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Chesapeake Granite Wash Trust (Chesapeake Granite Wash Trust) Cash Conversion Cycle : 0.00 (As of Mar. 2024)


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What is Chesapeake Granite Wash Trust Cash Conversion Cycle?

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Chesapeake Granite Wash Trust's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.
Chesapeake Granite Wash Trust's Days Inventory for the three months ended in Mar. 2024 was 0.
Chesapeake Granite Wash Trust's Days Payable for the three months ended in Mar. 2024 was 0.
Therefore, Chesapeake Granite Wash Trust's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 0.00.


Chesapeake Granite Wash Trust Cash Conversion Cycle Historical Data

The historical data trend for Chesapeake Granite Wash Trust's Cash Conversion Cycle 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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Chesapeake Granite Wash Trust Cash Conversion Cycle Chart

Chesapeake Granite Wash Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
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Chesapeake Granite Wash Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Chesapeake Granite Wash Trust's Cash Conversion Cycle

For the Oil & Gas E&P subindustry, Chesapeake Granite Wash Trust's Cash Conversion Cycle, along with its competitors' market caps and Cash Conversion Cycle 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.


Chesapeake Granite Wash Trust's Cash Conversion Cycle Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Chesapeake Granite Wash Trust's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Chesapeake Granite Wash Trust's Cash Conversion Cycle falls into.



Chesapeake Granite Wash Trust Cash Conversion Cycle Calculation

Cash Conversion Cycle (CCC) measures how fast a company can convert cash on hand into even more cash on hand. This metric looks at the amount of time needed to sell inventory, the amount of time needed to collect receivables and the length of time the company is afforded to pay its bills without incurring penalties.

Cash Conversion Cycle is one of several measures of management effectiveness.

Chesapeake Granite Wash Trust's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+0-0
=0.00

Chesapeake Granite Wash Trust's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+0-0
=0.00

* 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.


Chesapeake Granite Wash Trust  (OTCPK:CHKR) Cash Conversion Cycle Explanation

Generally, the lower this number is, the better for the company. Although it should be combined with other metrics (such as ROE % and ROA %), it can be especially useful for comparing close competitors, because the company with the lowest CCC is often the one with better management.


Be Aware

CCC is most effective with retail-type companies, which have inventories that are sold to customers. Consulting businesses, software companies and insurance companies are all examples of companies for whom this metric is meaningless.

The CCC is one of several tools that can help you evaluate management, especially if it is calculated for several consecutive time periods and for several competitors. Decreasing or steady CCCs are good, while rising ones should motivate you to dig a bit deeper.


Chesapeake Granite Wash Trust Cash Conversion Cycle Related Terms

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Chesapeake Granite Wash Trust (Chesapeake Granite Wash Trust) Business Description

Traded in Other Exchanges
N/A
Address
601 Travis Street, Floor 16, Houston, TX, USA, 77002
Chesapeake Granite Wash Trust is a statutory trust which is formed to own the royalty interests for the benefit of trust unitholders. The Royalty Interests are derived from Chesapeake Energy Corporation's interests in specified oil and natural gas properties located in the Colony Granite Wash play in Washita County in the Anadarko Basin of western Oklahoma. The trust also has an interest in producing Wells and the development Wells. Majority revenue of the company comes from oil, natural gas and NGL.
Executives
Chesapeake Energy Corp 10 percent owner 6100 NORTH WESTERN AVE, OKLAHOMA CITY OK 73118
Chesapeake Exploration Llc 10 percent owner 6100 N. WESTERN AVENUE, PO BOX 18496, OKC OK 73154-0496

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