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Forty Pillars Mining (XCNQ:PLLR) Receivables Turnover : 0.00 (As of May. 2024)


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What is Forty Pillars Mining 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. Forty Pillars Mining's Revenue for the three months ended in May. 2024 was C$0.00 Mil. Forty Pillars Mining's average Accounts Receivable for the three months ended in May. 2024 was C$0.01 Mil.


Forty Pillars Mining Receivables Turnover Historical Data

The historical data trend for Forty Pillars Mining'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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Forty Pillars Mining Receivables Turnover Chart

Forty Pillars Mining Annual Data
Trend Feb21 Feb22 Feb23 Feb24
Receivables Turnover
- - - -

Forty Pillars Mining Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Forty Pillars Mining's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Forty Pillars Mining'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.


Forty Pillars Mining's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Forty Pillars Mining's Receivables Turnover falls into.



Forty Pillars Mining Receivables Turnover Calculation

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

Forty Pillars Mining's Receivables Turnover for the fiscal year that ended in Feb. 2024 is calculated as

Receivables Turnover (A: Feb. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Feb. 2024 ) / ((Accounts Receivable (A: Feb. 2023 ) + Accounts Receivable (A: Feb. 2024 )) / count )
=0 / ((0.048 + 0.01) / 2 )
=0 / 0.029
=N/A

Forty Pillars Mining's Receivables Turnover for the quarter that ended in May. 2024 is calculated as

Receivables Turnover (Q: May. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: May. 2024 ) / ((Accounts Receivable (Q: Feb. 2024 ) + Accounts Receivable (Q: May. 2024 )) / count )
=0 / ((0.01 + 0.015) / 2 )
=0 / 0.0125
=N/A

* 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.


Forty Pillars Mining  (XCNQ:PLLR) 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.


Forty Pillars Mining Receivables Turnover Related Terms

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Forty Pillars Mining Business Description

Traded in Other Exchanges
Address
625 Howe Street, Suite 488, Vancouver, BC, CAN, V6C 2T6
Forty Pillars Mining Corp is a mineral exploration company. Its property includes the Silver Dollar property. The company also acquire the Wishbone Property in British Columbia.
Executives
Oberon Uranium Corp. 10% Security Holder
Origen Resources Inc. 10% Security Holder
Emma Fairhurst Director
Gary David Albert Schellenberg Director

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