Western Metallica Resources (TSXV:WMS) Receivables Turnover : 0.00 (As of Mar. 2022)

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What is Western Metallica 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. Western Metallica Resources's Revenue for the three months ended in Mar. 2022 was C$0.00 Mil. Western Metallica Resources's average Accounts Receivable for the three months ended in Mar. 2022 was C$0.07 Mil.

Western Metallica Resources Receivables Turnover Historical Data

The historical data trend for Western Metallica 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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Western Metallica Resources Receivables Turnover Chart

Western Metallica Resources Annual Data

Trend

Dec19

Dec20

Dec21

Receivables Turnover

Western Metallica Resources Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Sep21	Dec21	Mar22
Receivables Turnover	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Western Metallica Resources's Receivables Turnover

For the Gold subindustry, Western Metallica 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.

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

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

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

Western Metallica Resources Receivables Turnover Calculation

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

Western Metallica Resources's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Receivables Turnover (A: Dec. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2021 )	/ (	(Accounts Receivable (A: Dec. 2020 )	+	Accounts Receivable (A: Dec. 2021 ))	/	count )
=	0	/ (	(0.039	+	0.052)	/	2 )
=	0	/	0.0455
=	N/A

Western Metallica Resources's Receivables Turnover for the quarter that ended in Mar. 2022 is calculated as

	Receivables Turnover (Q: Mar. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2022 )	/ (	(Accounts Receivable (Q: Dec. 2021 )	+	Accounts Receivable (Q: Mar. 2022 ))	/	count )
=	0	/ (	(0.052	+	0.097)	/	2 )
=	0	/	0.0745
=	N/A

Western Metallica Resources (TSXV:WMS) 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.

Western Metallica Resources Receivables Turnover Related Terms

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Western Metallica Resources (TSXV:WMS) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

93 Ridley Boulevard, Toronto, ON, CAN, M5M 3L6

Website

https://www.westernmetallicacorp.com

Western Metallica Resources Corp is engaged in the acquisition, exploration, and development of mineral properties in Spain. The company's projects include Penedela, Valledor and Sierra Alta, and Nueva Celti.

Executives

Peter Marcel Imhof

Director, Senior Officer