Street, Suite 918, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.angoldresources.com

Angold Resources Ltd is a gold exploration and development company. The company has four properties in the portfolio; including two in Chile and others in Nevada and Canada. The property portfolio includes Dorado, Cordillera, Iron Butte, Hope Butte, and Uchi.