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Beacon Minerals (ASX:BCN) Receivables Turnover : 32.05 (As of Jun. 2024)


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What is Beacon 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. Beacon Minerals's Revenue for the six months ended in Jun. 2024 was A$34.26 Mil. Beacon Minerals's average Accounts Receivable for the six months ended in Jun. 2024 was A$1.07 Mil. Hence, Beacon Minerals's Receivables Turnover for the six months ended in Jun. 2024 was 32.05.


Beacon Minerals Receivables Turnover Historical Data

The historical data trend for Beacon 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.

* Premium members only.

Beacon Minerals Receivables Turnover Chart

Beacon Minerals Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.03 73.84 329.47 - 133.49

Beacon Minerals Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 24.25 16.48 15.93 32.06 32.05

Competitive Comparison of Beacon Minerals's Receivables Turnover

For the Gold subindustry, Beacon 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.


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

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

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



Beacon Minerals Receivables Turnover Calculation

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

Beacon Minerals's Receivables Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Receivables Turnover (A: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2024 ) / ((Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Jun. 2024 )) / count )
=82.896 / ((0 + 0.621) / 1 )
=82.896 / 0.621
=133.49

Beacon Minerals's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=34.264 / ((1.517 + 0.621) / 2 )
=34.264 / 1.069
=32.05

* 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.


Beacon Minerals  (ASX:BCN) 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.


Beacon Minerals Receivables Turnover Related Terms

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Beacon Minerals Business Description

Traded in Other Exchanges
N/A
Address
144 Vivian Street, Boulder, Perth, WA, AUS, 6432
Beacon Minerals Ltd is a mineral exploration and development company based in Australia. The company is focused on the development of Jaurdi Gold Project and Macphersons project Australia. It generates a majority of its revenue from Gold. The company operates within Australia.

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