Transforma Resources (TSXV:TFM) Receivables Turnover : 0.00 (As of Sep. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Transforma 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. Transforma Resources's Revenue for the three months ended in Sep. 2023 was C$0.00 Mil. Transforma Resources's average Accounts Receivable for the three months ended in Sep. 2023 was C$0.02 Mil.

Transforma Resources Receivables Turnover Historical Data

The historical data trend for Transforma 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.

* Premium members only.

Transforma Resources Receivables Turnover Chart

Transforma Resources Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

Get a 7-Day Free Trial

Transforma Resources Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Receivables Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Transforma Resources's Receivables Turnover

For the Copper subindustry, Transforma 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.

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

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

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

Transforma Resources Receivables Turnover Calculation

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

Transforma Resources'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	/ (	(0.012	+	0.019)	/	2 )
=	0	/	0.0155
=	N/A

Transforma Resources's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	0	/ (	(0.024	+	0.013)	/	2 )
=	0	/	0.0185
=	N/A

Transforma Resources (TSXV:TFM) 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.

Transforma Resources Receivables Turnover Related Terms

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

Transforma Resources (TSXV:TFM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Transforma Resources Corp (TSXV:TFM) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

CFV0:Germany

Address

8080 Cambie Road, Suite 309, Richmond, BC, CAN, V6X 0C1

Website

https://www.transformacorp.com

Transforma Resources Corp is a mining company. It is engaged in the exploration of mineral properties. The company holds interests in exploration properties in British Columbia, Canada. Its properties include Thunder Copper Claims. It operates in one operating segment in one geographic region being the Acquisition and Exploration of Mineral Properties in Canada.