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WA1 Resources (ASX:WA1) Receivables Turnover : 0.00 (As of Dec. 2023)


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What is WA1 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. WA1 Resources's Revenue for the six months ended in Dec. 2023 was A$0.00 Mil. WA1 Resources's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.53 Mil.


WA1 Resources Receivables Turnover Historical Data

The historical data trend for WA1 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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WA1 Resources Receivables Turnover Chart

WA1 Resources Annual Data
Trend Jun22 Jun23
Receivables Turnover
- -

WA1 Resources Semi-Annual Data
Jun21 Jun22 Dec22 Jun23 Dec23
Receivables Turnover - - - - -

Competitive Comparison of WA1 Resources's Receivables Turnover

For the Copper subindustry, WA1 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.


WA1 Resources's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, WA1 Resources's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where WA1 Resources's Receivables Turnover falls into.



WA1 Resources Receivables Turnover Calculation

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

WA1 Resources's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=0.261 / ((0 + 0) / 1 )
=0.261 / 0
=N/A

WA1 Resources'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: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=0 / ((0 + 0.531) / 1 )
=0 / 0.531
=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.


WA1 Resources  (ASX:WA1) 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.


WA1 Resources Receivables Turnover Related Terms

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WA1 Resources (ASX:WA1) Business Description

Traded in Other Exchanges
N/A
Address
55 Carrington Street, Level 2, Nedlands, WA, AUS, 6009
WA1 Resources Ltd is a mineral development in Western Australia and the Northern Territory. Its projects include West Arunta, Madura, and Hidden Valley.

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