Titan Minerals (ASX:TTM) Receivables Turnover : 0.00 (As of Jun. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Titan Minerals 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. Titan Minerals's Revenue for the six months ended in Jun. 2023 was A$0.00 Mil. Titan Minerals's average Accounts Receivable for the six months ended in Jun. 2023 was A$2.43 Mil.

Titan Minerals Receivables Turnover Historical Data

The historical data trend for Titan Minerals'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.

Titan Minerals Receivables Turnover Chart

Titan Minerals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

1,029.64

Titan Minerals Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Titan Minerals's Receivables Turnover

For the Gold subindustry, Titan Minerals'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.

Titan Minerals's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Titan Minerals's Receivables Turnover falls into.

Titan Minerals Receivables Turnover Calculation

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

Titan Minerals's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	0	/ (	(0	+	0.47)	/	1 )
=	0	/	0.47
=	N/A

Titan Minerals's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

	Receivables Turnover (Q: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2023 )	/ (	(Accounts Receivable (Q: Dec. 2022 )	+	Accounts Receivable (Q: Jun. 2023 ))	/	count )
=	0	/ (	(0.47	+	4.395)	/	2 )
=	0	/	2.4325
=	N/A

Titan Minerals (ASX:TTM) 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.

Titan Minerals Receivables Turnover Related Terms

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

Titan Minerals (ASX:TTM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Titan Minerals Ltd (ASX:TTM) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

TTTNF:USA

Address

295 Rokeby Road, Suite 1, Subiaco, WA, AUS, 6008

Website

https://www.titanminerals.com.au

Titan Minerals Ltd is a Canada-based mineral exploration company. The company's main assets are The Dynasty Project, The Linderos Project, The Copper Duke Project, and The Copper Field Prospect. It continues to evaluate new business opportunities in South America.