GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aya Gold & Silver Inc (TSX:AYA) » Definitions » Receivables Turnover

Aya Gold & Silver (TSX:AYA) Receivables Turnover : 6.37 (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Aya Gold & Silver 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. Aya Gold & Silver's Revenue for the three months ended in Mar. 2024 was C$6.87 Mil. Aya Gold & Silver's average Accounts Receivable for the three months ended in Mar. 2024 was C$1.08 Mil. Hence, Aya Gold & Silver's Receivables Turnover for the three months ended in Mar. 2024 was 6.37.


Aya Gold & Silver Receivables Turnover Historical Data

The historical data trend for Aya Gold & Silver'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.

Aya Gold & Silver Receivables Turnover Chart

Aya Gold & Silver Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.98 4.85 10.35 17.44 28.76

Aya Gold & Silver Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.57 2.52 5.25 19.07 6.37

Competitive Comparison of Aya Gold & Silver's Receivables Turnover

For the Silver subindustry, Aya Gold & Silver'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.


Aya Gold & Silver's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Aya Gold & Silver's Receivables Turnover falls into.



Aya Gold & Silver Receivables Turnover Calculation

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

Aya Gold & Silver'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 )
=57.486 / ((3.184 + 0.814) / 2 )
=57.486 / 1.999
=28.76

Aya Gold & Silver's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=6.872 / ((0.814 + 1.344) / 2 )
=6.872 / 1.079
=6.37

* 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.


Aya Gold & Silver  (TSX:AYA) 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.


Aya Gold & Silver Receivables Turnover Related Terms

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


Aya Gold & Silver (TSX:AYA) Business Description

Traded in Other Exchanges
Address
1320 Boulevard Graham, Suite 132, Mont-Royal, QC, CAN, H3P 3C8
Aya Gold & Silver Inc is engaged in acquisition, exploration, evaluation, and development of mining properties. The company and its subsidiaries are at the development stage for its Zgounder project and exploration and evaluation stage for projects in Morocco. Its other project includes Boumadine; Amizmiz; Azegour and others.
Executives
Alex Ball Senior Officer

Aya Gold & Silver (TSX:AYA) Headlines

No Headlines