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DRDGOLD Limited ADR
NYSE DRD
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DRDGOLD Limited ADR Working Capital Turnover Ratio for the quarter ending December 31, 2023: 1.44
DRDGOLD Limited ADR Working Capital Turnover Ratio is 1.44 for the quarter ending December 31, 2023, a 29.94% change year over year. The working capital turnover ratio measures the efficiency of a company in utilizing its working capital to generate revenue. It is calculated by dividing the revenue by the working capital. This ratio indicates the number of times the company's working capital is converted into revenue during a specific period. A higher working capital turnover ratio suggests more efficient utilization of working capital in revenue generation.
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DRDGOLD Limited ADR Working Capital Turnover Ratio for the quarter ending December 31, 2022 was 1.11, a 0.53% change year over year.
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DRDGOLD Limited ADR Working Capital Turnover Ratio for the quarter ending December 31, 2021 was 1.10, a -23.08% change year over year.
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DRDGOLD Limited ADR Working Capital Turnover Ratio for the quarter ending December 31, 2020 was 1.43, a -65.42% change year over year.
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DRDGOLD Limited ADR Working Capital Turnover Ratio for the quarter ending December 31, 2019 was 4.14, a -49.40% change year over year.
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NYSE: DRD
| CEO | Mr. Daniel Johannes Pretorius B.Proc., L.L.M., LLB |
| IPO Date | Sept. 30, 1996 |
| Location | South Africa |
| Headquarters | Cycad House, Johannesburg, South Africa, 1709 |
| Employees | 927 |
| Sector | Basic Materials |
| Industry | Gold |
Description
DRDGOLD Limited, a gold mining company, engages in the surface gold tailings retreatment business in South Africa. It also involved in the exploration, extraction, processing, and smelting activities. The company recovers gold from surface tailings in the Witwatersrand basin in Gauteng province. DRDGOLD Limited was formerly known as Durban Roodepoort Deep Limited and changed its name to DRDGOLD Limited in 2004. The company was incorporated in 1895 and is headquartered in Johannesburg, South Africa. DRDGOLD Limited is a subsidiary of Sibanye Gold Limited.
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StockViz Staff
September 19, 2024
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