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iMetal Resources (TSXV:IMR) Receivables Turnover : 0.00 (As of Feb. 2024)


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What is iMetal 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. iMetal Resources's Revenue for the three months ended in Feb. 2024 was C$0.00 Mil. iMetal Resources's average Accounts Receivable for the three months ended in Feb. 2024 was C$0.03 Mil.


iMetal Resources Receivables Turnover Historical Data

The historical data trend for iMetal 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.

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iMetal Resources Receivables Turnover Chart

iMetal Resources Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Receivables Turnover
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iMetal Resources Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of iMetal Resources's Receivables Turnover

For the Gold subindustry, iMetal 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.


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

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

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



iMetal Resources Receivables Turnover Calculation

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

iMetal Resources's Receivables Turnover for the fiscal year that ended in May. 2023 is calculated as

Receivables Turnover (A: May. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: May. 2023 ) / ((Accounts Receivable (A: May. 2022 ) + Accounts Receivable (A: May. 2023 )) / count )
=0 / ((0.019 + 0.097) / 2 )
=0 / 0.058
=N/A

iMetal Resources's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

Receivables Turnover (Q: Feb. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Feb. 2024 ) / ((Accounts Receivable (Q: Nov. 2023 ) + Accounts Receivable (Q: Feb. 2024 )) / count )
=0 / ((0.025 + 0.026) / 2 )
=0 / 0.0255
=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.


iMetal Resources  (TSXV:IMR) 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.


iMetal Resources Receivables Turnover Related Terms

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iMetal Resources (TSXV:IMR) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 550, Vancouver, BC, CAN, V6C 2V6
iMetal Resources Inc is a Canadian exploration-stage company. It is principally engaged in the exploration and development of mineral properties in Ontario and Quebec, Canada. It has one reportable segment being the acquisition and exploration of resource properties. The company owns an interest in Gowganda West Property, Mosher Lake and The Carheil Property.
Executives
Johan Grandin Senior Officer

iMetal Resources (TSXV:IMR) Headlines

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