Atalaya Mining (LSE:ATYM) Receivables Turnover : 6.24 (As of Dec. 2023)

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What is Atalaya Mining 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. Atalaya Mining's Revenue for the three months ended in Dec. 2023 was £73.7 Mil. Atalaya Mining's average Accounts Receivable for the three months ended in Dec. 2023 was £11.8 Mil. Hence, Atalaya Mining's Receivables Turnover for the three months ended in Dec. 2023 was 6.24.

Atalaya Mining Receivables Turnover Historical Data

The historical data trend for Atalaya Mining'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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Atalaya Mining Receivables Turnover Chart

Atalaya Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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14.97

12.38

14.76

12.91

15.84

Atalaya Mining Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															3.63	4.26	6.36	8.13	6.24

Competitive Comparison of Atalaya Mining's Receivables Turnover

For the Copper subindustry, Atalaya Mining'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.

Atalaya Mining's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Atalaya Mining's Receivables Turnover falls into.

Atalaya Mining Receivables Turnover Calculation

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

Atalaya Mining's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	293.21	/ (	(23.966	+	13.064)	/	2 )
=	293.21	/	18.515
=	15.84

Atalaya Mining'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: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	73.737	/ (	(10.57	+	13.064)	/	2 )
=	73.737	/	11.817
=	6.24

Atalaya Mining (LSE:ATYM) 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.

Atalaya Mining Receivables Turnover Related Terms

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Atalaya Mining (LSE:ATYM) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Atalaya Mining PLC (LSE:ATYM) » Definitions » Receivables Turnover

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ATLMF:USA E5S1:Germany

Address

1 Lampousa Street, Nicosia, CYP, 1095

Website

https://www.atalayamining.com

Atalaya Mining PLC is a European mining and development company. The strategy is to evaluate and prioritise metal production opportunities in several jurisdictions throughout the well-known belts of base and precious metal mineralisation in Spain, elsewhere in European and Latin America. The Group currently owns four mining projects, namely, Proyecto Riotinto, Proyecto Touro, Proyecto Masa Valverde and Proyecto Ossa Morena. In addition, the company has an earn-in agreement to acquire three investigation permits at Proyecto Riotinto Este. The Group's mining activities are located in Spain.

Atalaya Mining (LSE:ATYM) Headlines

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