Peak Minerals (XCNQ:PEK) Receivables Turnover : 0.00 (As of Dec. 2023)

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What is Peak Minerals 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. Peak Minerals's Revenue for the three months ended in Dec. 2023 was C$0.00 Mil. Peak Minerals's average Accounts Receivable for the three months ended in Dec. 2023 was C$0.01 Mil.

Peak Minerals Receivables Turnover Historical Data

The historical data trend for Peak Minerals'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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Peak Minerals Receivables Turnover Chart

Peak Minerals Annual Data

Trend

Sep21

Sep22

Sep23

Receivables Turnover

Peak Minerals Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial				-	-	-	-	-

Competitive Comparison of Peak Minerals's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Peak Minerals'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.

Peak Minerals's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Peak Minerals's Receivables Turnover falls into.

Peak Minerals Receivables Turnover Calculation

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

Peak Minerals's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Receivables Turnover (A: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2023 )	/ (	(Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )
=	0	/ (	(0.005	+	0.008)	/	2 )
=	0	/	0.0065
=	N/A

Peak Minerals'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 )
=	0	/ (	(0.008	+	0.008)	/	2 )
=	0	/	0.008
=	N/A

Peak Minerals (XCNQ:PEK) 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.

Peak Minerals Receivables Turnover Related Terms

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Peak Minerals (XCNQ:PEK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Peak Minerals Ltd (XCNQ:PEK) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6

Website

Peak Minerals Ltd is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. The company's properties include Aida Property consists located on the Shuswap Highland within the Kamloops Mining Division.