Volcan Compania MineraA (LIM:VOLCABC1) Receivables Turnover : 12.39 (As of Dec. 2023)

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What is Volcan Compania MineraA 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. Volcan Compania MineraA's Revenue for the three months ended in Dec. 2023 was S/.818 Mil. Volcan Compania MineraA's average Accounts Receivable for the three months ended in Dec. 2023 was S/.66 Mil. Hence, Volcan Compania MineraA's Receivables Turnover for the three months ended in Dec. 2023 was 12.39.

Volcan Compania MineraA Receivables Turnover Historical Data

The historical data trend for Volcan Compania MineraA'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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Volcan Compania MineraA Receivables Turnover Chart

Volcan Compania MineraA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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18.83

16.74

29.25

30.70

39.29

Volcan Compania MineraA 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															16.04	12.20	20.95	17.75	12.39

Competitive Comparison of Volcan Compania MineraA's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Volcan Compania MineraA'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.

Volcan Compania MineraA's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Volcan Compania MineraA's Receivables Turnover falls into.

Volcan Compania MineraA Receivables Turnover Calculation

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

Volcan Compania MineraA'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 )
=	3302.867	/ (	(96.144	+	71.979)	/	2 )
=	3302.867	/	84.0615
=	39.29

Volcan Compania MineraA'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 )
=	818.459	/ (	(60.175	+	71.979)	/	2 )
=	818.459	/	66.077
=	12.39

Volcan Compania MineraA (LIM:VOLCABC1) 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.

Volcan Compania MineraA Receivables Turnover Related Terms

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Volcan Compania MineraA (LIM:VOLCABC1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Volcan Compania Minera SAA (LIM:VOLCABC1) » Definitions » Receivables Turnover

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Traded in Other Exchanges

VOLCAAC1:Peru XVOLB:Spain

Address

Avenida Manuel Olguin 373, Santiago de Surco, Lima, PER

Website

https://www.volcan.com.pe

Volcan Compania Minera SAA is a Peruvian mining company. All of its operations are located in the central mountains of the Peruvian Andes, which include operating units such as Yauli, Chungar, Alpamarca, and Cerro de Pasco. These four operating units include a total of 10 mines, seven concentrator plants, and an oxide leaching plant. Zinc constitutes the largest contribution to consolidated revenue, and with silver, makes up the vast majority of sales. In addition to the zinc and silver business, the company also mines lead, copper, and gold.

Volcan Compania MineraA (LIM:VOLCABC1) Headlines

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